Oil and Petrochemicals
Aramco Halts Crude Oil Exports to Europe in October
Saudi Aramco announced that no Saudi crude oil will be delivered to European customers in October. This comes as oil exp...
Oil and Petrochemicals
Oil and Petrochemicals
Increase in the Number of Oil and Gas Drilling Rigs in the United States to 595 Rigs
The number of active oil and gas drilling rigs in the United States has increased to 595 rigs. U.S. crude oil production...
Oil and Petrochemicals
TotalEnergies and BlackRock Sign $1.8 Billion Deal for Oil and Gas Assets in Africa
TotalEnergies and BlackRock have reached an agreement to invest $1.8 billion in their oil and gas infrastructure in Afri...
Oil and Petrochemicals
Saudi Aramco's Export Changes Lower Brent Prices Below $105
Saudi Aramco shifted its crude oil exports towards the Persian Gulf, leading to a decrease in Brent prices below $105.
Oil and Petrochemicals
Russia's $118 Billion Investment in Arctic Oil
Russia has launched new development projects in the Arctic oil industry with a $118 billion investment. These efforts co...
Oil and Petrochemicals
The Iran Sacrifice Drill was held with the presence of Masoud Pezeshkian
The Iran Sacrifice Drill was held this morning in Tehran. This drill took place with the presence of Masoud Pezeshkian a...
Oil and Petrochemicals
Brent crude oil price drops to $103.94 ahead of weekly decline
The price of Brent crude oil reached $103.94 in trading on Friday. This figure indicates a 0.8% decrease in price and th...
Oil and Petrochemicals
Increase in LNG Carrier Traffic from the Strait of Hormuz Due to Supply Shortages in Qatar and the UAE
Two LNG carriers passed through the Strait of Hormuz this week, while two other carriers were identified transferring ca...
Oil and Petrochemicals
TotalEnergies Secures $1.8 Billion Investment in Africa's Oil and Gas Infrastructure
TotalEnergies and Global Infrastructure Partners (GIP) have signed a $1.8 billion agreement to invest in Africa's oil an...
Oil and Petrochemicals
The Status of Gas Supply for Petrochemicals This Winter
Estimates indicate that petrochemicals will not face a gas shortage this winter. This calm is due to reduced production...
Oil and Petrochemicals
Sufficient Crude Oil Supply for Japanese Refiners Until the End of November
Japanese refiners have secured enough crude oil to meet their needs until the end of November, despite challenges in oil...
Oil and Petrochemicals
Natural Gas Futures Prices Return Above $2.90 After Initial Decline
Natural gas futures prices saw a significant increase on Friday, recovering from an initial drop caused by cooler foreca...