Oil and Petrochemicals
Oil tanker hit by projectile in the Strait of Hormuz
An oil tanker was targeted by a projectile in the Strait of Hormuz, damaging its engine room. The crew of this oil tanke...
Oil and Petrochemicals
Oil and Petrochemicals
China Bans Diesel Exports to Outside Hong Kong and Macau
China announced that diesel exports to markets outside Hong Kong and Macau have been halted. This decision comes in ligh...
Oil and Petrochemicals
Trump Announces $200 Billion South Korean Investment in Alaska LNG Project
The U.S. government announced plans for a $200 billion South Korean investment in the Alaska LNG project, while more det...
Oil and Petrochemicals
Mohsen Paknejad, Minister of Oil of the Islamic Republic, Resigned from His Position
Mohsen Paknejad, the Minister of Oil of the Islamic Republic, resigned from his position as economic pressures and sanct...
Oil and Petrochemicals
Oil Tanker Shipment Under Sanctions on Route from Iran to China
An oil tanker carrying Iranian oil is heading towards China despite international sanctions. This tanker has recently st...
Oil and Petrochemicals
U.S. Treasury Secretary: Iran's Oil Shipments Will Reach Zero
The U.S. Treasury Secretary announced that Iranian tankers will have no oil shipments at sea by the end of the week. Thi...
Oil and Petrochemicals
Nikzad: The Return of the Fourth Refinery of South Pars to Production
Ali Nikzad announced the return of the fourth refinery of South Pars to production and emphasized the importance of ener...
Oil and Petrochemicals
CEO of Iraq's Oil Tanker Company: We Passed Two Million Barrels of Oil Through the Strait of Hormuz
The CEO of Iraq's Oil Tanker Company announced the passage of two million barrels of oil through the Strait of Hormuz. A...
Oil and Petrochemicals
Yemen Attacks Target Aramco Oil Tanks in Riyadh
The attacks by Yemeni armed forces on the Aramco refinery in Riyadh have resulted in a fire in the fuel tanks of this fa...
Oil and Petrochemicals
Increase in Daily Production of 28 Million Cubic Meters of Gas in Phase 11 of South Pars
The completion of the twelfth well in Phase 11 of South Pars has raised gas extraction capacity to one billion cubic fee...
Oil and Petrochemicals
Explosion at MRPL refinery in India caused disruption in 15 million ton capacity
The explosion at the MRPL refinery in India disrupted the 15 million ton capacity of this refinery. This incident will h...
Oil and Petrochemicals
Increase in Oil Exports from Gulf Countries and Decrease in Iran's Share in the Strait of Hormuz
In September 2023, oil exports from the Arab Gulf countries reached pre-war levels, while Iran's exports have decreased...