Oil and Petrochemicals
U.S. Crude Oil Inventory Decline Less Than Expected
The decline in U.S. crude oil inventories has been reported at 4.930 million barrels, which is less than anticipated. Ma...
Oil and Petrochemicals
Oil and Petrochemicals
Review of the Reconstruction Process of the Country's Oil and Gas Facilities in the Cabinet Meeting
The Cabinet meeting chaired by Masoud Pezeshkian reviewed the latest actions for the reconstruction of oil and gas facil...
Oil and Petrochemicals
Buru Energy Submits Gas Production License Application for Rafael
Buru Energy has submitted a production license application for the Rafael natural gas project in the Canning Basin of We...
Oil and Petrochemicals
Damavand Petrochemical Firefighters Controlled the Blaze Without Casualties
Damavand Petrochemical firefighters managed to control the fire in Phase 2 without any human casualties due to their tim...
Oil and Petrochemicals
40% Increase in Operational Drills in Gas Transfer Region 8
The manager of Region 8 of Iran's gas transfer operations announced a 40% increase in operational drills in this region....
Oil and Petrochemicals
Strike of SAFE Workers at Reach Subsea
Workers of the Norwegian Energy Union, SAFE, went on strike at Reach Subsea. This strike follows the failure of governme...
Oil and Petrochemicals
The U.S. Energy Department Asks Refineries to Increase Diesel Production
The U.S. Energy Department has asked refineries to increase diesel fuel production in order to reduce prices. The nation...
Oil and Petrochemicals
National Iranian Oil Products Distribution Company Equips 17,000 Oil Tankers with Smart Trackers
The tender for equipping 17,000 oil tankers with smart trackers will be held soon. This project aims to monitor tanker s...
Oil and Petrochemicals
Mahmoud Reza Taheri Reduces Customs Clearance Time to 7 Days
The Deputy for Evaluation and Compliance of the National Standards Organization of Iran announced that the customs clear...
Oil and Petrochemicals
National Oil Company Determines Strategic Items for Domestic Production
The National Oil Company of Iran has identified the strategic items needed for domestic production. This action has been...
Oil and Petrochemicals
Increase in Brent and WTI Crude Oil Prices in the Global Market
Brent crude oil prices reached $110.38 and WTI at $99.18. Concerns about supply disruptions and declining inventories ha...
Oil and Petrochemicals
Oil prices rise above $110 due to supply concerns in the Gulf
Brent crude oil reached $110.30 per barrel. Concerns about the instability of oil flow from the Gulf continue to intensi...