Oil and Petrochemicals
Fire at Smuggled Fuel Depot in Bam Extinguished
The fire at the smuggled petroleum products storage facility in Bam was extinguished with the presence of 100 firefighte...
Oil and Petrochemicals
Oil and Petrochemicals
BW Energy Secures $208 Million Financing for Offshore Platform
BW Energy is increasing its production capacity to 100,000 barrels per day with $208 million in financing. This financin...
Oil and Petrochemicals
Fire at Smuggled Fuel Depot in Brawat Bam Brought Under Control
The fire at the smuggled petroleum products storage site in Brawat Bam was extinguished with the presence of 100 firefig...
Oil and Petrochemicals
Navy identifies violating oil tanker in the east of the Strait of Hormuz
A violating oil tanker has caught fire in the east of the Strait of Hormuz. This incident occurred following identificat...
Oil and Petrochemicals
CMB.TECH has achieved the sale of another Suezmax tanker
CMB.TECH sold its fifth Suezmax tanker and made a profit of $59.6 million. This Belgian company continues to gradually r...
Oil and Petrochemicals
Increase in Iraq's Oil Exports to 2.7 Million Barrels
Iraq's oil exports have reached 2.7 million barrels per day. This increase has occurred following improvements in global...
Oil and Petrochemicals
Pertamina and Medco Acquire Part of Eni's Marine Assets in Indonesia
Pertamina increases its stake in Eni's marine projects in Indonesia by 10%. Medco also acquires a 10% non-operating stak...
Oil and Petrochemicals
Acting Minister of Oil: The gas capacity of South Pars will be restored by December
The Acting Minister of Oil announced that the lost gas capacity in South Pars will be restored by the end of December. T...
Oil and Petrochemicals
The oil tanker Sea Owl I released from Sweden after seven months
The oil tanker Sea Owl I, which was under European Union sanctions, has been released from Sweden after seven months due...
Oil and Petrochemicals
TotalEnergies Signs Pipe Supply Contract for the Absheron Gas Field in Azerbaijan
TotalEnergies awarded a supply contract for over 16,000 tons of pipe products to Vallourec for the Absheron gas field in...
Oil and Petrochemicals
Petros Panagiotidis Acquired a Stake in Volar Shipping Company
Petros Panagiotidis, through Robin Energy, acquired a portion of the shares of Volar and gained indirect access to the V...
Oil and Petrochemicals
Conrad Asia Energy Transfers Tanker Valaris 104 to Batam Port in Indonesia for Conversion to Floating Production Unit
Conrad Asia Energy has transferred the tanker Valaris 104 to Batam Port, Indonesia, to convert it into a Floating Produc...