Oil and Petrochemicals
TOP Ships Inc. Announces Net Income of $6.5 Million and Revenue of $25.5 Million
TOP Ships Inc. achieved a net income of $6.5 million and revenue of $25.5 million in the first half of 2026. The company...
Oil and Petrochemicals
Oil and Petrochemicals
Marine Fuel Sales in Singapore Remained Steady in August
Marine fuel sales in Singapore showed little change in August. Despite a decrease in the number of vessels called, the i...
Oil and Petrochemicals
Russia's $135 Billion Investment in Arctic Projects
Russia is seeking to strengthen its economic position amid the Ukraine crisis with a $135 billion investment in Arctic p...
Oil and Petrochemicals
Shale oil now constitutes 72 percent of Argentina's crude oil production
Argentina, with a daily production of 500,000 barrels of oil, has allocated 72 percent of its production to shale oil. T...
Oil and Petrochemicals
Increase in LNG Demand in Southeast Asia Due to AI Data Centers
AI data centers have significantly increased natural gas demand in Southeast Asia. Meanwhile, the war in Iran may push c...
Oil and Petrochemicals
Continental Signs Oil Agreement with PDVSA in Venezuela
Continental has recently signed an agreement with Venezuela's state oil company, PDVSA, to develop the country's oil res...
Oil and Petrochemicals
Kazakhstan's Oil Production Decrease to 61.7 Million Tons in 2026
Kazakhstan, with an oil production of 61.7 million tons in the first eight months of 2026, is facing serious challenges...
Oil and Petrochemicals
A Car-Free Day Initiative for Employees of the Ministry of Oil Has Started
The "Car-Free Day" initiative is being implemented to save fuel and promote the use of public transportation for employe...
Oil and Petrochemicals
Continental Resources Signs Agreement to Develop Ayacucho 2 Field in Venezuela
Continental Resources has signed an agreement with PDVSA to develop the Ayacucho 2 field. This field has a capacity of 3...
Oil and Petrochemicals
Estimation of Weekly Dry Charter Time for Oil Fields in September 2026
New estimates indicate that the dry charter time for oil fields in September 2026 has significantly increased. These cha...
Oil and Petrochemicals
Fueling operations at Zhoushan port resumed after a 22-day hiatus
Fueling operations at Zhoushan port in China have resumed after a 22-day hiatus caused by adverse weather conditions. Th...
Oil and Petrochemicals
Increase in Johan Sverdrup Field Price to $19.55 per Barrel
The price of the Johan Sverdrup field reached its highest level of $19.55 per barrel on September 15. This price increas...