Oil and Petrochemicals
The Launch of Executive Operations for 5 Oil and Gas Field Development Contracts
The executive operations for five oil and gas field development contracts in the country have begun. These projects will...
Oil and Petrochemicals
Oil and Petrochemicals
EIA Predicts Severe Oil Market Shortage in 2026 and Increase in Supply in 2027
EIA has predicted that there will be a severe oil shortage in 2026 and an increase in oil supply in 2027. This forecast...
Oil and Petrochemicals
Crude Oil Prices Fall Following Unexpected Increase in U.S. Inventories
Crude oil prices declined due to the rise in U.S. oil inventories and disruptions in Middle Eastern supply. Brent crude...
Oil and Petrochemicals
Decrease in Tanker Traffic in the Strait of Hormuz to Four Vessels
Tanker traffic in the Strait of Hormuz decreased to four vessels on Tuesday, indicating a significant reduction compared...
Oil and Petrochemicals
Mansour Shakrlahi deemed the expansion of Iran's refining capacity essential
Mansour Shakrlahi considered increasing the country's refining capacity essential for strengthening energy security and...
Oil and Petrochemicals
BKV Increases Barnett Shale Field Capacity with Asset Purchases
BKV has increased its production reserves by 350 billion cubic feet equivalent through the acquisition of upstream, mids...
Oil and Petrochemicals
Contracts Worth $13.6 Billion for Oil and Gas Field Development Signed
Five new development contracts worth $13.6 billion have been signed in the oil and gas industry. These contracts include...
Oil and Petrochemicals
Winter Preparedness of the Oil Industry for Fuel Supply with a Focus on Oil Fields
The oil industry is preparing to pass through the coldest months of the year by carrying out major repairs and fuel stor...
Oil and Petrochemicals
Khangiran Field Welcomes Winter
Khangiran Field, with a daily production capacity of 250 million cubic meters of natural gas, is ready to meet the count...
Oil and Petrochemicals
National Iranian South Oilfields Company and the Reduction of Flared Gas Burning
The National Iranian South Oilfields Company is implementing comprehensive associated gas collection programs by reducin...
Oil and Petrochemicals
Estimated 15.25 Million Barrels of Oil Equivalent for the Rafael Gas Project
The Rafael Gas Project in the Canning Basin in Western Australia has 15.25 million barrels of proven and probable oil eq...
Oil and Petrochemicals
Decrease in Fuel Inventory in China and Potential Fuel Export Restrictions
Diesel and gasoline fuel inventories in China have reached their lowest level in the past 15 months, which could lead to...