Oil and Petrochemicals
Increase in Venezuela's Oil Production with the Arrival of New Drilling Rigs
The arrival of eleven new drilling rigs to Venezuela's oil fields this month is a sign of improvement in the country's o...
Oil and Petrochemicals
Oil and Petrochemicals
Natural Gas Prices Drop Due to Disruption in Appalachian Pipelines
Cash prices for natural gas in Appalachia have sharply decreased due to pipeline disruptions. Winter contracts are also...
Oil and Petrochemicals
PetroTal Drills Well 25H in the Bretana Field
PetroTal has drilled the development well 25H in the Bretana field to a depth of 3,362 meters and is targeting productio...
Oil and Petrochemicals
8.6 Million Barrel Decrease in Crude Oil Reserves in the United States
Crude oil reserves in the United States decreased by 8.6 million barrels to 415.6 million barrels in the week ending Oct...
Oil and Petrochemicals
Norway Court Orders Seadrill to Pay 55 Million Dollars to SFL
The Borgarting Court of Appeal in Norway has ordered Seadrill to pay 55 million dollars to SFL. This amount includes dam...
Oil and Petrochemicals
Brent Oil Price Fluctuations Due to Increased Supply Risks
Brent oil has experienced fluctuations following the announcement of a new release from emergency reserves. Supply risks...
Oil and Petrochemicals
Decrease in Natural Gas Prices in California Affected by Regional Demand
Forecasted natural gas prices in California have dropped in early October due to reduced demand and competition from LNG...
Oil and Petrochemicals
TotalEnergies is negotiating with Namibia for the Venus oil field
TotalEnergies and the government of Namibia are negotiating for the development of the Venus oil field, aiming for initi...
Oil and Petrochemicals
Iran's Maritime Attacks on Commercial Ships Threaten Gulf Oil Exports
The increase in Iran's drone attacks on commercial ships has negatively impacted Gulf energy exports. According to repor...
Oil and Petrochemicals
The U.S. Department of the Treasury Calls for Lifting the Ban on Oil and Gas Financing at the World Bank
The U.S. Department of the Treasury pointed to the need for deep reforms at the World Bank and called for lifting the ba...
Oil and Petrochemicals
Peyman Shahavisi Appointed CEO of Masjed Soleiman Petrochemical
Peyman Shahavisi has been appointed as the CEO of Masjed Soleiman Petrochemical. This complex operates with an annual pr...
Oil and Petrochemicals
Enbridge Seeks to Develop Natural Gas Pipeline with Capacity of 2 Bcf/d in Texas and Louisiana
Enbridge is exploring the development of the Texas Eastern Transmission (Tetco) natural gas pipeline, aimed at increasin...