Oil and Petrochemicals
Hurricane Isaias Halts 1.28 Million Barrels Per Day of U.S. Gulf Oil Production
Hurricane Isaias has caused a halt of 1.28 million barrels per day of oil production in the U.S. Gulf. This figure has i...
Oil and Petrochemicals
Oil and Petrochemicals
Crescent Energy Signs $3.85 Billion Deal for Eagle Ford Assets from Devon Energy
Crescent Energy has signed a $3.85 billion purchase agreement for Devon Energy's assets in the Eagle Ford region, aiming...
Oil and Petrochemicals
The utilization of unprecedented tanker rates reached $1.4 million per day
The rates for large tankers have reached the highest level in history, increasing to $1.4 million per day for the route...
Oil and Petrochemicals
Increase in Oil Prices Due to Iran's Attacks on Tankers in Hormuz
Brent crude oil prices rose to $105.02 and West Texas Intermediate to $92.69. Iran's attacks on tankers in the Strait of...
Oil and Petrochemicals
Tankers Traffic in Hormuz Reaches Lowest Level in Two Months
Oil tanker traffic in the Strait of Hormuz has decreased to its lowest level in the past two months due to an increase i...
Oil and Petrochemicals
Oil Prices Rise Above $100 Following Iran's Attacks on Tankers in Hormuz
Brent crude oil reached $102.50 per barrel, showing an increase of more than 2 percent compared to Wednesday. Iran's att...
Oil and Petrochemicals
Global Diesel Crisis and Rising Energy Nationalism in the United States
The current global diesel crisis has intensified energy nationalism in resource-rich countries. The United States is see...
Oil and Petrochemicals
Progress in the Launch of LNG Port Arthur Aiming to Begin Operations in 2027
Sempra Infrastructure is advancing the stages of launching LNG Port Arthur, bringing this project closer to becoming one...
Oil and Petrochemicals
Appreciation of the President for the Efforts of the Strivers in the Oil and Energy Sector
The President emphasized the importance of strengthening people's livelihoods and supporting production, and appreciated...
Oil and Petrochemicals
Increase in Crude Oil Prices Due to Storm in the Gulf of Mexico
Brent and WTI crude oil prices increased to $101.63 and $90.24 per barrel, respectively. The developing storm in the Gul...
Oil and Petrochemicals
The Fall of the Oil Tanker M/T ON PEACE Near Oman
The oil tanker M/T ON PEACE was attacked in the Strait of Hormuz, injuring 10 of its crew members. This incident has rai...
Oil and Petrochemicals
Farakh Alikhani Appointed as Acting Head of the National Iranian Oil Company
Farakh Alikhani has been appointed as the acting head of the National Iranian Oil Company. Oil executives have made pred...