Iranian Firm in Talks With Linde, TechnipFMC
madaresharghi In line with efforts to expand ethylene production, Jam Petrochemical Company in the southern Bushehr Province is on the last leg of negotiations to finalize a deal with Germany's ...
Renewables Provided 44% of Germany’s Electricity in October
madaresharghi Germany added 2.3 gigawatts of new onshore wind capacity in the first half of 2017. Though it failed to meet the target last year, the Renewable Energy Act set ...
China Oil Demand to Peak in 2040
madaresharghi Oil demand from China's transportation sector will peak in 2030 and flatten thereafter, mainly due to falling gasoline demand for passenger vehicles that become more efficient and increasingly electricity-driven, ...
South Pars Gas Output to Reach 570 mcm/d by March
madaresharghi Natural gas production from the giant South Pars Gas Field is scheduled to return to normal by the end of the present fiscal year in March, following a string ...
Total to Review Iranian Gas Deal If New Sanctions Arise
madaresharghi French oil and gas major Total would have to review its Iran gas project if the United States decides to impose unilateral sanctions on Tehran, given the company’s assets ...
Saudi Arabia's Oil Export to US Plunges to 30-Year Low
madaresharghi For a generation, the huge, whitewashed storage tanks at America’s largest oil refinery in Port Arthur, Texas, have stored almost nothing but Saudi crude. All of a sudden, there ...
IEA: Global Crude Demand to Endure Wave of Electric Cars
madaresharghi Global oil demand will fall only modestly alongside the expected rise in electric vehicles over the next two decades, with consumption in petrochemicals and other transportation still growing, the ...
Denmark, Iran Sign Water, Wastewater Agreements
madaresharghi A group of Danish water companies signed three memoranda of understanding with Iranian firms operating in water and wastewater engineering projects. According to the Energy Ministry's news portal, the ...
Oil Holds Near 2-Year Highs
madaresharghi Oil was largely steady on Monday, trapped between a bullish push from tension in the Middle East and downward pressure from evidence of rising US production, although record fund ...
Bouali Petrochemical Complex on Cost-Cutting Mission
madaresharghi Iran's Bouali Petrochemical Complex is taking measures to cut down costs on logistics operations as part of the company's belt-tightening program, after it was hit by a massive blaze ...