Oil and Petrochemicals
U.S. Crude and Brent Oil on an Upward Path
The price of U.S. crude and Brent oil increased at the end of trading on Wednesday, October 8, 1405. The significant ris...
Oil and Petrochemicals
Oil and Petrochemicals
Three Tankers Targeted in the Strait of Hormuz
Three tankers were targeted in attacks on September 29, 2026, in the Strait of Hormuz. This incident occurred as the vol...
Oil and Petrochemicals
Delays in Ship Refueling at Zhoushan Port, China Due to Supply Shortages
Ships at Zhoushan Port, China are facing significant delays in refueling due to the impacts of the US-Iran war. The wait...
Oil and Petrochemicals
Revival of the Iran LNG Project After 20 Years of Halt
The Iran LNG project, which had been halted due to sanctions and lack of investment, has once again returned to the impl...
Oil and Petrochemicals
Brent Crude Oil Above $100; New Developments in the Persian Gulf
The price of Brent crude oil reached above $100 in trading on Thursday. Improved oil exports from the Persian Gulf and t...
Oil and Petrochemicals
Vår Energi Acquires a Cargo from Pandion Energy
Vår Energi has strengthened its position on the shores of Norway by acquiring assets and licenses from Pandion Energy. T...
Oil and Petrochemicals
Seizure of Tugboat Carrying One Million and 800 Thousand Liters of Oil Derivatives in the Persian Gulf
The commander of the Hormozgan Border Guard announced the seizure of a tugboat carrying over one million and 800 thousan...
Oil and Petrochemicals
BOMESC Receives FPSO Module Construction Contract from SBM Offshore
BOMESC has signed a contract worth between 1.6 to 2.1 billion yuan with SBM Offshore for the construction of FPSO surfac...
Oil and Petrochemicals
COSCO Shipping Specialized Carriers Establishes 14 New Oil Tankers
COSCO Shipping Specialized Carriers continues to establish 14 new oil tankers of 60,000 dWT. This project includes const...
Oil and Petrochemicals
Seizure of a Violating Tugboat with One Million and 825 Thousand Liters of Oil Derivatives in Bandar Abbas
Coast guards of Bandar Abbas successfully seized a violating tugboat carrying one million and 825 thousand liters of oil...
Oil and Petrochemicals
Return of Oil Flow from the Middle East to Pre-War Levels Despite Ongoing Risks
Oil exports from the Middle East have reached 17.5 million barrels per day, equivalent to 98 percent of pre-war levels....
Oil and Petrochemicals
Iranian Oil Tanker Shipment Identified on Sanctions Route
A shipment from an Iranian oil tanker heading towards illegal destinations has been identified, with more details about...