World
China Deploys Naval Forces to Monitor US Warship in the South China Sea
China reacted by sending naval forces to monitor the USS Charleston, which it claims has illegally entered disputed wate...
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Oil and Petrochemicals
Sundagas Revives the Chuditch Gas Project in Timor-Leste with a 12-Month Extension
Sundagas has kept hopes alive for the Chuditch project by receiving a 12-month extension for exploration licenses. This...
Exclusive Report
Masoud Pezeshkian: One Thousand Fuel Tankers Leave the Country Daily
The head of the Energy Commission of the Iran Chamber of Commerce announced that 20 million liters of fuel are transferr...
Oil and Petrochemicals
Oil Tanker Fire in the Strait of Hormuz Reported by the Islamic Republic Army
The Islamic Republic Army has reported a fire on an oil tanker in the Strait of Hormuz. This incident is related to the...
Technology
Inauguration of the First HVDC Undersea Cable Factory in Britain by Sumitomo Electric
The HVDC undersea cable factory of Sumitomo Electric was inaugurated in the Port of Nigg, Scotland, with an investment o...
Oil and Petrochemicals
Maritime Trade on Russia's Northern Route Sets New Records
Maritime trade on Russia's Northern Route has broken last year's record by registering 104 transits as of September 30,...
Economy
Asia's LNG Price Rises to $30.4 per Million BTU
The spot price of liquefied natural gas (LNG) in the Asian market reached its highest level since December 2022. This in...
Oil and Petrochemicals
Reduction of Sanctions on Shadow Tankers to Facilitate Oil Transportation
The United States government has decided to reduce sanctions against shadow tankers to lower the cost of oil transportat...
Economy
Farshad Ebrahimpour Emphasized the Impact of Closing the Strait of Hormuz on the U.S. Economy
Farshad Ebrahimpour, a member of the Islamic Consultative Assembly, emphasized the importance of controlling oil flow an...
Analysis
The Trump Administration Calls for a Review of the Approval for the Construction and Operation of Maryland's Offshore Wind Project
The U.S. Department of Justice has filed a request for a review of the approval for Maryland's offshore wind project in...
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...
Revelation
Ukraine Charges Tanker Captain Accused of Grain Theft
Ukraine has charged a Russian captain for his role in transporting stolen grain from Crimea. This is the first time such...