Tag Archives: Facilities

Ecuador has been in breach of its promised production limits every month this year.

Iran is building an onshore oil pipeline worth US$1.8 billion to a terminal just outside the Strait of Hormuz. the most critical oil chokepoint in the world.

Iranian Oil Minister Bijan Zangeneh said he would leave Tehran for Moscow later this week to attend the upcoming Gas Exporting Countries Forum (GECF) ministerial meeting and participate in the Russian Energy Week.

World'.s top oil exporter Saudi Arabia has restored capacity to 11.3 million barrels per day.

A major Italian transportation group is in negotiation with the Port and Maritime Organization of Iran (PMO) to establish a shipping route between the Southeastern Iranian port of Chabahar and the Northern Italian port of Venice.

Head of the National Iranian Oil Refining and Distribution Company (NIORDC) Alireza Sadeqabadi said that his country is planning to increase its gasoline exports to 3 million tons a month to generate around 1.5 billion in revenues.

The Oil Ministry expects that the new island and related plans will allow it to almost double its export capacity within three years.

The consumer goods giant has signed up to the On-Pack Recycling Label scheme. through which it will provide clear and concise guidance on how better to dispose of waste.

Iran’s Minister of Transportation Mohammad Eslami said that his country’s maritime transportation capacity has witnessed significant growth since last year when US President Donald Trump re-imposed anti-Tehran sanctions.

The current strength in rates has been triggered by geopolitics.