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...
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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...
Oil and Petrochemicals
Warning from Senior Oil Executives about Global Reserves Decline Despite Increased Hormuz Flows
Senior executives warned at the London Energy Conference about the decline in global oil reserves. Oil flows from the St...
Economy
Unprecedented Record of the Clarkson Index in the Maritime Transport Market
The Clarkson Index, as a barometer of shipping rates, reached a historic record of $46,384 per day in the third quarter...
Oil and Petrochemicals
Iran has maintained control over the Strait of Hormuz and oil exports have reached zero
Iran announced that it has maintained full control over the Strait of Hormuz and the country's oil exports have reached...
World
Search for Crew of Sunken Cargo Ship in the Black Sea
The search operation for the crew of the cargo ship Alfa Watan in the Black Sea has begun. This ship sank along with a s...
Oil and Petrochemicals
Saudi Arabia's East-West Pipeline Transfers 5.8 Million Barrels of Oil
Saudi Arabia's East-West pipeline has recently transferred 5.8 million barrels of crude oil. This pipeline has been acti...
Oil and Petrochemicals
TWMA Signs New Contract for Drilling Waste Management in the North Sea of England
TWMA has signed a new contract with an unnamed operator in the North Sea of England to provide drilling waste management...
Oil and Petrochemicals
Gulf Storm Threat Could Endanger 3 Million Barrel Refining Capacity
A tropical disturbance may threaten Gulf coastal states and endanger a refining capacity of 3 million barrels per day. F...
Oil and Petrochemicals
The CEO of Vitol Reports a Decrease in Oil Stocks in Western Countries
The CEO of Vitol announced that oil stocks in Western countries have completely decreased due to the Iran war. This situ...
Oil and Petrochemicals
Increase in Gas Inflow at Freeport LNG After Unit 2 Shutdown
Freeport LNG is returning natural gas inflow to normal levels following the shutdown of Unit 2 for repairs. Gas inflow i...
Oil and Petrochemicals
Resignation of Iran's Oil Minister Following Severe Decline in Oil Exports
Iran's Oil Minister resigned due to U.S. sanctions, and control of the country's oil industry was handed over to the hea...