News

ExxonMobil Signs Framework Agreement for Proposed Chemical Complex in China
 

ExxonMobil Signs Framework Agreement for Proposed Chemical Complex in China

Company is evaluating a multibillion-dollar investment in Guangdong Province Project would help meet expected chemical demand growth in China Part...

GE and CGI Partner to Advance the Digital Grid of the Future
 

GE and CGI Partner to Advance the Digital Grid of the Future

Montréal, Quebec, September 6, 2018 – GE (NYSE:GE), one of the leading providers of digital energy solutions, and CGI (NYSE: GIB) (TSX: GIB.A), ...

Record fast-track development
 

Record fast-track development

On 2 September the Visund Nord IOR (improved oil recovery) project came on stream, two months ahead of schedule. The project has further been delivere...

No Stop in Iran Oil Production, Exports under Sanctions: MP
 

No Stop in Iran Oil Production, Exports under Sanctions: MP

TEHRAN (Shana) -- A member of the Iranian parliament said, "During eight years of the imposed war, we managed to export our oil in any way, and o...

Condensate Exports Down as Domestic Use Up
 

Condensate Exports Down as Domestic Use Up

TEHRAN (Shana) -- Since taking office in 2013, the administration of President Hassan Rouhani has focused on putting an end on selling raw materials. ...

GE to provide turbines and facilitate €90 million financing for 100MW Ukrainian wind farm
 

GE to provide turbines and facilitate €90 million financing for 100MW Ukrainian wind farm

German export credit agency guarantees financing GE to supply 26 3.8-130-110HH turbines KIEV, UKRAINE – AUGUST 28, 2018 – GE E...

ExxonMobil Announces Eighth Discovery Offshore Guyana
 

ExxonMobil Announces Eighth Discovery Offshore Guyana

Longtail-1 well encounters approximately 256 feet of high-quality, oil-bearing sandstone Discovery is in southeast portion of Stabroek Block, near T...

ExxonMobil Advances Liza Phase 1 Development
 

ExxonMobil Advances Liza Phase 1 Development

Development drilling commences, facility construction under way; first oil in 2020 Production from three developments to exceed 500,000 barrels per ...

ExxonMobil Singapore Butyl and Resins Plants Begin Production
 

ExxonMobil Singapore Butyl and Resins Plants Begin Production

Hydrogenated hydrocarbon resin and halobutyl production capacity increased 90,000 tonnes and 140,000 tonnes per year respectively Meets growing dema...

Iran Ethane Output to Cross 17.6 mt by March 2020
 

Iran Ethane Output to Cross 17.6 mt by March 2020

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zanganeh says the country's annual ethane production capacity will reach 17.6 million tons b...

NISOC Inks Major Gas Deals with PGPIC, Maroon Petchem Co.
 

NISOC Inks Major Gas Deals with PGPIC, Maroon Petchem Co.

TEHRAN (Shana) -- The National Iranian South Oil Company (NISOC) signed two contracts, totally valued at $1.2 billion, with the Persian Gulf Petrochem...

Iran Launches Major Petchem Projects in Asaluyeh
 

Iran Launches Major Petchem Projects in Asaluyeh

TEHRAN (Shana) -- Iranian President Hassan Rouhani officially inaugurated three petrochemical projects in Asaluyeh, southern Iran. The...

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