Oil and Petrochemicals
Owners of Israel's Leviathan Gas Field Cancel $6.7 Billion Gas Supply Contract
Local partners of Chevron in Israel's Leviathan gas and condensate field have canceled a natural gas supply contract fro...
Oil and Petrochemicals
Oil and Petrochemicals
Russia Extends Diesel Export Ban Until the End of October
Russia has extended its diesel export ban until the end of October, a move that will put more pressure on the global mar...
Oil and Petrochemicals
Offering 392 Thousand Tons of Steel and Petrochemical Products in the Commodity Exchange
The halls of the Iranian Commodity Exchange hosted the offering of 392 thousand and 61 tons of steel and petrochemical p...
Oil and Petrochemicals
America to Release 40 Million Barrels of Oil from Its Strategic Reserves
America has decided to release 40 million barrels of oil from its strategic reserves. This action comes in response to r...
Oil and Petrochemicals
SLB OneSubsea Receives Subsea Systems Contract from ExxonMobil
SLB OneSubsea has received a contract for the supply of subsea systems for the Rovuma LNG project from ExxonMobil. This...
Oil and Petrochemicals
Shell Approves Phase Two of Canada LNG Project
Shell, by approving Phase Two of the Canada LNG project, will increase the capacity of this facility to 28 million tons...
Oil and Petrochemicals
Canada's LNG Export Capacity Doubles After Shell's Phase 2 Approval
LNG Canada has decided to double its export capacity. This move comes after Shell's approval of Phase 2.
Oil and Petrochemicals
60% Increase in Oil Flow from the Strait of Hormuz with Tanker Passage
Oil flow from the Strait of Hormuz has reached 9.36 million barrels per day, equivalent to 60% of the volume before the...
Oil and Petrochemicals
2.67% Decrease in LNG Shipping Index to 232.88 Units
The global LNG shipping index reached 232.88 in week 39 of 2026, down by 6.39 units. Price declines in the gas market an...
Oil and Petrochemicals
Increase in Crude Oil Prices Due to Supply Concerns in the Middle East
Crude oil prices rose amid concerns over supply disruptions in the Middle East. Brent oil reached $106.99.
Oil and Petrochemicals
Phase 11 of South Pars reaches one billion cubic feet per day production
Gas production from Phase 11 of the South Pars field has increased to one billion cubic feet per day. This success was a...
Oil and Petrochemicals
Trump is seriously considering a ban on diesel exports
The United States government, led by Donald Trump, is examining a ban on diesel exports in response to rising prices and...