Oil and Petrochemicals
Oil Price Fluctuation Near Five-Month High Amid Hormuz Threats and Houthi Attacks
Oil prices remained near a five-month high on Tuesday due to new attacks on Saudi Arabia's ships and energy infrastructu...
Oil and Petrochemicals
Oil and Petrochemicals
Reduction of Electrification Program for Troll Gas Field by Equinor
Equinor has reduced the electrification program for the Troll gas field in Norway. This decision was made due to the ris...
Oil and Petrochemicals
The Seismic Survey Project of Block 13 in the Caspian Sea Has Been Completed
The seismic survey project of the transitional zone in the western part of the Golestan Plain, covering an area of 2500...
Oil and Petrochemicals
Citgo Increases Its Operating Profit Forecast by $2 Billion
Citgo Petroleum Corp has raised its operating profit forecast for 2026 by $2 billion due to increased fuel margins. This...
Oil and Petrochemicals
LNG Prices in Asia Rise Above $30 per Million BTU
The price of liquefied natural gas in the Asian market has reached over $30 per million BTU for the first time since Dec...
Oil and Petrochemicals
99 Percent Decrease in ABS Granule Production at Qaed Basir Petrochemical
Qaed Basir Petrochemical has faced a severe decrease in ABS granule production in September 2026. This decrease has reac...
Oil and Petrochemicals
Mehdi Moradi Gharibvand Appointed Head of ISOICO Complex
Mehdi Moradi Gharibvand has been appointed as the head of the Iranian Shipbuilding and Offshore Industries Complex (ISOI...
Oil and Petrochemicals
Analysis of $111 Oil and Its Consequences in the Global Market
Brent oil prices have reached $111, and U.S. crude is also above $100. This price increase indicates deep pressure in th...
Oil and Petrochemicals
Increase in WTI Oil Price to $109.08 and Brent to $111.29
The price of WTI oil has reached $109.08 per barrel, which is an increase of 5.23% compared to the closing on Monday. Th...
Oil and Petrochemicals
Ambiguity in the New Pricing Formula for Refinery Feedstock
The new cabinet resolution regarding the pricing of refinery feedstock has created significant changes in the financial...
Oil and Petrochemicals
32 Billion Dollar Profit for Oil Companies Amid Energy Crisis
Major oil companies are setting new records with increased refining profit margins. The energy crisis resulting from war...
Oil and Petrochemicals
Gulf Keystone and Shamaran Agreement for Oil Field Merger in Kurdistan Region
Gulf Keystone Petroleum and Shamaran Petroleum are seeking to form one of the largest oil production entities in the Kur...