Oil and Petrochemicals
Borr Drilling Signs New Contracts in Africa and Europe
Borr Drilling has expanded its operations by signing new contracts for three drilling rigs in Africa and Europe. These c...
Latest News in English
Oil and Petrochemicals
Precious Shipping's Progress in Charter Contracts with Asyad Shipping
Precious Shipping has signed a 12 to 14-month charter contract with Asyad Shipping for the tanker Rossarin Naree. This c...
Oil and Petrochemicals
U.S. Propane Exports Reach 2 Million Barrels Per Day
U.S. propane exports reached a record 2 million barrels per day in the first half of 2026. This increase is due to high...
Oil and Petrochemicals
Inpex Becomes Owner of 50 Percent of Two Exploration Blocks off the Coast of Indonesia
Inpex has expanded its exploration activities by acquiring 50 percent of the two exploration blocks Agung I and Agung II...
Oil and Petrochemicals
Torm Sells Old Oil Tanker to Seacon Shipping Group
Torm Shipping Group sold one of its oldest oil tankers, named Torm Laura, to Seacon Shipping Group of China for $22.5 mi...
Oil and Petrochemicals
Sale of the Tankers RTM Dias and RTM Flinders by Rio Tinto
Rio Tinto recently sold its two tankers named RTM Dias and RTM Flinders for $42.8 million. These vessels are part of the...
Economy
The capacity of the LNG terminal in the Netherlands increased to 20 billion cubic meters
The LNG Gate terminal in Rotterdam has increased its capacity to 20 billion cubic meters per year with the construction...
Oil and Petrochemicals
EnerMech Extends Its Contract with Chevron Australia Until 2031
EnerMech has extended its contract with Chevron Australia for another five years. This contract will include asset inspe...
Oil and Petrochemicals
Akrotiri Tankers Places Second Suezmax Order
Akrotiri Tankers has recently placed its second order for a Suezmax tanker worth $84.4 million. This new tanker is sched...
Economy
Deputy Minister of Industry: Industry Should Be the Last Sector Subject to Restrictions
The Deputy Minister of Industry, Mine and Trade spoke about the necessity of supporting the production sector under econ...
Oil and Petrochemicals
Imperial Petroleum sold the Suez Protopia tanker for $82 million
Imperial Petroleum has sold the Suez Protopia tanker for $82 million and has completely exited the Suezmax sector. The c...
Oil and Petrochemicals
Eurotankers sold its tanker cargo for 60 million dollars
The company Eurotankers sold its LR2 tanker for 60 million dollars. This sale reflects the ongoing trend of selling olde...