Oil and Petrochemicals
BP predicts up to $4.5 billion impairment for the third quarter
BP reported in its recent report that it expects an impairment of up to $4.5 billion for the third quarter of 2025. The...
Oil and Petrochemicals
Oil and Petrochemicals
Saudi Arabia's Strong Determination for Sustainable Energy
The Saudi Energy Minister announced that the country has a high capacity for sustainable energy supply and continues to...
Oil and Petrochemicals
Implementation of the Emergency Fueling Card Plan in Tehran with One-Time Password
The Emergency Fueling Card plan in Tehran is being implemented on a trial basis using a one-time password. This change w...
Oil and Petrochemicals
Trump and Putin's Oil Agreement Paves the Way for Peace Talks in Ukraine
The recent oil agreement between Donald Trump and Vladimir Putin could help revive peace negotiations in Ukraine. This a...
Oil and Petrochemicals
Daily production of the Yaran oil field reached over 21,000 barrels
Daily production of the Yaran oil field reached 21,721 barrels of oil. The measures taken to increase production include...
Oil and Petrochemicals
Alireza Shokouhian Emphasized the Necessity of Adhering to Safety Requirements
Alireza Shokouhian emphasized the necessity of adhering to safety and health requirements in the activities of the Natio...
Oil and Petrochemicals
OPEC+ Warns About Rising Energy Transportation Costs
OPEC+ emphasized the need to protect energy supply routes at its recent meeting in Riyadh. Current disruptions have driv...
Oil and Petrochemicals
Northern Drilling Extended the Contract for the South Pars Gas Field Project of 9 Wells Until 2029
Northern Drilling has extended the contract for drilling 9 wells in the South Pars gas field until July 2, 2029, by sign...
Oil and Petrochemicals
Memorandum of Understanding for Completing the Value Chain of Ilam Petrochemicals Signed
The Memorandum of Understanding for completing the value chain of Ilam Petrochemicals has been signed by the officials o...
Oil and Petrochemicals
Abbas Basafa Examined the Conditions for Emergency Fuel Supply
Abbas Basafa emphasized the necessity of ensuring emergency fuel supply alongside the implementation of the personal fue...
Oil and Petrochemicals
Oil Prices Rise to Highest Level in Two Weeks
Oil prices reached their highest level in two weeks following new attacks on Saudi Arabia and tankers in the Strait of H...
Oil and Petrochemicals
The Development of the Sohrab Field Continues with Multiple Permits
The development of the Sohrab oil field is underway based on phased permits. Executive operations have begun on two pads...