Oil and Petrochemicals
43% Increase in Refinery Profits with New Feedstock Rate
The new feedstock rate guideline could increase the annual profits of listed refineries by up to $5 billion. Studies sho...
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Oil and Petrochemicals
Afentra Updates Its Drilling Program at the Impala-2 Field in Angola
Afentra plc has updated its drilling program at the Impala-2 field located in Block 3/05, Angola, and is aiming to achie...
Technology
Development of Underground Battery Monitoring Technologies by Ultralife
New monitoring technologies for underground batteries help drilling operators better understand underground conditions a...
Oil and Petrochemicals
Fluctuations in Energy Prices in the Global Market and the Rise of the OPEC Basket
In the recent fluctuations of the energy market, the OPEC basket increased by 4.53 units to reach a price of $114.0. Mea...
Oil and Petrochemicals
Manouchehr Habibi Described Kermanshah's Capacities for the Development of Petrochemicals and Agriculture
Manouchehr Habibi, the Governor of Kermanshah, described the border, industrial, and agricultural capacities of the prov...
Oil and Petrochemicals
Brent crude oil price drops to $105.35 and West Texas to $92.49
The price of Brent crude oil has decreased to $105.35 and West Texas Intermediate to $92.49. This price correction is du...
Economy
2.2% Decrease in the Baltic Index in the Dry Cargo Market
The Baltic Index reached 2852 points on Monday, marking the lowest figure since August 21. The Capesize index also fell...
Oil and Petrochemicals
Increase in Diesel Demand Benefits Product Tankers in the Global Market
New analyses indicate that diesel demand from Europe has risen due to a shortage of supply from traditional sources. Thi...
Technology
Inmarsat's Expert Panel Emphasized the Digitalization of Maritime Transport
An industrial expert panel at Inmarsat's 'Connected to Performance' seminar in Hamburg emphasized the necessity of digit...
Analysis
Increase in Shipping Rates in Russia's Shadow Fleet in the Black Sea
Shipping rates in Russia's shadow fleet have significantly increased in the Black Sea. This increase is due to attacks o...
Economy
Andrea Monti analyzes that the decline in maritime rates does not mean a return to predictable services
Andrea Monti, CEO and Chief Executive of Sogese, sees the decline in rates as an opportunity for carriers, but warns of...
Economy
Gradual Return of Capacity in International Shipping with Trip Cancellation Tracker
Analyses indicate that shipping capacity is gradually returning; however, price pressure on main routes has increased.