Oil and Petrochemicals
Hamid Bord Accelerated the Reconstruction Process of South Pars Refineries
Hamid Bord emphasized the acceleration of the reconstruction process of South Pars refineries in a meeting with senior m...
Oil and Petrochemicals
Oil and Petrochemicals
Maersk Increases Use of the Suez Canal Route
Maersk has made significant improvements to its services by increasing the use of the Suez Canal route due to global tra...
Oil and Petrochemicals
Increase in Marine Insurance Premium Revenue to $42.6 Billion by 2025
Global marine insurance premium revenue reached $42.6 billion in 2025, indicating a growth of 5.5%. This increase comes...
Oil and Petrochemicals
Delivery of the Dual-Fuel Ammonia Vessel by Eastern Pacific Shipping
Eastern Pacific Shipping has received a new dual-fuel ammonia vessel named Lilac Cove from Jiangnan Port in China. This...
Oil and Petrochemicals
Spain's New Fuel Law Similar to Dutch Regulations with Significant Impacts
Spain has addressed greenhouse gas reduction laws in marine fuel supply by issuing Royal Decree 611/2026. This action wi...
Oil and Petrochemicals
Shunichi Kito Assured Japan's Crude Oil Supply Until November
Shunichi Kito, the head of the Japan Petroleum Association, announced that the supply of crude oil for the domestic mark...
Oil and Petrochemicals
India's Oil Imports from Russia Decrease by 16.5% in August
India's oil imports from Russia in August reached 2.1 million barrels per day, reflecting a 16.5% decrease compared to t...
Oil and Petrochemicals
Liquid Fuel Storage at the Bibi Hakimeh Oil Field Reaches 500,000 Liters
The Bibi Hakimeh oil field, with a storage capacity of 500,000 liters of liquid fuel, will meet the needs of power plant...
Oil and Petrochemicals
Touraj Dehghani Emphasized the Maximum Supply of Gas in the Cold Months
Touraj Dehghani, CEO of Pars Oil and Gas Company, emphasized the importance of maximizing gas supply during the cold mon...
Oil and Petrochemicals
Michigan Judge Dismisses Antitrust Lawsuit Against Major Oil Companies
The lawsuit against major oil companies for allegedly conspiring to obstruct competition in alternative energy has been...
Oil and Petrochemicals
One Dollar Drop in Global Oil Prices
Crude oil prices fell on Wednesday due to improved supply. Brent oil reached $98.16 and WTI oil reached $89.01.
Oil and Petrochemicals
Approval of New Upstream Project by TotalEnergies for Nigeria LNG
TotalEnergies has approved a new project for the Ima field in Nigeria, which will supply one-third of the gas needs for...