Oil and Petrochemicals
LNG Canada Continues to Provide Sustainable Gas at the Kitimat Terminal
LNG Canada continued to provide sustainable gas for its export terminal in Kitimat, British Columbia in September 2023,...
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Oil and Petrochemicals
Guyana's Oil Production Grows to 908,000 Barrels per Day by 2026
Guyana's oil production has reached 908,000 barrels per day and is expected to exceed one million barrels by the end of...
Oil and Petrochemicals
Iran Opens the Strait of Hormuz to China and India
Iran has opened the Strait of Hormuz to oil tankers from China and India. This action comes in the wake of U.S. sanction...
Oil and Petrochemicals
Natural Gas Futures Prices Drop Ahead of Storage Report
Natural gas futures prices fell on Thursday, unable to continue the upward trend from Wednesday. This situation comes ah...
Revelation
Shana Scene; A Morning of 'Introduction' That Exposed the Money Trail and Oil Podium
One morning at Shana and one podium at the official Ministry of Oil meeting was enough to reveal the flow of signatures...
Economy
A 20% Reduction in Energy Consumption by the Government Will Support Production
Masoud Pezeshkian emphasized the optimal management of energy consumption in government agencies. A 20% reduction in ene...
Oil and Petrochemicals
Seadrill's $3.3 Billion Revenue with the Filling of Drilling Rig Capacity for 2027
Seadrill achieved $3.3 billion in revenue with 85% capacity of drilling rigs for 2027. A new contract in Indonesia worth...
Economy
4% Increase in the Baltic Dry Freight Index
The Baltic Dry Freight Index increased by 4% to reach 2694 points. This increase is due to rising prices in larger ships...
Economy
7% Decrease in Coal Exports to India with Limited Improvement Forecast
Coal exports to India have decreased by 7% this year due to low demand and the impact of currency fluctuations. Demand i...
Economy
The Danger of Decreasing Gas Reserves in Europe Due to Arctic Disruption
Disruption in the Arctic may lead to increased heating demand and the risk of decreasing natural gas reserves in Europe....
Oil and Petrochemicals
Destruction of Four Oil Tankers in the Strait of Hormuz After Colliding with Mines
Four oil tankers in the Strait of Hormuz caught fire after colliding with mines. This incident occurred following Iran's...
Economy
Joachim Nagel Announced the Possibility of Interest Rate Hike in December
Joachim Nagel, a member of the Governing Council of the European Central Bank, raised the possibility of an interest rat...