Social and Events

Three giant oil , gas and petrochemical projects will be inaugurated on Monday in the presence of Iranian President Hassan Rouhani through video conference. After the United States failed to activate trigger mechanism with the opposition of 13 members of the UN Security Council, now, a few days later, Iran …

A grounded Japanese-owned ship that leaked tonnes of oil near protected areas off the Indian Ocean island nation of Mauritius has split apart, with remaining fuel spreading into the turquoise waters. The bulk carrier struck a coral reef off Mauritius on July 25 and its hull began to crack after …

An OPEC+ ministerial panel monitoring the group’s oil supply reduction deal will hold its next virtual meeting on Aug. 19, a day later than previously planned, three OPEC+ sources told Reuters. The reason for the date change was not mentioned. OPEC+ has been cutting output since May to tackle the …

The US oil industry appears to be backing Trump over Biden for reelection in 2020, having donated nearly $1 million to his campaign compared to only $265,000 for Biden’s campaign. According to the data, as of August 2020, President Trump has received $936,155 in contributions from the oil and gas …

KLM Royal Dutch Airlines cutting 5,000 jobs confirmed the world’s oldest airline is fighting for survival, amid Covid-19 devastating the global airline industry. In its distinguished 100- year history, KLM has seen nothing like this since Queen Wilhelmina in 1919 bestowed the word “Royal” upon the world’s 18th airline. KLM …

The value of Iran’s exports to Pakistan through the border in the southeast of the country has risen 26 percent during the first quarter of the current Iranian calendar year (March 20-June 20), compared to the same period of time in the previous year, an Iranian provincial official announced. Davoud …

Iranian President’s Chief of Staff Mahmoud Vaezi said that lifting Iran’s arms embargo is one of the JCPOA’s most important commitments, stressing that JCPOA will not continue without lifting it. In a late Wednesday tweet, Vaezi wrote, “The recent measures by US officials to impose their will on members of …

The Trans-Adriatic Pipeline (TAP), which is the final segment of the Southern Gas Corridor, envisaging the transportation of Azerbaijani gas to Europe, is under completion, Azerbaijani Energy Minister Parviz Shahbazov said, Trend reported. Shahbazov made the remark in Baku within the 14th Baku Summer Energy School at ADA University dedicated …

A total of 43 countries including the United States, Japan and South Korea claimed on Friday that North Korea’s imports of oil products so far this year had exceeded an annual ceiling of 500,000 barrels under U.N. Security Council resolutions. The countries made the claim in a document submitted to …

Iran’s Petropars Ltd. signed a contract to more than double output at the South Azadegan oil field, the second deal this month to boost production at a deposit shared with Iraq. Petropars agreed to raise the field’s output to 320,000 barrels a day over 30 months from 140,000 currently. The …