Economy
Lewis will continue as CEO of Uniper for another 5 years
The CEO of Uniper will remain in this position for another 5 years. This decision was made to maintain leadership stabil...
Latest News in English
Oil and Petrochemicals
Adding Four Offshore Drilling Rigs to the Continental Shelf Oil Fleet
Four offshore drilling rigs will be added to the country's continental shelf oil fleet. These rigs are particularly sign...
Economy
Pakistan's Economic Growth Declines Due to Hormuz Crisis
Pakistan's economic growth has decreased to 2.0 percent in the final quarter of the fiscal year 2026, due to the energy...
Oil and Petrochemicals
Kistos Brings Balder Phase V Field and King Well Online
Kistos reported an average daily production of 18,500 barrels of oil equivalent (boed) in the third quarter of 2023. The...
Oil and Petrochemicals
Shapna Announces Details of the Impact of the New Pricing Guidelines
Isfahan Oil Refining Company, symbolized as Shapna, has published details of the new pricing guidelines for crude oil an...
Economy
Russia's Wheat Exports Reach 3 Million Tons in October
Wheat remains at $6.6 per bushel and Russia's wheat exports are on the rise. Forecasts indicate a high wheat harvest in...
Economy
The Need for Policy Attention to Reduce Price Pressures in America
Kevin Hassett, the director of the White House National Economic Council, announced that reducing price pressures in Ame...
Economy
China's Economic Growth Reaches 4.5 Percent in the Third Quarter
China's economic growth increased to 4.5 percent in the third quarter of this year. The country's GDP reached 107.11 tri...
Oil and Petrochemicals
Zelensky Announces Condition to Halt Attacks on Russian Oil Facilities
Volodymyr Zelensky, the President of Ukraine, announced that he might stop attacks on Russian oil refineries if he recei...
Oil and Petrochemicals
Establishment of a Large Oil Refinery in Afghanistan by the Ministry of Mines and Petroleum
The Ministry of Mines and Petroleum of Afghanistan is working to increase the country's oil production capacity by estab...
Oil and Petrochemicals
Biden Seeks a Tougher Approach Toward Saudi Arabia
OPEC's decision to cut oil production has put more pressure on Biden. This economic pressure is pushing him toward a str...
Oil and Petrochemicals
Decrease in Canadian Oil Prices Against Rising Global Oil Prices
Brent crude oil for delivery in December reached $109.50 per barrel, while Canadian oil faced a sharp price decline.