Oil and Petrochemicals
Technical Failure at Abadan Refinery is Under Control
A technical failure in one of the units of the Abadan refinery caused a loud noise. The situation at the refinery is cur...
Oil and Petrochemicals
Oil and Petrochemicals
Saudi Arabia Sold 100 Million Barrels of Crude Oil to Asia
Saudi Arabia has sold nearly 100 million barrels of crude oil to Asian buyers via the Strait of Hormuz. This sale occurr...
Oil and Petrochemicals
Glenfarne Group Receives Extension Request for Magnolia LNG Project
The Magnolia LNG export project in Louisiana has been extended for another five years for the start and completion of co...
Oil and Petrochemicals
TotalEnergies Approves 350 MMcf/d Natural Gas Project for Nigeria LNG
TotalEnergies is aiding the development of Nigeria's LNG industry by approving a new project with a capacity of 350 mill...
Oil and Petrochemicals
Natural Gas Futures Prices Drop Below $3
Natural gas futures contracts decreased to $3.000 per million BTU. This change occurred as traders awaited the weekly st...
Oil and Petrochemicals
Increase in Oil Prices Amid Doubts About Iran and U.S. Diplomacy
Oil prices rose on Thursday as hopes for an imminent end to tensions between Iran and the U.S. diminished. Brent crude r...
Oil and Petrochemicals
Asian Energy Stocks Rise Following Oil Price Improvement Amid Iran Concerns
Asian energy stocks rose as oil prices increased due to renewed tensions between the United States and Iran. Brent crude...
Oil and Petrochemicals
Increase in U.S. Crude Oil Inventory to 426.39 Million Barrels
U.S. crude oil inventory reached 426.39 million barrels on September 18. This figure indicates an increase in commercial...
Oil and Petrochemicals
ProPetro Takes on Supplying 230 Megawatts of Power for Targa
ProPetro, by signing new contracts, will supply 230 megawatts of electricity to support Targa Resources' operations in t...
Oil and Petrochemicals
Increase in Firefighting Ring Capacity of Assaluyeh Petrochemicals to 6500 Cubic Meters per Hour
The capacity of the firefighting rings of Assaluyeh petrochemicals has increased to 6500 cubic meters per hour with the...
Oil and Petrochemicals
Brent Oil Price Rises to $106 Amid Energy Market Volatility
On Thursday, the price of Brent oil reached $106 and West Texas Intermediate crude oil hit $93.94. Analysts have warned...
Oil and Petrochemicals
The issue of petroleum product production at Abadan refinery has been resolved
Seyyed Mohammad Reza Mavallizadeh, the Governor of Khuzestan, announced that the issue of petroleum product production a...