Oil and Petrochemicals
Oil Shipment on New Route to Russia After Recent Sanctions
Tankers heading towards Russia are under new sanctions and are changing their routes. These changes occurred on 2023/10/...
Oil and Petrochemicals
Oil and Petrochemicals
Increase in Tanker Transportation Rates Has Led to Oil Accumulation in America
High tanker transportation rates have caused heavy oil accumulation in America and limited exports. These changes have i...
Oil and Petrochemicals
Brent oil price reached $105.42
On October 13, 2023, the price of Brent oil fell by 0.6% to $105.42 per barrel. This price is the highest weekly level r...
Oil and Petrochemicals
Notification of Mohammad Reza Aref's Resolution on Pricing of Oil Feedstock and Products
Mohammad Reza Aref, the First Vice President, has issued a new resolution regarding the calculation of the price of deli...
Oil and Petrochemicals
Implementation of the New Fuel Card Plan with Bank Authentication in Iran
The new fuel card plan is being implemented in Iran with the aim of monitoring consumption and preventing off-network fu...
Oil and Petrochemicals
Sweden released the oil tanker Sea Owl 1 after seven months
Sweden has released the Chinese oil tanker Sea Owl 1, which had been detained for seven months. The tanker was examined...
Oil and Petrochemicals
Closure of the Strait of Hormuz and Surge in Brent Oil Prices to Highest Level
The closure of the Strait of Hormuz by Iran has led to a significant increase in Brent oil prices and a shortage of oil...
Oil and Petrochemicals
An Oil Tanker Carrying Iranian Oil Identified on an Unconventional Route
An oil tanker carrying a shipment of Iranian oil has been identified on an unconventional route. These developments have...
Oil and Petrochemicals
Surge in Transportation Costs Disrupts U.S. Oil Exports
Rising maritime transportation costs and refinery capacity constraints have led to a decrease in U.S. oil exports and a...
Oil and Petrochemicals
Honoring 5 Firefighters of Marjan Petrochemical for Their Performance in the South Pars Incident
Five firefighters of Marjan Petrochemical were honored for their efforts in managing the crisis conditions in South Pars...
Oil and Petrochemicals
The Sanctioned Ship Sea Owl 1 Released from Sweden After Seven Months of Detention
The sanctioned ship Sea Owl 1 has been allowed to leave Sweden after seven months of detention due to the legal confirma...
Oil and Petrochemicals
Italy's Eni Announces Sale of Gas Assets in Indonesia
The Italian company Eni has sold 10% of its gas assets in Indonesia to Pertamina and Medco. These transactions include p...