(AETOS Wire)-- ExxonMobil said today that it is providing $300,000 to aid agencies to support disaster relief and recovery efforts in Mozambique following Cyclone Idai, which made landfall on March 14. Of this amount, $250,000 will be contributed to the American Red Cross for ongoing rescue efforts and for food, shelter and comfort for the storm’s victims. ExxonMobil’s affiliate ExxonMobil Moçambique Limitada will contribute another $50,000 to organizations operating in Mozambique that are assisting the government with disaster relief efforts. “We are deeply saddened by the impact of Cyclone Idai on Mozambique and surrounding countries,” said Darren W. Woods, ExxonMobil chairman and chief executive officer. “The devastation has been widespread, and this funding will help provide relief during a difficult time. Our thoughts are with everyone affected.”......

S ome 50% of Iran’s 'non-oil' exports actually consist of petroleum-based products and petrochemicals that either directly or indirectly come from the oil industry.

Latest statistics provided by the Islamic Republic of Iran Customs Administration shows overall 'non-oil' exports hit 105.9 million tons worth $40.07 billion during the 11 months to Feb. 19 to register a 6.36% decrease in weight and a 0.74% decline in value year-on-year.

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TEHRAN, Mar. 19 (MNA) – South Korea's imports of Iranian crude oil more than quadrupled in February from a month ago, nearing a level before US sanctions on Tehran.

According to South Korean news agency Yonhap, Seoul imported US$476 million worth of crude from Tehran last month.

The figure, obtained from the data from the Korea Customs Service, is more than four"...

M alaysia exported 566.618 tons of palm oil products worth more than $380.58 million to Iran in 2018, which shows a 6.8% and 23.6% decline in weight and value respectively compared with the previous year.

The imports included 487,923 tons of palm oil valued at $288.54 million, 19,066 tons of palm kernel oil worth $26.23 million, 38,666 tons of oleochemicals worth $43.1 million and 20,961 tons of other palm-oil-derived products worth $22.7 million,"...

TEHRAN, Mar. 17 (MNA) – Iranian Oil Minister Bijan Namdar Zangeneh said the country’s petrochemical production capacity would reach 92 million metric tons per year by 2021.

Addressing a ceremony to officially launch phases 13 and 22-24 of the major joint gas field, held in the presence of the Iranian President Hassan Rouhani in the southern city of Assaluyeh on Sunday, Zangeneh said Iran’s petrochemical production capacity stood"...

TEHRAN, Mar. 17 (MNA) – Oil Minister Bijan Namdar Zanganeh says Iran has started exporting gasoline in small quantities, adding that plans are high on the agenda to send bigger amounts of the strategic item to the international markets in the next fiscal (starts March 21).

“Gasoline exports have started in small quantities, but we are currently trying to store the fuel and boost our inventories… We will put gasoline exports high"...

TEHRAN, Mar. 13 (MNA) – Chief Executive of Petrochemical Research and Technology Company (PRTC) Ali Pajouhan said on Wed. that Islamic Republic of Iran managed to break the monopoly of producing SAC500 catalyst which was earlier manufactured by a few number of countries in the world.

For the first time in the country, SAC500 catalyst has been put into operation for the production of heavy polyethylene pipe (PE100), he said, adding, “the"...

TEHRAN, Mar. 13 (MNA) –President Hassan Rouhani will officially inaugurate gas refinery of South Pars Gas Field’s phases 13 and that of phases 22-24 on Sunday to take a major step forward in completion of the mega project’s development.

Each of the two intended refineries has the daily capacity of 56 mcm for sweetening gas.

As reported, a consortium of"...

TEHRAN (FNA)- The CEO of the National Iranian South Oil Company (NISOC) said the company was planning to carry out 6 contract packages with Rls. 50,000 billion of credits by Masjed Soleiman Oil and Gas Production Company.

According to NISOC, Ahmad Mohammadi said the contracts concerned production enhancement and maintenance of 27 oilfields in a matter of two years.

The"...

TEHRAN- The project for development of Yaran Oilfield was studied by National Iranian Oil Company (NIOC) on Saturday, ILNA reported.

The plan which was submitted previously was investigated in the 62nd meeting of NIOC’s oil and gas reserves management consultants.

Yaran is one of the five oilfields known as West Karoun oilfields which Iran shares with Iraq at the"...