Oil and Petrochemicals
Signing of €11 Million Contract Between RINA and Petrobras for Subsea Engineering
RINA has signed a three-year contract worth €11 million with Petrobras for subsea engineering projects. This contract in...
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Analysis
Signing of a Memorandum of Understanding between Everllence and Babcock to Support the Future Arrowhead 140 Program
Everllence and Babcock International Group signed a memorandum of understanding to explore strategic collaborations. Thi...
Economy
Maersk Orders 26 Dual-Fuel Tankers with a Capacity of Nearly 484,000 TEU
Maersk announced in its third-quarter report that it has ordered 26 dual-fuel tankers with a total capacity of nearly 48...
Oil and Petrochemicals
Implementation of the Free Fuel Card Transaction Identification Plan to Combat Smuggling
The Free Fuel Card Transaction Identification Plan has been implemented to prevent fuel smuggling and off-network distri...
Economy
Hedayatollah Khademi: The 400 Million Cubic Meter Decrease in Gas Production is Worrisome
Hedayatollah Khademi warned about the gas imbalance and the challenges of fuel supply for power plants in winter, descri...
Analysis
Hedayatollah Khadami: Qatar is Years Ahead of Iran in Extracting from South Pars
Hedayatollah Khadami pointed to the gas imbalance and reduction in gas production in Iran, describing the situation of t...
Oil and Petrochemicals
Excelerate and AxDo Sign 11-Year LNG Supply Agreement for Bahamas
Excelerate Energy and AxDo Bahamas have signed an 11-year LNG supply agreement for the development of the Bahamas LNG hu...
Oil and Petrochemicals
Velesto Energy Signs New Drilling Contract with Petronas Carigali
Velesto Energy will commence drilling operations in Malaysian waters by signing a new contract with Petronas Carigali. T...
Analysis
Hidden Dangers in Maritime Buying and Selling, Especially During Sanctions
Maritime buying and selling, especially under sanctions, comes with hidden dangers and specific complexities. Identifyin...
Oil and Petrochemicals
Aker BP Signs Development Contract for the Lyra Oil Field with OneSubsea
Aker BP has signed a development contract for the Lyra oil field in collaboration with OneSubsea, aiming for oil product...
World
Arsenio Dominguez Appointed for a Second Term as IMO President
Arsenio Dominguez has been appointed as the Secretary-General of the International Maritime Organization (IMO) for his s...
Oil and Petrochemicals
Reduction in Gasoline Production at Refineries in Favor of Mid-Distillates in 2026
Gasoline production at U.S. refineries has decreased due to the high profit margins of mid-distillates. This shift in pr...