Oil and Petrochemicals
125% Increase in Eni's Profit with Significant Refining Margins Growth
The Italian energy group Eni will pay a substantial amount to investors with a 125% increase in its net profit in the th...
Oil and Petrochemicals
Oil and Petrochemicals
Brent Oil Price Surges to $116 and Bitcoin Falls Below $81,000
The price of Brent oil reached $116 per barrel, and Bitcoin fell below $81,000. These developments occurred following a...
Oil and Petrochemicals
Clarification from Tehran Oil Refinery Regarding Feedstock and Products Prices in 1405
Tehran Oil Refinery provided explanations regarding the calculation of feedstock and products prices for the year 1405....
Oil and Petrochemicals
Shell and ExxonMobil Put Their Chemical Unit Up for Sale
Shell and ExxonMobil are looking to sell their chemical unit valued at nearly $8 billion. This sale may attract the atte...
Oil and Petrochemicals
Brent Oil Price Reaches $114 per Barrel
The price of Brent crude oil reached $114 per barrel on Friday, the last time it closed at this level was on May 4. This...
Oil and Petrochemicals
REalloys is building the largest rare earth metalization plant in North America
REalloys is constructing the largest metalization plant outside of China with the aim of supplying rare earth production...
Oil and Petrochemicals
Tabriz Petrochemical on the Verge of Initial Public Offering
The introductory meeting for Tabriz Petrochemical with the symbol "SHTabriz" will be held at the Tehran Stock Exchange....
Oil and Petrochemicals
Shell and PetroChina Confirm Phase 2 LNG Canada Development Project
Shell and its partners have confirmed the Phase 2 LNG Canada development project, increasing the capacity of this facili...
Oil and Petrochemicals
Donald Trump Increases U.S. Oil Production with Cold War Law
Donald Trump, the President of the United States, has declared oil production and refining vital for national defense, c...
Oil and Petrochemicals
China's Decreased Need to Draw from Oil Reserves with Increased Crude Oil Imports
As the world's largest crude oil importer, China has reduced its need to draw from its reserves due to increased imports...
Oil and Petrochemicals
Executives from ExxonMobil and bp Support the American Jobs and Costs Act
Senior executives from major oil and gas companies, including ExxonMobil and bp, have urged Congress to pass the America...
Oil and Petrochemicals
10.9% Decrease in Global Oil Product Attacks and Increase in Revenues
Global oil product attacks from August 1 to October 15, 2026, have decreased to 237.07 million tons. Meanwhile, transpor...