Oil and Petrochemicals
The cost of transporting oil from the Persian Gulf to Asia has exceeded $37
The cost of transporting crude oil from the Persian Gulf to Asia has risen to over $37 per barrel. This figure is more t...
Oil and Petrochemicals
Oil and Petrochemicals
Quadrilateral Agreement Signed for the Sustainability of Petrochemical Production in Masjed Soleyman
Saba Energy Holding, Heyrbad Power Holding, Masjed Soleyman Petrochemical Industries Company, and Sarvestan Gas Refining...
Oil and Petrochemicals
Seizure of Tanker Carrying 45,000 Liters of Smuggled Fuel in Minab
A tanker carrying 45,000 liters of smuggled fuel was seized in Minab County. The monetary value of this shipment is esti...
Oil and Petrochemicals
Progress of Australian Gas Projects and Competition with Global Markets
Woodside has highlighted advancements in three major gas projects in the waters off Western Australia, Mexico, and the G...
Oil and Petrochemicals
Drilling Operations at the Yemen Field in Oman to Begin Production in November 2026
Masirah Oil Limited has started drilling operations at the Yemen field, and oil production from this field is expected t...
Oil and Petrochemicals
Jefferies Investment Bank Predicts Increase in Tanker Revenues
Jefferies Investment Bank has predicted that tanker revenues will rise in the coming years due to geopolitical instabili...
Oil and Petrochemicals
Sanctions Have Affected the Routes of Russian Oil Tankers
International sanctions against Russia have had significant impacts on the routes of oil tankers and oil shipments from...
Oil and Petrochemicals
BP and TechnipFMC Agreement to Supply 20,000 Subsea Tree Systems in the Gulf of America
BP has signed an agreement with TechnipFMC to supply 20,000 subsea tree systems for its projects in the Gulf of America....
Oil and Petrochemicals
NSTA Grants Development License for Jackdaw Gas Field to Adura
NSTA has granted the development license for the Jackdaw gas field to Adura after environmental reviews. This project wi...
Oil and Petrochemicals
Sanction on an Iranian Oil Shipment in the Persian Gulf
An Iranian oil shipment was stopped in the Persian Gulf due to sanctions. This action is another indication of the impac...
Oil and Petrochemicals
Russian tanker carrying 40,000 tons of diesel heads to the U.S.
The Deputy Prime Minister of Russia announced that the first tanker carrying 40,000 tons of Russian diesel will set sail...
Oil and Petrochemicals
Isfahan Road Maintenance Director: Data Analysis is Effective in Identifying Fuel Smuggling
The director of road maintenance and transportation in Isfahan province emphasized the importance of transportation data...