Oil and Petrochemicals
OPEC+ Production Quota Remains Unchanged in December
OPEC+ announced in a statement that it will keep its production quota unchanged for December 2026. This decision was mad...
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Oil and Petrochemicals
Qatar Condemns Attack on LNG Tanker
The Ministry of Foreign Affairs of Qatar strongly condemned the attack on its LNG tanker in the Persian Gulf. This attac...
Oil and Petrochemicals
OPEC Keeps Oil Production Quota Unchanged in December
OPEC is set to decide to maintain its oil production quota for December in a meeting scheduled for Sunday. This decision...
Oil and Petrochemicals
Ministry of Oil Successfully Collects 17 Million Cubic Meters of Flare Gas Daily
The Ministry of Oil has achieved the collection of 17 million cubic meters of flare gas daily through the implementation...
Oil and Petrochemicals
National Iranian Oil Company Increases First-Time Production Capacity of Technological Equipment
The National Iranian Oil Company, by implementing first-time production contracts, aims to develop local manufacturing a...
Oil and Petrochemicals
OPEC Keeps Oil Production of Seven Countries Steady
The Organization of the Petroleum Exporting Countries (OPEC) has decided to maintain the oil production level for seven...
Oil and Petrochemicals
Abadan Oil Refining Company announced the resolution of its unit's disruption
Abadan Oil Refining Company reported smoke in the sky above the refinery due to a disruption in one of its units. The co...
Oil and Petrochemicals
OPEC+ Maintains Oil Production Quota for Seven Countries for December
The seven member countries of OPEC+ decided to maintain their oil production levels for December 2026 during the meeting...
Oil and Petrochemicals
Difference in Brent Oil Price between OilPrice and Trading Economics
The price of Brent oil is reported as $119 on OilPrice and $113 on Trading Economics. This discrepancy may be due to dif...
Oil and Petrochemicals
OPEC+ Oil Production Targets Remain Steady for December
OPEC+ maintained its oil production targets for December during its recent online meeting. This decision was made while...
Oil and Petrochemicals
OPEC+ Maintains Its Oil Production Targets for December
OPEC+ announced in a statement that it has kept its oil production targets unchanged for the month of December. This dec...
Exclusive Report
Rouhollah Khorshidvand and the Challenges of the Contracting Industry in Iran
Rouhollah Khorshidvand discusses job preservation and the challenges of the contracting industry in Iran in an interview...