Oil and Petrochemicals
Pentagon Approves Wind Projects in Maine and South Dakota
The Pentagon supports the Trump administration's efforts to expedite energy infrastructure development by approving wind...
Oil and Petrochemicals
Oil and Petrochemicals
Citi's Prediction of $60 Oil Price Despite Increased Gulf Oil Exports
Citi has pointed to an increase in oil prices despite improved oil exports from the Gulf. The bank has revised its predi...
Oil and Petrochemicals
Review of Energy Infrastructure in the Persian Gulf and Its Impact on Oil Prices
Oil and gas infrastructure in the Persian Gulf and their role in the global oil market were examined. The price of oil h...
Oil and Petrochemicals
Update on Iran's Oil Target Bank in the Region
The oil and gas capacities of five Arab countries are within the range of Iran's missiles. The key facilities of these c...
Oil and Petrochemicals
Global Crude Oil Transportation Rates Rise Above $20
The average global crude oil transportation rate has increased to over $20 per barrel. This rate shows a significant jum...
Oil and Petrochemicals
Increase in Natural Gas Futures Prices on the New York Exchange
The price of natural gas on the New York Exchange rose at midday following the release of positive storage results. This...
Oil and Petrochemicals
Britain Finally Establishes Oil Wealth Fund
Britain is investing in renewable energy and low-carbon infrastructure by creating an energy wealth fund worth £2 billio...
Oil and Petrochemicals
DOF Group Secures Deepwater Installation Contract in Africa
DOF Group has received a deepwater installation contract in Africa worth between $15 million and $25 million. This proje...
Oil and Petrochemicals
QatarEnergy Signs Long-Term LNG Purchase Agreement with Cheniere
QatarEnergy has agreed to purchase 4 million tons of liquefied natural gas from Cheniere Energy until 2054. This contrac...
Oil and Petrochemicals
The U.S. Energy Information Administration Reports an Increase of 77 Bcf of Natural Gas in Underground Reserves
The U.S. Energy Information Administration reported that for the week ending October 16, 77 billion cubic feet (Bcf) of...
Oil and Petrochemicals
Change in the Pricing Basis for the Feedstock of Lavan Oil Refinery
Lavan Oil Refinery announced the issuance of a new guideline for calculating the feedstock and petroleum products pricin...
Oil and Petrochemicals
Approval of Jackdaw and the Future of Drilling in the North Sea
The approval of the Jackdaw project with a capacity of 200 million barrels of oil opens new horizons for drilling in the...