Oil and Petrochemicals
Wang Qi Feng Appointed as New CEO of PIL
Wang Qi Feng has been appointed as the new CEO of Pacific International Lines (PIL). This management change will take ef...
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Oil and Petrochemicals
Saipem and Subsea7 Receive Merger Approval from Brazil
Saipem and Subsea7 have taken an important step towards their merger by receiving approval from Brazil's antitrust autho...
Exclusive Report
Gholamali Haddad Adel: Neo-colonialism has failed in Iran
Gholamali Haddad Adel reflected on the history of colonialism in Iran on the National Day of Struggle Against Global Arr...
Rent and Money Laundering
Fuel Smuggler Sentenced in Divandere to 33 Billion Rials in Fines
A fuel smuggler in Divandere was sentenced to pay 33 billion rials in fines for transporting 15,300 liters of diesel. Th...
Economy
A 20% Reduction in Gas Consumption in Alborz is Essential to Get Through Winter
The CEO of the Alborz Gas Company announced that a 20% reduction in gas consumption this winter is mandatory. This actio...
Oil and Petrochemicals
United Arab Emirates is considering the construction of a third oil pipeline
The United Arab Emirates is examining the construction of a third crude oil pipeline for exporting oil without passing t...
Economy
Mohammad Jafar Ghaemian: The Strait of Hormuz is Iran's Strategic Capacity in Energy Trade
Mohammad Jafar Ghaemian, the Executive Vice President, referred to the importance of the Strait of Hormuz in global trad...
Oil and Petrochemicals
The oil tanker with a crude oil cargo is heading towards an unknown destination
The oil tanker carrying a crude oil cargo is moving towards an unknown destination, which appears to be affected by sanc...
Economy
Maersk Revises Its Profit Forecast Due to Increased Demand and High Freight Rates
Maersk has updated its profit forecast for the current year due to increased demand and high freight rates. The company...
Oil and Petrochemicals
The Sanction of the Oil Shipment of the 'Aurel' Tanker on October 17, 2023
The oil shipment of the 'Aurel' tanker changed course on October 17, 2023, due to sanctions. This action reflects intern...
Oil and Petrochemicals
South Korea Expands Its Naval Patrols Near Oman
South Korea is expanding its naval patrols to waters near Oman to combat the rise in piracy. This decision has been made...
Exclusive Report
The CEO of Alborz Power Distribution Company Warned About Energy Imbalance
The CEO of Alborz Power Distribution Company announced the necessity of a 20% reduction in gas consumption and electrici...