Oil and Petrochemicals
Brent Price Surges Above $120, Indicating Serious Oil Constraints
The price of Brent crude has risen above $120, while the price of ICE Brent has dropped to $101. This situation reflects...
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Oil and Petrochemicals
G7 Decides to Release 100 Million Barrels of Oil to Address Diesel Crisis
The G7 group and its partners have decided to release 100 million barrels from emergency diesel and crude oil reserves o...
Oil and Petrochemicals
3% Decrease in Brent Crude Oil Prices and 3.62% Decrease in WTI Oil Prices
The price of Brent crude oil reached $99.48 following the European Union's negotiations to draw from reserves. The price...
Health
Mohammad Reza Zamani Described the Status of Oil Industry Medical Projects in the South of the Country
Mohammad Reza Zamani reported a 95% progress in the new Abadan hospital and 56% in the Assaluyeh trauma center. Addition...
Oil and Petrochemicals
Majid Najarian Records a New Experience in Operating an ESP Pump with a Capacity of 2,000 Cubic Meters
Majid Najarian announced the use of ESP pumps with a capacity of 2,000 cubic meters per day in the Cheshmeh-Khosh, Dalpa...
Economy
Energy consumption management can save $80 billion
The President pointed out that energy consumption in Iran is three times higher than in some European countries, announc...
Analysis
Trump Deploys 9,000 Troops and Third Aircraft Carrier to the Middle East
The U.S. government is strengthening its position against Iran's nuclear program by deploying 9,000 troops and a new air...
Economy
Britain Begins Emergency Talks with the United States Amid Diesel Crisis
Britain has initiated emergency negotiations with the United States due to the escalating diesel crisis. This crisis is...
Economy
Significant Decrease in Power Supply in India Reaches Highest Level in Three Years
Power supply in India reached 560 million kilowatt-hours in September, the highest level since August 2023. Increased in...
Oil and Petrochemicals
TotalEnergies Announces $14 to $17 Billion Investment Plan for Natural Gas Production Growth
TotalEnergies plans to spend between $14 to $17 billion annually from 2027 to 2032 to increase energy production and LNG...
Oil and Petrochemicals
China Halts Fuel Exports Until Further Notice
China has halted fuel exports, which could put additional pressure on the global fuel market. PetroChina has canceled so...
Oil and Petrochemicals
Iran's Oil Decline and Its Impact on the Global Market and China
Iranian oil is increasingly disappearing from the market while China, its largest buyer, faces new challenges.