Oil and Petrochemicals
NABEP Deploys 11 New Drilling Rigs in Venezuela
NABEP aims to increase oil production to over one million barrels per day by deploying 11 new drilling rigs in Venezuela...
Oil and Petrochemicals
Oil and Petrochemicals
Primavera Takes Over Oil Field Operations in Venezuela
Primavera, by hiring former executives from Occidental and Chevron, will soon begin oil field operations in Venezuela. T...
Oil and Petrochemicals
Inauguration of the Azadegan Oil Field with a capacity of 600,000 barrels per day
The Azadegan oil field, one of the largest oil fields in Iran, was inaugurated with a production capacity of 600,000 bar...
Oil and Petrochemicals
Saudi Arabia Becomes the Largest Unpredictable Player in the Oil Market
With a production capacity of 12 million barrels of oil per day, Saudi Arabia is recognized as a key player in the globa...
Oil and Petrochemicals
Hassan Plarak Explained the Role of the Ministry of Oil in the Reconstruction of Holy Shrines
Hassan Plarak praised the performance of the Ministry of Oil in serving the pilgrims at the meeting of the Holy Shrines...
Oil and Petrochemicals
Yemen Army Missile Attack on Aramco Oil Facilities in Saudi Arabia
The Yemen Army targeted Aramco oil facilities in eastern Saudi Arabia and King Khalid Airport in Riyadh with several mis...
Oil and Petrochemicals
Saudi Arabia to Reach Crude Oil Export Capacity of 10 Million Barrels per Day
Saudi Arabia plans to increase its crude oil export capacity to 10 million barrels per day. This decision includes the r...
Oil and Petrochemicals
Saudi Arabia to Increase East-West Oil Pipeline Capacity to 10 Million Barrels per Day
Saudi Arabia has planned to increase the capacity of its East-West oil pipeline to 10 million barrels per day. This proj...
Oil and Petrochemicals
Murphy Oil Announces New Oil Discovery in Vietnam and Production at Lac Da Wang Field
Murphy Oil Corporation reported an oil discovery in Vietnam and success in appraisal drilling off the coast of Côte d'Iv...
Oil and Petrochemicals
OPEC Ministers Warned About Rising Oil Transportation Costs
Ministers of OPEC countries warned about the increase in transportation and insurance costs of energy shipments. This si...
Oil and Petrochemicals
OPEC Reduces Oil Demand Growth Forecast for 2026
OPEC has reduced its forecast for daily oil demand growth in 2026 to 400,000 barrels. Additionally, the organization exp...
Oil and Petrochemicals
Appointment of Oil Minister Faces Serious Challenges in Winter Gas Supply
Gas supply management in winter is facing a daily shortfall of 300 million cubic meters. The government must introduce a...