Oil and Petrochemicals
Refineries Await New Feed Pricing Changes
Refinery symbols were suspended from October 3rd, and with the issuance of the government's new resolution, changes in f...
Oil and Petrochemicals
Oil and Petrochemicals
Decrease in Brent and West Texas Crude Oil Prices Following Trump's Agreement with Russia
The price of Brent and West Texas crude oil reached $105.49 and $92.49, respectively. The new agreement between the U.S....
Oil and Petrochemicals
Development of Oil Rail Infrastructure in Hormozgan with the Presence of General Managers
A joint meeting of oil and railway managers was held to review the development of rail infrastructure in Hormozgan. This...
Oil and Petrochemicals
Increase in the Capacity of the Azadegan Oil Field to 100,000 Barrels Per Day
The Azadegan oil field is undergoing reconstruction and revitalization with the aim of increasing production capacity to...
Oil and Petrochemicals
The Ministry of Oil Announces a New Pricing Formula for Feedstock and Oil Products
The Ministry of Oil has issued a new guideline for pricing feedstock and oil products for refineries, with changes to co...
Oil and Petrochemicals
Hamid Bourd Emphasized the Revival of 100 Million Cubic Meters of Gas Production Capacity
Hamid Bourd, the caretaker of Iran's Ministry of Oil, announced the revival of 100 million cubic meters of gas productio...
Oil and Petrochemicals
43% Increase in Refinery Profits with New Feedstock Rate
The new feedstock rate guideline could increase the annual profits of listed refineries by up to $5 billion. Studies sho...
Oil and Petrochemicals
Afentra Updates Its Drilling Program at the Impala-2 Field in Angola
Afentra plc has updated its drilling program at the Impala-2 field located in Block 3/05, Angola, and is aiming to achie...
Oil and Petrochemicals
Fluctuations in Energy Prices in the Global Market and the Rise of the OPEC Basket
In the recent fluctuations of the energy market, the OPEC basket increased by 4.53 units to reach a price of $114.0. Mea...
Oil and Petrochemicals
Manouchehr Habibi Described Kermanshah's Capacities for the Development of Petrochemicals and Agriculture
Manouchehr Habibi, the Governor of Kermanshah, described the border, industrial, and agricultural capacities of the prov...
Oil and Petrochemicals
Brent crude oil price drops to $105.35 and West Texas to $92.49
The price of Brent crude oil has decreased to $105.35 and West Texas Intermediate to $92.49. This price correction is du...
Oil and Petrochemicals
Increase in Diesel Demand Benefits Product Tankers in the Global Market
New analyses indicate that diesel demand from Europe has risen due to a shortage of supply from traditional sources. Thi...