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Iran Willing to Invest in India Refinery

20 July 2019 - 07:09

Iran is willing and ready to invest in the development of Nagapattinam refinery in Southern Tamil Nadu state, a senior Iranian diplomat said in New Delhi on Wednesday.

China Grants More Crude Oil Import Quotas to Refiners

4 July 2019 - 15:54

China is allowing additional crude oil import quotas to predominantly private oil refiners in the world’s top oil importer, Reuters reported on Tuesday, citing a document it has seen.

Russia’s Gazprom Delivers First Batch of Needle Coke to the Country’s Domestic Manufacturers

15 June 2019 - 00:14

As per the latest updates, Russia’s only needle coke manufacturer, Gazprom Neft Omsk Refinery has finally produced and supplied its first batch of needle coke to the domestic manufacturers.

Venezuela refinery runs shrink to 25pc: PdV data

2 October 2018 - 19:46

Venezuelan state-owned PdV utilized less than a quarter of the nameplate processing capacity at its main oil refineries in July, reflecting a shrinking pool of domestic feedstock and chronic equipment breakdowns.

Gas Flaring Cut by 70% in South Pars Refinery

10 March 2017 - 14:54

South Pars Oil and Gas Company (SPOGC) has curbed the flaring of natural gas at the so-called 3rd South Pars refinery in the city of Asalouyeh, Bushehr Province, by 70% in the present fiscal year (ends March 20), the refinery's director said on Wednesday.

Aramco Buys $7b Stake in Petronas

3 March 2017 - 14:40

Saudi oil giant Aramco will buy an equity stake in Malaysian firm Petronas' major refining and petrochemical project, pumping in $7 billion in its biggest downstream investment outside the kingdom, the companies said on Tuesday.

Iran Signs $2b Refinery Expansion Deal With Daelim

8 January 2017

Tehran has finalized an agreement worth $2 billion (2.3 trillion won) with South Korea's Daelim Corporation to renovate and expand a refinery in Isfahan Province, head of the National Iranian Oil Refining and Distribution Company, Abbas Kazemi, said on Friday.

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