Oil and Petrochemicals
Mazraeh Khatiri Appointed as Head of Engineering, Research and Technology Department
Mazraeh Khatiri has been appointed as the head of the Engineering, Research and Technology Department of the Ministry of...
Oil and Petrochemicals
Oil and Petrochemicals
Omid Shakari Appointed as CEO of the National Petrochemical Company
Omid Shakari has been appointed as the new Deputy Minister and CEO of the National Petrochemical Company. He previously...
Oil and Petrochemicals
Armed Attack on the Oil Pipeline of the Sharara Field in Libya
An armed group attacked the oil pipeline of the Sharara field, significantly reducing oil production in this field. This...
Oil and Petrochemicals
48% Increase in India's Oil Import Costs to $74.8 Billion
India paid $24.4 billion more for oil imports from April to August compared to the previous year. This increase in costs...
Oil and Petrochemicals
Increase in Brent Crude Oil and WTI Prices
Brent crude oil price reached $102.06 and WTI price reached $97.04. Production at Libya's Sharara field has decreased du...
Oil and Petrochemicals
The Performance of the Ministry of Oil in Managing Wartime Conditions has been Positively Evaluated
Fathollah Hosseini highlighted the effective actions of the Ministry of Oil in providing fuel during wartime conditions...
Oil and Petrochemicals
McDermott Successfully Completes Its Financial Restructuring Program
McDermott International announced the completion of its financial restructuring program worth $1.05 billion. This amount...
Oil and Petrochemicals
Crude Oil Prices Shift Following U.S. and Iran Diplomacy
Crude oil prices have risen following recent declines, influenced by diplomatic developments between the United States a...
Oil and Petrochemicals
Increase in Diesel Prices in the United States to $6.49 per Gallon
The national average diesel price in the United States rose by 30.7 cents last week, reaching $6.49. The common diesel p...
Oil and Petrochemicals
Qatar's LNG Production Decline Revives New Projects in Argentina and Timor-Leste
The decline in Qatar's liquefied natural gas production due to infrastructure and operational issues has revived new pro...
Oil and Petrochemicals
Increase in Global Oil Prices Following Four Weeks of Decline
Today, the global oil price increased for the first time after four weeks of decline. Meanwhile, the price of gold exper...
Oil and Petrochemicals
New US Sanctions Law Threatens India's Major Oil Trade with Russia
India's import of cheap Russian crude oil has faced challenges following the passage of the new sanctions law. This law...