Oil and Petrochemicals
Japan's JERA Company Establishes Oil Storage Company for Managing National Storage Sites
Japan's JERA Company has established a new company to manage national oil storage sites. This move will help strengthen...
Oil and Petrochemicals
Oil and Petrochemicals
Tabriz Petrochemical, the Sample Unit of East Azerbaijan Province in 2026
Tabriz Petrochemical was honored as the sample unit of petroleum products for the year 2026 during the commemoration of...
Oil and Petrochemicals
Tourmaline Eyes Growth in Canada's Natural Gas Demand Through Data Centers and Oil Sands
Industrial demand from Alberta's oil sands and the growth of the data center sector could help increase LNG exports and...
Oil and Petrochemicals
Rise in Natural Gas Prices in the Western United States Due to Canada's LNG Development
The development of LNG exports in Canada, along with two key announcements, has increased natural gas prices in various...
Oil and Petrochemicals
Continuation of the Decreasing Trend of Natural Gas Prices in Global Markets
Natural gas futures faced declining demand on Friday, marking the fourth consecutive day of this downward trend. Negativ...
Oil and Petrochemicals
Petrochemical Pardis on the Verge of a Major Transformation in Urea and Ammonia Production
Petrochemical Pardis, with an annual capacity of 3 million and 224 thousand tons of urea and 2 million and 40 thousand t...
Oil and Petrochemicals
Decrease in Oil Prices for U.S. Crude to $89.36 Due to Potential Release of Emergency Reserves by the European Union
U.S. crude oil (WTI) fell by 3.78% to $89.36. The European Union is considering releasing emergency oil reserves to alle...
Oil and Petrochemicals
Decrease in Low Sulfur Marine Fuel Imports to Singapore in October
Low sulfur marine fuel imports to Singapore from Western markets will decrease to 1.5 to 1.6 million tons in October. Th...
Oil and Petrochemicals
Significant Expansion of Hi5 Spread in Durban to $308 per Ton
The Hi5 spread at the Port of Durban has reached $308 per ton, a significant increase from $80 per ton on September 1.
Oil and Petrochemicals
45% Decrease in Exports of Mexican Crude Oil in August
Mexican crude oil exports decreased by 45% in August to 27,5737 barrels per day. This decrease occurred alongside an inc...
Oil and Petrochemicals
South Pars Firefighters Restored Calm to the Region in a 12-Day Battle
South Pars firefighters successfully restored calm to the South Pars Energy Special Economic Zone in a 12-day operation....
Oil and Petrochemicals
Brent Oil Price Rises to $102.24 Following Improvement in Gulf Exports
Brent oil price reached $102.24 per barrel, indicating increased demand following improvements in exports from the Gulf....