Hurricane Isaias has led to the shutdown of 60 percent of oil and gas production in the Gulf of Mexico. 121 production p...
The U.S. Department of the Treasury has sanctioned 17 oil tankers due to their role in transporting Iranian oil and petr...
Mahdi Masali, Secretary of the Iranian Electricity Industry Syndicate, warned about the financial crisis and shortage of...
The US and UK are applying more pressure on Iran and Russia with new sanctions. These measures specifically target Iran'...
Saudi Arabia is in talks with customers to provide oil loadings next year outside the Strait of Hormuz. This move aims t...
A shipment from an Iranian oil tanker has been identified as passing through sanctioned routes. This event could have ne...
Hurricane Isaias has led to a halt of 1.28 million barrels per day of oil production in the Gulf of Mexico. This storm p...
The concentration of over 40% of the world's large tankers in the Persian Gulf has led to increased oil transportation c...
Tankers are facing increased risks of attacks and threats in the Strait of Hormuz. Iran has recently announced that it w...
The U.S. Department of the Treasury has sanctioned 17 Iranian ships and companies due to the transfer of oil and petrole...
Yinson Production successfully secured $1.458 billion for its first FPSO project outside Brazil, contributing to the exp...
The tanker Acers was targeted by several missiles off the coast of Qatar on October 7, resulting in casualties. This inc...