Oil and Petrochemicals
The U.S. Government Issues License for Use of Sanctioned Tankers
The U.S. government has issued a license for the use of sanctioned tankers to transport non-sanctioned oil. This action...
Oil and Petrochemicals
Oil and Petrochemicals
Daily Income of $400 Million for Independent Tanker Owners in 2026
Independent tanker owners will earn an average of $400 million daily in 2026, exceeding their initial forecasts. This fi...
Oil and Petrochemicals
Tankers on the Sanction Route; New Oil Shipments from Iran on Specific Dates
A new analysis of Iran's oil shipments shows that new routes have been adopted to circumvent sanctions. The dates and de...
Oil and Petrochemicals
The Violating Oil Tanker Collided with a Mine in the South of the Strait of Hormuz
A violating oil tanker, in an attempt to pass through an unauthorized route, collided with a sea mine in the south of th...
Oil and Petrochemicals
Iran's Foreign Minister: The Proposal to Reopen the Strait of Hormuz is Still on the Table
Iran's Foreign Minister, Abbas Araghchi, announced that Iran's proposal to reopen the Strait of Hormuz within seven days...
Oil and Petrochemicals
Major Repairs at Parsian Refinery for Sustainable Gas Supply in Winter
Parsian Gas Refinery is planning major repairs to ensure a sustainable gas supply during the cold months of the year. Th...
Oil and Petrochemicals
Russia's Diesel Exports to the U.S. Will Begin After Contracts Are Signed
Russia's diesel exports to the U.S. will begin 15 to 20 days after contracts are signed. This indicates new developments...
Oil and Petrochemicals
100% Increase in Oil Production at Karun Oil and Gas Operating Company
Karun Oil and Gas Operating Company has increased its oil production by 100% in the first half of this year. The company...
Oil and Petrochemicals
Iran's Oil Industry Reaches Production Record of 3.715 Million Barrels Per Day
Iran's oil industry set a new record in Mehr 1405 with an increase in production to 3.715 million barrels, achieved unde...
Oil and Petrochemicals
Increase in Iran's Oil Production Capacity to 3.715 Million Barrels in October 2026
Iran's daily crude oil production capacity reached 3.715 million barrels in October 2026, indicating a growth of 285,000...
Oil and Petrochemicals
Easing Sanctions on Shadow Fleet Tankers Directly Affects Iran's Foreign Revenues
Easing sanctions on shadow fleet tankers by the Trump administration could have a significant impact on foreign revenues...
Oil and Petrochemicals
International Seaways Expands Tanker Fleet Through Merger with Bruton
International Seaways has signed agreements to acquire Bruton Limited for approximately $370 million. The deal includes...