Oil and Petrochemicals
IRGC Targets 7 Violating Oil Tankers in the Strait of Hormuz
The naval force of the Islamic Revolutionary Guard Corps has targeted at least seven violating oil tankers in the Strait...
Oil and Petrochemicals
Oil and Petrochemicals
LNG Price Drops in Rotterdam to $1420 per Ton
The LNG price in Rotterdam has decreased for the second consecutive week, reaching $1420 per ton. This price drop is inf...
Oil and Petrochemicals
India Will Not Abandon Russian Oil Despite 100% Tariff Threat
India, as the second largest importer of Russian crude oil, will continue to purchase Russian oil despite the heavy tari...
Oil and Petrochemicals
Greenland Energy Extends Drilling Deadlines for Jameson Land Field to 2028
Greenland Energy has extended the drilling deadlines for two exploratory wells in the Jameson Land field located in east...
Oil and Petrochemicals
20% Increase in LPG Production in India Following the Closure of the Strait of Hormuz
The production of liquefied petroleum gas (LPG) in India reached 44,000 tons per day, marking a 20% increase compared to...
Oil and Petrochemicals
Iron ore exports from Port Hedland increased by 5 percent in August
Iron ore exports from Port Hedland in August 2026 reached 46.6 million tons, reflecting a 5 percent increase compared to...
Oil and Petrochemicals
Iraq: Planning to Increase Oil Production Share to 6 Million Barrels
Iraq is striving to reach its oil production targets of 6 million barrels per day, a move that could impact the global o...
Oil and Petrochemicals
The $1 Billion Merger of Energy Holdings and Ventura Offshore on the Energy Horizon
Energy Holdings and Ventura Offshore are seeking to create a marine energy services group valued at $1 billion by signin...
Oil and Petrochemicals
Appointment of a Board Member of the Petrochemical Complex by PCC
A board member has been appointed on behalf of PCC to one of the largest petrochemical complexes in the country. This ap...