Oil and Petrochemicals
The Construction of the Fourth LNG Tank at the Gate Terminal Has Been Completed
The Gate Terminal in the Port of Rotterdam has recently prepared and launched its fourth LNG tank. This tank will bring...
Oil and Petrochemicals
Oil and Petrochemicals
The oil flow of the East-West pipeline in Saudi Arabia reached 5.8 million barrels per day
The oil flow of the East-West pipeline in Saudi Arabia increased to 5.8 million barrels per day on Tuesday. This pipelin...
Oil and Petrochemicals
Decrease in Long Positions in Brent Futures to 204,000 Lots
Long positions in Brent futures have decreased to 204,000 lots. This decline is due to new entries into the market and i...
Oil and Petrochemicals
The $31 Price Difference Between Physical Oil and Futures Contracts in the Global Market
The global oil market is facing a $31 price difference between actual barrels and futures contract prices. Physical oil...
Oil and Petrochemicals
Mohammad Reza Aref remembered his close friend in the introduction of Hamid Bord
Mohammad Reza Aref, the First Vice President, in the introduction ceremony of Hamid Bord, the caretaker of the Ministry...
Oil and Petrochemicals
Mohammad Reza Aref Considered Changes in the Ministry of Oil as a Ground for Leap
Mohammad Reza Aref, the First Vice President, pointed out the importance of changes in the Ministry of Oil during the in...
Oil and Petrochemicals
Indonesia Energy has started production from well K-29 and is ready to drill WK-5
Indonesia Energy Corporation (IEC) has started oil production from well K-29 in the Kruh block in Sumatra and is ready t...
Oil and Petrochemicals
Energy Transfer Expands into Permian Natural Gas with $2.625 Billion Acquisition of Vaquero
Energy Transfer adds a vast network of natural gas gathering and processing in the Delaware sub-basin with its $2.625 bi...
Oil and Petrochemicals
Natural Gas Futures Price Rises Above $3
The futures price of natural gas rose above $3 on Tuesday. This price increase is due to concerns about production and s...
Oil and Petrochemicals
Hamid Bourd's Meeting with Managers of the National Iranian Oil Refining and Distribution Company
Hamid Bourd, the caretaker of the Ministry of Oil, emphasized the necessity of adopting a strategic perspective in a mee...
Oil and Petrochemicals
Hamid Bord Emphasized the Necessity of Decision-Making Based on Domestic Capacities
Hamid Bord emphasized the need for decision-making in the oil industry based on domestic capacities in a meeting with th...
Oil and Petrochemicals
Saudi Arabia's Oil Exports Recovery Faces Transportation Cost Challenges
Saudi Arabia has restored its oil exports to 80% of pre-war levels, while transportation costs and tanker risks have sig...