Oil and Petrochemicals
The Impact of the Iran War on the U.S. Natural Gas Market
The war in Iran has significant effects on the global energy market, particularly on U.S. LNG demand. These developments...
Oil and Petrochemicals
Oil and Petrochemicals
The Minister of Oil Reports on the Favorable Status of Liquid Fuel Storage
The Minister of Oil announced that the status of liquid fuel storage for the cold season is favorable. This storage has...
Oil and Petrochemicals
Halliburton Secures Multi-Year Well Services Contract for Cronos Development
Halliburton has signed a multi-year well services contract with Eni for the development of the Cronos gas field off the...
Oil and Petrochemicals
The price of Yuan-denominated crude oil futures in China reached its highest level in history
The price of Yuan-denominated crude oil futures in China reached 929.4 Yuan ($138.50) per barrel. This price increase is...
Oil and Petrochemicals
Ukrainian Drone Strikes Halt Half of Russia's Largest Diesel Refineries
Ukrainian drone strikes on three of Russia's six major diesel refineries have reduced the production capacity of these f...
Oil and Petrochemicals
U.S. Strategic Oil Reserves Decrease to 285 Million Barrels
U.S. strategic oil reserves have reached their lowest level since November 1982. This decrease is due to an agreement wi...
Oil and Petrochemicals
Use of Iranian Equipment in Major Repairs of South Pars Refineries
The CEO of South Pars Gas Complex announced that 100 percent of the equipment needed for the major repairs of these refi...
Oil and Petrochemicals
Pertamina Seeks Investment in Guyana and Suriname Oil for Energy Security
Indonesia's national energy company, Pertamina, is looking to invest in the upstream oil sector in Guyana and Suriname....
Oil and Petrochemicals
Significant Increase in LNG Shipping Index with 20.44% Growth of New Fortress Energy
The global LNG shipping index reached its highest historical level with an increase of 3.75 points. New Fortress Energy...
Oil and Petrochemicals
Samsung Heavy Signs Contract for 6 Ships
Samsung Heavy has surpassed its entire shipbuilding segment's performance this year compared to last year by signing a c...
Oil and Petrochemicals
UK Oil and Gas Group Calls for Early Tax Change to Boost £14.9 Billion
The UK Oil and Gas Group is calling for a change in the tax regime from 2027 to increase national revenue by £14.9 billi...
Oil and Petrochemicals
North America's Oil Rig Count Ends Decline
North America reported a decrease of seven rigs in the latest oil rig count compared to last week. Meanwhile, the number...