fuels
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Oil Extends Losses as Stockpiles Rise Amid Weakening Demand
EghtesadOnline: Oil prices fell for a second day on Friday, pressured by a surprise rise in US stockpiles as the coronavirus pandemic continues to erode demand for fuels.
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Exxon Delays Key Refinery Expansion
EghtesadOnline: Exxon will postpone the start of expansion works at its Beaumont refinery in Texas because of still slow demand for fuels, Bloomberg reported, citing unnamed sources familiar…
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IRISL Struggling to Comply With IMO’s Low-Sulphur Regulations
EghtesadOnline: Iran's shipping fleet requires at least 40,000 tons of low-sulphur fuels per month to comply with the International Maritime Organization’s new regulations demanding a 0.5% global…
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Iranian Refineries Prepare for Supplying IMO-Compliant Shipping Fuel
EghtesadOnline: To help improve the quality of low-sulphur fuels and its compliance with the International Maritime Organization’s new rules (sulphur content no more than 0.5%) took effect on…
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DoE Blames Gasoline, Diesel Quality for Air Pollution
EghtesadOnline: A study conducted by the Department of Environment on gasoline and diesel quality indicates both fuels sold in the country contain dangerous chemicals above acceptable standards,…
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Rouhani Says Energy Sector Is Self-Reliant
EghtesadOnline: President Hassan Rouhani said Sunday the country has become self-sufficient in the production of natural gas, gasoline and diesel and has started exporting the three fuels.