Sanctions on Iran's oil and gas sector could be lifted in the first week of January, according to Amir Hossein Zamaninia, Iran's deputy oil minister for international affairs Saturday, as the country seeks an agreement with OPEC to ...
Tags: Oil, Gas, Iran's oil
Iran unveiled its hotly anticipated new petroleum contracts to dozens of international oil companies in Tehran Saturday, and the first set of new tenders could be released by late January, a senior Iranian oil official said. The two-day ...
Tags: Oil, LNG, Iran Petroleum
Fossil fuel companies risk wasting up to $2.2 trillion in the next decade by pursuing projects that could be uneconomic in the face of international action to limit climate change, UK-based financial think-tank Carbon Tracker Initiative ...
Tags: Fossil Fuel, natural gas, oil shale, oil sands
The halving of Algeria's foreign revenues in just a few months has had a brutal impact on the country's economy, Prime Minister Abelmalek Sellal said Sunday, describing the current situation as "difficult." In an interview with state news ...
Tubemaker Tenaris is not very optimistic about a recovery in demand for its steel tubular products from the oil and gas industries in the near future, its CEO Paolo Rocca said during a conference call on Thursday. The executive stressed ...
Global sales of photonic sensors and detectors will increase from $6.3 billion in 2013, an estimated $7.3 billion in 2014 and will reach $15.2 billion in 2019, according to a new market study by analyst BCC Research. This growth equates to ...
Tags: photonic sensors, detectors, ICT market
The global distributed fiber optic sensor market was valued at $585 million in 2013, and projected to approach $1.5 billion in 2018 with 70% of sales associated with the oil and gas segments. But now a revised market forecast, ...
Tags: fiber optic sensor, Oil Price, smart sensing
Shell is to operate a standalone integrated gas division from the start of 2016 -- given the business's increasing importance to the overall group -- in a move that will also help Shell to integrate BG Group which it agreed to buy in April ...
Tags: Shell, Integrated gas, BG
The three-member Texas Railroad Commission on Tuesday accepted the findings of the commission staff that two oil and gas wastewater disposal wells were not the likely cause of a series of earthquakes that shook parts of North Texas in late ...
Tags: Injection Wells, earthquakes, Shale gas
China's state-owned oil giants Sinopec and PetroChina reported a modest 1.73 million mt or 0.7% increase in their domestic oil products sales in the first nine months of 2015, but exports rose by 2.59 million mt or 12% in the same period, ...
RPC Promens Consumer Corby, a producer of extrusion blow moulded barrier bottles and wide-necked jars, along with oil and gas company Total has launched a new multilayer jar for long-term and high barrier food storage applications. The ...
Tags: Multilayer Jar, Food Storage
Chinese Minister of Commerce Gao Hucheng who is visiting Algeria met with the Prime Minister of Algeria Abdelmalek Sellal on April 11, exchanging views on co-constructing “One Belt and One Road” and strengthening the bilateral ...
Tags: industry, infrastructure, agriculture, trade, tourism
When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century ...
Tags: GELED, lighting, business strategy, market trends
The Center for the Polyurethanes Industry (CPI) has announced the finalists for the 2015 Polyurethane Innovation Award, selecting innovations created by Dow Chemical, Honeywell and Novomer. Since its inception in 2005, the Polyurethane ...
Driven in large part by the rapid expansion of shale oil and gas drilling and production in North America, the world market for oil field specialty chemicals at the service company level reached $25 billion in 2014, up from nearly $16 ...
Tags: chemicals, coating, paint pigment, shale oil