Oil and Petrochemicals
Shell announces plan to double Canada's LNG export capacity
Shell has decided to double Canada's LNG export capacity, a move that will help increase the supply of liquefied natural...
Oil and Petrochemicals
Oil and Petrochemicals
Tsakos Energy Navigation Sells Its Oldest Tanker
Tsakos Energy Navigation has sold its oldest tanker, Andes, and raised $13 million in free capital through this action....
Oil and Petrochemicals
The Tanker Market is Influenced by Geopolitical Developments and Severe Fluctuations
The tanker market is changing due to geopolitical developments and severe fluctuations. Analysts warn about the future o...
Oil and Petrochemicals
Brent Oil Price Rises to $106 Following Donald Trump's Rejection of Iran's Peace Proposal
The price of Brent oil rose by 2% to $106 in trading on Monday. This increase is due to the rejection of Iran's peace pr...
Oil and Petrochemicals
Increase in Middle East Oil Exports Following Trump's Rejection of Iran's Peace Proposal
The increase in Middle East oil exports to 12.8 million barrels per day comes after Donald Trump's rejection of Iran's p...
Oil and Petrochemicals
Increase in Saudi Oil Exports from the Strait of Hormuz to 7.4 Million Barrels per Day
Saudi oil exports from the Strait of Hormuz reached 7.4 million barrels per day in September. This growth is due to incr...
Oil and Petrochemicals
40% Increase in Energy Consumption Intensity in Iran Over a Decade
Omid Shakri, Deputy Minister of Oil, announced a 40% increase in energy consumption intensity in Iran over the past deca...
Oil and Petrochemicals
Middle East Crude Oil Exports Reach Highest Level Since the Start of the War
Crude oil exports from Middle Eastern producers reached 12.8 million barrels per day in September. This figure is the hi...
Oil and Petrochemicals
Iran's Oil Sanctions and Rising Oil Prices After Trump's Rejection of Proposal
Following Donald Trump's rejection of Iran's proposal, oil prices increased. Meanwhile, gold fell below $4,200.
Oil and Petrochemicals
Facilitation of 22 Million Barrels of Oil Passage through the Strait of Hormuz Amid Sanctions
The volume of oil passing through the Strait of Hormuz has reached 22 million barrels. This amount is the highest volume...
Oil and Petrochemicals
Two detained oil tankers carrying Iranian oil on their way to America
At least two large oil tankers carrying Iranian oil are heading towards America. This development comes amid increasing...
Oil and Petrochemicals
Seizure of American Underwater Vehicle in the Strait of Hormuz and Its Impact on the Oil Market
The Navy of the Islamic Revolutionary Guard Corps has seized an American underwater vehicle in the Strait of Hormuz. Thi...