Tag: crisis
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Operation of the Iranian oil refinery on this date.. Will the fuel crisis be solved?
Tehran announced its intention to operate the new Iranian oil refinery by next year (2024), in light of a severe crisis hitting the country due to its inability to meet the growing demand for gasoline. The company responsible for building the “Mehre Al-Khaleej” refinery stated that it is scheduled to be launched with about 120,000…
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Savannah Energy and ExxonMobil cause a diplomatic crisis between Chad and Cameroon
The British company Savannah Energy and the American Exxon Mobil caused a diplomatic crisis between Chad and Cameroon, due to a controversial acquisition deal between the companies and officials of the two countries. And the Chadian government announced the recall of its ambassador to Cameroon, claiming that officials from the neighboring country interfered in its…
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The diesel shortage crisis in Iran…causes and solutions (article)
Read in this article In recent years, the country’s domestic demand for diesel has grown rapidly Liquefied petroleum gas, fuel oil and gasoline accounted for about 74% of the total exports of petroleum products Over the past 5 years, Iran has exported gasoline and diesel, earning about $3 billion annually. The country’s crude oil production…
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Associate Director of"faw": The Safer oil tanker crisis will be resolved by the restoration of Saudi-Iranian relations
It seems that the Safer oil tanker crisis will witness a breakthrough after Saudi Arabia and Iran reached a meeting point and agreed to resume diplomatic relations. The Assistant Director-General of the Food and Agriculture Organization of the United Nations (FAO), Regional Representative for the Near East and North Africa, Dr. Abdul Hakim Al-Waer, expected…
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Crisis in the oil and gas sector in Iran within months (article)
Read in this article • Iran has traditionally relied on oil and gas to meet most of its energy needs • There is an increasing demand for renewable energy sources, such as solar energy and wind energy • Iran’s over-reliance on oil and gas exports is a major concern • The government needs to develop…
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Mexican Pemex is preparing to get out of the debt crisis in 2023
The debts of the Mexican oil company “Pemex” constitute a heavy burden after the Ministry of Finance stopped paying them, since the second half of (2022), but this year may witness a breakthrough, in light of its benefit from the gains in oil prices. The company is studying the available options for how to pay,…
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The Safer reservoir crisis off the coast of Yemen is approaching a solution under the auspices of the United Nations
The Safer tanker crisis off the coast of Yemen is approaching writing the end chapter, in conjunction with the conclusion of the United Nations agreement to purchase a giant oil tanker for use in storing oil. The rickety reservoir, which has been stranded since 2015 and is moored off the port of Ras Isa on…
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The energy crisis forces the largest chemical complex in the world to lay off 2,600 workers
The energy crisis, which hit Europe in 2022 against the backdrop of the Russian-Ukrainian war, cast a shadow over the world’s largest chemical complex. The German company, BASF, revealed a plan to cut 2,600 jobs and reduce production in Germany. Europe’s largest chemical producer is preparing for a future without cheap Russian gas, according to…
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The fuel crisis in Pakistan is flaring up…and the stations involved are pursued with deterrent measures
In an effort to control the fuel shortage crisis in Pakistan, the federal government has issued a package of new decisions that will tighten the state’s grip on manipulators of the country’s supplies of oil derivatives. The federal government directed the competent authorities and law enforcement officials in the country to arrest anyone who is…
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The US oil sector awaits a breakthrough in the complex permit crisis before the presidential elections (report)
The US oil sector hopes to resolve the complex bureaucratic permitting crisis that is hindering infrastructure work for new projects in the sector from launching during 2023, after years of unsuccessful pressure. Lobbyists in the oil and gas sector in the United States are exerting strong pressure on members of the US Congress to pass…