Oil and Petrochemicals
Ovintiv agrees to acquire oil producer Logan Energy for $890 million
Ovintiv is acquiring oil producer Logan Energy in a deal worth $890 million. The transaction includes 266,000 acres in t...
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Oil and Petrochemicals
EQT Becomes the Largest Natural Gas Producer in America by Acquiring Range Resources
EQT becomes the largest natural gas producer in the United States by acquiring Range Resources in an all-stock deal. Thi...
Oil and Petrochemicals
EQT and Range Become the Largest Natural Gas Producer in America
EQT will become a $50 billion company by acquiring Range Resources, producing over 9 Bcfed of natural gas. This merger p...
Oil and Petrochemicals
Overview of the Most Important Statements by the Acting Minister of Oil at the GECF Ministerial Meeting
The Acting Minister of Oil highlighted the capacities of the country's oil and gas fields at the GECF ministerial meetin...
Economy
China Captured 81.8% of Global New Shipbuilding Orders
China, with a record of 58.05 million deadweight tons and 175.29 million tons of new orders, became the leader in the gl...
Oil and Petrochemicals
China Becomes the Third Largest Bunker Port in the World with Zhoushan Port
Zhoushan Port in China achieved the third position in the global bunkering ranking by supplying 8.54 million tons of mar...
Economy
Luis Inácio Lula da Silva's Victory in the Brazilian Elections
Luis Inácio Lula da Silva won the Brazilian presidential election with 51.8% of the votes. This victory came amid calls...
Oil and Petrochemicals
Review of Joint Projects between Iran and Russia at the Gas Summit
Kazem Jalali announced the review of joint projects between Iran and Russia during the meeting of the presidents. This m...
Oil and Petrochemicals
Masoud Pezeshkian's Attendance at the GECF Meeting in Moscow
Masoud Pezeshkian, the President, will travel to Moscow to participate in the eighth summit of the Gas Exporting Countri...
Oil and Petrochemicals
The sinking of the Prospector 5 rig in Gabon leaves one dead and four missing
The Prospector 5 drilling rig belonging to Bur sank off the coast of Gabon, resulting in one fatality. Search and rescue...
Environment
The COP31 Secretary Urges NATO Countries to Invest More in Climate Change
The COP31 Secretary emphasized the need for increased investment from NATO countries in the field of climate change. He...
Oil and Petrochemicals
Moscow Hosts the Eighth GECF Summit
The eighth summit of the Gas Exporting Countries Forum (GECF) was held in Moscow to discuss the challenges and opportuni...