Gulfoilandgas.com Asia Newshttp://www.gulfoilandgas.com/Gulfoilandgas.com Asia NewsCopyright 2017. All rights reserved.en-us60http://www.gulfoilandgas.com/webpro1/frame/GulfOil.gifgulfoilandgas.comhttp://www.gulfoilandgas.com/Mon, 16 Jan 2017 18:54:12 GMTRosneft Attracts a Consortium of Japanese Companies to Undertake Joint ExplorationSat, 16 Dec 2017 00:00:00 GMTRosneft and a consortium of Japanese companies comprising Marubeni Corporation, Japan Oil, Gas and Metals National Corporation (JOGMEC) and INPEX CORPORATION have signed a Heads of Agreement in relati...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56138&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asAPC to Be RenovatedThu, 07 Dec 2017 00:00:00 GMTManaging Director of Tamin Petroleum & Petrochemical Investment Co. (TAPPICO) Mohammad-Hassan Peyvandi says Abadan Petrochemical Co. (APC), which is the oldest polymer company in the Middle East, is t...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=55932&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asIran 9-Month Petchem Output at 37.6mtMon, 16 Jan 2017 00:00:00 GMTIranian petrochemical plants processed 37.6 million tons of petrochemical products in the first 9 months of the current Iranian calendar year which began on March 20. According to the National Petroch...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56702&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asIran Petchem Industry in Need of $55b Investment in 10 YearsMon, 16 Jan 2017 00:00:00 GMTIran says it will need at least 55 billion dollars in investment in its petrochemical sector to bring its annual output to 150 million tons from the current 60 mt/y production capacity within the next...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56701&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asIran Plans to Launch 5 Petchem Projects by March 2017Mon, 16 Jan 2017 00:00:00 GMTIran is to launch 5 new petrochemical projects within the remaining two month of the current calendar year to March 20, a senior petrochemical official said. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56700&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asLorestan Petchem Plant OperationalMon, 16 Jan 2017 00:00:00 GMTLorestan Petrochemical Plant has come on-stream with 90% of its nameplate production capacity, the facility's CEO said. Mohammad Hossein Maghazehei said the plant has produced 137,000 tons of petroche...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56698&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asSouth Koreas Iranian Oil Imports Up 8 TimesMon, 16 Jan 2017 00:00:00 GMTOfficial figures manifest that South Korea’s imports of oil from Iran last December soared about eight times greater than a year ago _ suggesting that the country is getting a stronger position in the...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56696&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asIran Reachs Qatar in South Pars Gas ProductionSat, 14 Jan 2017 00:00:00 GMTMohammad Meshkinfaamannounced the current daily production of South Pars field as 500 million cubic feet meters in the press conferences held on the occasion of the 18th anniversary of the company est...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56697&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asSakhalin Energy & Gazprom Signed Long-Term LNG Tanker Charter AgreementFri, 13 Jan 2017 00:00:00 GMTSakhalin Energy and Gazprom Marketing & Trading (GMT) signed a 10-year Ob River LNG tanker time-charter agreement. The document was signed by Andrey Okhotkin, Sakhalin Energy Commerce director and by ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56711&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asPetrovietnam, Exxon Mobil Sign Deal On Gas GenerationFri, 13 Jan 2017 00:00:00 GMTState energy group PetroVietnam (PVN) signed an agreement with the Vietnamese unit of U.S. Exxon Mobil Corp on Friday to develop the country's biggest gas project for power generation, the state firm ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56679&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asRussia's Lukoil CEO, His Deputy Sell Shares Worth $16.4 MMFri, 13 Jan 2017 00:00:00 GMTRussia's No. 2 oil producer Lukoil said on Friday that its chief executive officer Vagit Alekperov and his deputy Leonid Fedun had sold Lukoil shares worth $16.375 million in total on Jan. 10.http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56678&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asRussia's Novatek Says Gas Output Down 2.7% In 2016Fri, 13 Jan 2017 00:00:00 GMTRussia's No.2 natural gas producer Novatek said its gas output declined by 2.7 percent in 2016, while gas condensate and oil production jumped by almost 37 percent as it commissioned new fields. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56677&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asCNOOC Commences Production at Penglai 19-9Fri, 13 Jan 2017 00:00:00 GMTCNOOC Limited has announced that the Penglai 19-9 comprehensive adjustment project has commenced production. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56672&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asProject Participants Awarded at BHOSThu, 12 Jan 2017 00:00:00 GMTAn awarding ceremony dedicated to completion of the Quantum Physics Presented by Young Scientists was held at Baku Higher Oil School (BHOS). The project was implemented with financial support from You...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56675&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asOECD Asia Pacific Oil Demand - December 2016Thu, 12 Jan 2017 00:00:00 GMTWith data up to October 2016, oil demand in Japan has been determined by falling requirements in the direct use of fuel and crude oil for electricity generation, as a result of increasing substitution...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56661&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asHorizon Oil Reports Significant Production Milestone at Beibu Gulf FieldsThu, 12 Jan 2017 00:00:00 GMTHorizon Oil has advised that on 10 January 2017 production from the Beibu Gulf fields, offshore China, which came on stream in March 2013, reached a total of 13.9 million barrels of oil. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56657&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asChina's CNPC Forecasts Record Oil Demand, Warns On Product GlutThu, 12 Jan 2017 00:00:00 GMTChina's crude oil demand will grow by 3.4 percent this year to a record of almost 12 million barrels per day (bpd), the country's top state-owned oil producer forecast on Thursday, as refiners in the ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56653&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asResults of the TATNEFT’s Reservoir Pressure Maintenance System DevelopmentThu, 12 Jan 2017 00:00:00 GMTPJSC TATNEFT continues implementation of advanced technologies for reservoir pressure maintenance (RPM) aimed at reducing energy costs and increasing production efficiency. 2016 witnessed adoption of ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56642&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asSOCAR’s Budget Payments for December 2016Wed, 11 Jan 2017 00:00:00 GMTSOCAR paid AZN 129 million 56 thousand to the State Budget in December 2016 which is AZN 53 million 736 thousand (171,3%) more than the same period of 2015. For January-December 2016, SOCAR transferre...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56674&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_asRussia's Tuapse Oil Refinery Yet to Restart Main Unit After FireWed, 11 Jan 2017 00:00:00 GMTRussia's Tuapse oil refinery, which is owned by Rosneft, has yet to restart its sole primary processing CDU-12 unit after a pump was damaged by a fire on Wednesday, the energy ministry said. Plant off...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=56640&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_as