Oil and Petrochemicals
Saudi Arabia is repairing the East to West oil pipeline
Saudi Arabia is repairing this vital energy artery after a temporary halt in oil pumping due to an incident on the pipel...
Oil and Petrochemicals
Oil and Petrochemicals
Advantage Tankers Orders Four MR Tankers in Guangzhou
Advantage Tankers has ordered four MR tankers from Guangzhou Shipyard International. The delivery of these tankers is sc...
Oil and Petrochemicals
ADES Purchases a Shipment of 5 Jack-Up Barges from Saipem in Saudi Arabia
ADES Saudi Limited Company has purchased a shipment of five jack-up barges from Saipem in Saudi Arabia. This deal streng...
Oil and Petrochemicals
Hamid Al-Naimi: The Strait of Hormuz Crisis Will Soon Come to an End
The CEO of Oman LNG announced that the crisis in the Strait of Hormuz will soon be resolved. This Omani official referre...
Oil and Petrochemicals
Analysis of Oil Tanker Cargoes on Sanctioned Routes
A new analysis shows that oil tanker cargoes continue their activities by changing sanctioned routes. These changes occu...
Oil and Petrochemicals
Saipem Signs $350 Million Contract in Angola
Saipem has received a new contract worth approximately $350 million for a project in Angola. This contract includes the...
Oil and Petrochemicals
New Sanctions on Oil Tankers in the Path of Iran's Oil Exports
Oil tankers are facing serious challenges in the path of Iran's oil exports due to sanctions. This situation has widespr...
Oil and Petrochemicals
Borr Drilling Transfers Control of Three Drilling Rigs to Mexican Partner
Borr Drilling has transferred 51% of its shares in two Mexican companies to a local partner through definitive agreement...
Oil and Petrochemicals
Direct Electricity Imports for Petrochemical Industries from Neighboring Countries Have Begun
The Ministry of Energy has facilitated direct electricity imports for petrochemical industries. This action aims to redu...
Oil and Petrochemicals
The Director of the Eighth Refinery of South Pars Announced the Return to Production Cycle
The director of the eighth refinery of the South Pars gas complex announced the completion of major repairs and the retu...
Oil and Petrochemicals
Iranian Oil Tanker Loaded Oil Cargo Amid Sanctions
An Iranian oil tanker loaded a shipment of oil on September 15, 2026, and is currently heading towards an unspecified de...
Oil and Petrochemicals
36 Million Tons of Middle Eastern LNG Exit Global Market by Shell
The escalation of military tensions and disruption of LNG shipments through the Strait of Hormuz has removed 36 million...