Oil and Petrochemicals
Fluctuations in VLCC Freight Rates in the Global Market
VLCC freight rates have decreased in the global market over the past week. Significant changes are observed in various t...
Oil and Petrochemicals
Oil and Petrochemicals
Decrease in Demand and Price of Biodiesel at the Port of Rotterdam
The price of B30-VLSFO biodiesel at the Port of Rotterdam reached $1,162 per ton last week, indicating a decrease in dem...
Oil and Petrochemicals
GTT Achieves Capacity for 71 LNG Ships with 80 New Orders
In the first nine months of 2026, GTT received 80 new orders, including 71 LNG ships with varying capacities. The compan...
Oil and Petrochemicals
Decrease in Britain's Oil and Gas Reserves to 2.5 Billion Barrels of Oil Equivalent
Britain's proven and probable oil and gas reserves have decreased to 2.5 billion barrels of oil equivalent by the end of...
Oil and Petrochemicals
Equinor Awards FEED Contract for Upper Section of FPSO at the Wisting Field to Aibel
Equinor has awarded Aibel a FEED contract for the upper section of the planned production vessel at the Wisting field in...
Oil and Petrochemicals
bp Confirms $350 Million Payment to the State of Louisiana
bp has finalized the economic settlement related to the Deepwater Horizon incident by paying $350 million to the state o...
Oil and Petrochemicals
Hamid Bord's Visit to the Zarubezhneft Monitoring Center in Moscow
Hamid Bord, the head of the Ministry of Oil, visited the monitoring center of Zarubezhneft in Moscow and met with the CE...
Oil and Petrochemicals
Hamid Bord's Visit to the Monitoring Center of Zarubezhneft Russia
Hamid Bord, the head of the Ministry of Oil, visited the monitoring center of Zarubezhneft in Moscow and became familiar...
Oil and Petrochemicals
Morteza Fooladi announced the drilling and completion of 72 oil and gas wells in the first 7 months of 1405
The National Iranian Drilling Company has drilled and completed 72 oil and gas wells in the first 7 months of 1405. This...
Oil and Petrochemicals
Cooperation Agreement between the Oil Industry Research Institute and Hengam Petrochemical Signed
The cooperation agreement between the Oil Industry Research Institute and Hengam Petrochemical was signed with the aim o...
Oil and Petrochemicals
Extraordinary Meeting of the GECF Executive Board Held Under the Chairmanship of Seyed Ali Mohammad Mousavi
The extraordinary meeting of the GECF Executive Board, chaired by Seyed Ali Mohammad Mousavi, was held to coordinate the...
Oil and Petrochemicals
Hamid Habibi announced the start of super gasoline supply at 50 fuel stations across the country
The production of super gasoline has begun at the Persian Gulf Star Refinery and the Shazand Refinery, and it is set to...