Oil and Petrochemicals
Record Profits for Oil Companies While Controlling Costs
Major oil companies are facing a significant increase in profits in the third quarter of 2023. Instead of spending, thes...
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Oil and Petrochemicals
Reza Ghanji Arjanki Appointed as CEO of Sabalan Petrochemical
Reza Ghanji Arjanki has been appointed as the new CEO of Sabalan Petrochemical. He is also the Vice Chairman of the boar...
Oil and Petrochemicals
The Energy Agency Warns About the Oil Market in 2027
Fatih Birol, the head of the International Energy Agency, announced that the global oil market may not return to normal...
Sports
Lionel Messi Travels to Spain to Receive the Princess of Asturias Foundation Award
Lionel Messi will have a joint dinner with the King and Queen of Spain during his trip to Spain and will receive the Pri...
Oil and Petrochemicals
Amir Akbari Appointed CEO of Jam Petrochemical Company
Amir Akbari has been appointed as the CEO of Jam Petrochemical Company. He has an impressive background in the petrochem...
Economy
Congress's Permitting Reforms to Compete with China
The U.S. Congress needs to pass permitting reforms to accelerate energy infrastructure and compete with China. These ref...
Oil and Petrochemicals
Natural gas prices rise in the Southeast and Appalachia
Natural gas prices in the Southeast and Appalachia rose on Wednesday, while futures prices fell sharply. These changes a...
Analysis
The Lifting of U.S. Sanctions Could Increase Tanker Rates in Russia
The lifting of sanctions on Russia's shadow fleet tankers could increase maritime transport rates and affect the shuttle...
Economy
The Ship Recycling Market in India Faces Strong Demand
The ship recycling market in India is facing high demand and limited supply of ships. In contrast, the market in Pakista...
Analysis
Seventy-eight oil tankers were registered in the shipbuilding market in 2026
In 2026, 51 oil tankers were registered for the first time in new yards, marking a 34 percent increase compared to the p...
Economy
Baltic Dry Index Rises to Highest Level Since October 13
The Baltic Dry Index rose for the third consecutive day, reaching 2,680 points. This index has maintained its main suppo...
Oil and Petrochemicals
Reopening of Venezuela's Oil Trade and Risk Transfer to Ships
Venezuela's oil trade has faced significant changes in 2026. The country's crude oil exports averaged 870,000 barrels pe...