The energy giant has pledged to invest more in low carbon technologies and less in oil and gas after acknowledging the world’s carbon budget is finite and running out fast.
Read More »Miles Macadam Sets Carbon Neutral Goal for End of 2020
The surfacing firm said it will also endeavour to help its clients offset their own emissions.
Read More »New Joint Venture to Build Two EV Gigafactories in Europe
Saft and Groupe PSA suggest the facilities will produce around one million batteries every year.
Read More »Big Lose for Oil Traders due to Coronavirus Panic
Beijing has improved its crisis management since the 2003 SARS virus.
Read More »Chevron’s Venezuela Output Jumps as U.S. Considers more Sanctions
Chevron has ramped up output at a key Venezuela oil project to levels not seen in almost a year. offering a thorny reminder of how U.S. sanctions are failing to deliver a knockout of Nicolas Maduro’s regime.
Read More »Natural Gas Hits Four-Year Low on Epic U.S. Demand Failure
Natural gas futures sank to a four-year low as the latest U.S. forecasts all but eliminated bulls’ hopes for a late-winter cold push.
Read More »Iran Eyes Self-Sufficiency in Sponge. Needle Coke Production
The National Iranian Oil Refining and Distribution Company (NIORDC) and Iranian Mines &. Mining Industries Development &. Renovation. known as IMIDRO. have signed an agreement for production of sponge and needle coke in Bandar Abbas.
Read More »Iran Refineries to Yield 0.7mt year of Petcoke
Iranian Minister of Petroleum Bijan Zangeneh said Bandar Abbas and Imam Khomeini refineries were to produce 700.000 tons per year of sponge and needle cokes in Iran.
Read More »1st Iran Heavy Polyethylene Unit to Be Built
A contract was signed between Petrochemical Research and Technology Company (PRTC) and Tabriz Petrochemical Company for building Iran’s first heavy polyethylene plant.
Read More »Sales Exceed Output at Noori Petchem Plant
The plant had done great in the month of Dey (which begins on December 22 to January 20) and its sales had exceeded the plant’s output.
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