Economy
Najafi Emphasized the Necessity of Establishing a Regulatory Body in the Oil Sector
Arash Najafi, Head of the Energy Commission of the Iran Chamber of Commerce, emphasized the importance of establishing a...
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Africa's LNG Exports to Increase by 175%
Africa, as the main destination for energy buyers after the Strait of Hormuz, will witness a significant increase in liq...
Economy
Nasser Atabati announced the return of 10.5 billion euros of currency to the country
Nasser Atabati, the Chief Justice of Tehran Province, announced the return of 10.5 billion euros of currency to the coun...
Oil and Petrochemicals
Ministry of Oil to Increase Gas Production from South Pars Field
The return of 80 million cubic meters of gas from the South Pars field to the production cycle is on the agenda of the M...
Oil and Petrochemicals
Brent Crude Oil Price Drops Below $94
The price of Brent crude oil reached $93.95 per barrel. This price drop is related to several factors including increase...
Oil and Petrochemicals
Oil and Gas Company of Newfoundland and Labrador Acquires Two Exploration Licenses in the Orphan Basin
The Oil and Gas Company of Newfoundland and Labrador is seeking to attract new industrial partners by acquiring two parc...
Economy
Abdolsadeh Nissi emphasized the necessity of sustainable cooperation between Iran and China
Abdolsadeh Nissi emphasized the expansion of economic and trade cooperation between the two countries at the ninth Iran-...
Oil and Petrochemicals
Brent and Texas Oil Prices on November 5, 2026
The price of Brent oil reached around dollars per barrel, and Texas oil is also traded at a similar price in the market....
Oil and Petrochemicals
Butane Prices Reach Highest Level in 30 Years
Butane prices in global markets have surged significantly, reaching $1125 per ton in Europe. This price increase is due...
Oil and Petrochemicals
Decline in Brent and WTI Oil Prices Following Political Developments in the U.S.
Brent and WTI oil prices have faced a decline in recent trading. This decrease is due to political developments in the U...
Oil and Petrochemicals
Unity Introduces Consolidated Suppliers as Its Partner in the UAE
Unity collaborates with Consolidated Suppliers as its local partner in the United Arab Emirates. This agreement is in re...
Oil and Petrochemicals
Woodside to Cut 500 Jobs
Woodside, Australia's largest natural gas producer, announced that it will reduce about 11% of its workforce in an effor...