Economy
HD Hyundai and Kiewit's Development Plan in the American Shipbuilding Industry
HD Hyundai, along with Kiewit, is planning to build a new shipyard in the United States. This project is part of South K...
Latest News in English
Analysis
Increase in Steel Production Costs Due to Gas Supply Instability in Winter
Increasing geopolitical tensions and disruptions in LNG supply are affecting the cost of steel production in Iran. The o...
Oil and Petrochemicals
Hamid Bord Increased Iran's Daily Oil Production Capacity to 3.7 Million Barrels
Iran's daily oil production capacity has increased to 3.715 million barrels in October 2026. This increase is due to new...
Oil and Petrochemicals
Iranian Oil Tanker Shipment on a Sanctioned Route to an Unknown Destination
A shipment from an Iranian oil tanker is moving towards an unknown destination. These movements occur under the conditio...
Oil and Petrochemicals
Yinson Production Extracts First Oil from FSO PTSC Lac Da Vang Unit in Vietnam
Yinson Production extracted the first oil from the floating storage unit FSO PTSC Lac Da Vang in the Lac Da Vang field i...
Oil and Petrochemicals
Norway's DOF Group is selling its underwater construction vessel
Norway's DOF Group has decided to sell its underwater construction vessel named Skandi Implementer. The vessel was built...
Oil and Petrochemicals
New Natural Gas Discovery by Oil India Limited in Matsyapuri Field
Oil India Limited has increased its offshore reserves with a new natural gas discovery in the Matsyapuri field in the Kr...
Oil and Petrochemicals
Prima Energy Acquires Shares of Jadestone Energy
Prima Energy has expanded its presence in the Southeast Asian oil and gas industry by acquiring 28.3% of Jadestone Energ...
Technology
Prysmian's new tanker named Alessandro Volta has begun sea trials
Prysmian's new tanker named Alessandro Volta has started its sea trials after completing construction in Norway. This ta...
Oil and Petrochemicals
South Korea's Sinokor Group Dominated Oil Transfers in the Strait of Hormuz in September
Sinokor Group had the largest share of oil from the Strait of Hormuz in September, transferring 105.6 million barrels of...
Technology
Petronas, TotalEnergies, and Mitsui are Developing a CO2 Storage Area in Malaysia
Petronas, TotalEnergies, and Mitsui have signed an agreement to develop a CO2 storage area on the shores of Malaysia. Th...
Technology
OEG Marine Services Orders Three New Crew Transfer Vessels from Diverse Marine
OEG Marine Services has ordered three crew transfer vessels from Diverse Marine to expand its renewable energy fleet. Th...