News

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...

Utility Plant to Supply Power for 12 Petchem Units
 

Utility Plant to Supply Power for 12 Petchem Units

TEHRAN (Shana) -- Phase I of Damavand Petrochemical Utility Plant, to be officially launched on Tuesday, September 04, generates 648 megawatts of powe...

Iran to Launch Major Urea, Ammonia Project
 

Iran to Launch Major Urea, Ammonia Project

TEHRAN (Shana) -- Iran is to launch Phase III of Pardis Petrochemical Plant which accounts for 65 percent of the country's ammonia and urea export...

NISOC to Ink Major Gas Deals with PGPIC, Maroon Petchem Co.
 

NISOC to Ink Major Gas Deals with PGPIC, Maroon Petchem Co.

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

West Karoun Output Keeps Rising
 

West Karoun Output Keeps Rising

TEHRAN (Shana) -- Iran holds about 67 billion barrels of oil in place in the jointly owned oil fields in the West Karoun area. Until 2013, Iran was ex...

Mozambique Area 4 Progressing Rovuma LNG Marketing
 

Mozambique Area 4 Progressing Rovuma LNG Marketing

Rovuma LNG onshore liquefaction trains supplied by the offshore gas fields of Area 4 Area 4 negotiating Rovuma LNG sales and purchase agreements F...

ExxonMobil Completes Acquisition of Indonesian Lubricant Manufacturer and Marketer PT Federal Karyatama
 

ExxonMobil Completes Acquisition of Indonesian Lubricant Manufacturer and Marketer PT Federal Karyatama

Includes Federal Oil brand, distribution network and blending plant Strengthens ExxonMobil’s lubricant business and Mobil brand in fast-growin...

Rovuma LNG Phase 1 Development Plan Submitted to Government of Mozambique
 

Rovuma LNG Phase 1 Development Plan Submitted to Government of Mozambique

Two liquefied natural gas trains will each produce 7.6 million tons per year LNG production expected to commence in 2024 Marketing and financing n...

ExxonMobil Adds Ninth Discovery Offshore Guyana
 

ExxonMobil Adds Ninth Discovery Offshore Guyana

Hammerhead-1 well encounters 197 feet of high-quality, oil-bearing sandstone Discovery adds to estimated resource of more than 4 billion barrels M...

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