Oil and Petrochemicals
Reduction of Oil Withdrawal from Reserves by Chinese Refiners
Chinese refiners will reduce oil withdrawal from their reserves this month. This change is due to the improvement in cru...
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Oil and Petrochemicals
Increase in Oil Transport Insurance Costs in the Black Sea to $2.5 Million
Insurance costs for oil transport vessels in the Black Sea have risen to $2.5 million. This increase in costs puts addit...
Oil and Petrochemicals
Ali Keshvari is hopeful about overcoming energy imbalance challenges in the Ministry of Oil
Ali Keshvari emphasized the continuation of managerial stability in the Ministry of Oil and expressed satisfaction with...
Oil and Petrochemicals
TotalEnergies Continues Diesel Price Reduction in France
TotalEnergies is supporting customers by reducing diesel and heating fuel prices from November 1 to January 31. The comp...
Oil and Petrochemicals
Establishment of API Well Completion Facilities in Saudi Arabia by Viking
Viking Completion Technology has established new facilities in Dhahran, Saudi Arabia, certified by API. These facilities...
Oil and Petrochemicals
OPEC+ Warns of Rising Energy Shipping and Insurance Costs
OPEC+ oil and energy ministers have warned of unprecedented increases in energy shipping and insurance costs due to supp...
Oil and Petrochemicals
Hamid Bord explained the resilience of the oil industry and the reconstruction of the Assaluyeh gas refineries
Hamid Bord, the head of the Ministry of Oil, examined the resilience of the oil industry and the details of the reconstr...
Oil and Petrochemicals
Announcement of the New Feed Rate Formula for Refineries by the Ministry of Oil
The Ministry of Oil has announced a new pricing formula for refinery feed, which includes changes in pricing coefficient...
Oil and Petrochemicals
China's Strategy in Energy Security of Oil and Gas in the Persian Gulf
China, with its strategies in the energy sector and oil security, has significantly managed to prevent the impacts of th...
Oil and Petrochemicals
Brent Oil Price Rises Above $103 in Global Market
The price of Brent crude oil increased by 3.86% to over $103 per barrel. This change could have a significant impact on...
Analysis
Russia and America's Diesel Agreement to Control Fuel Prices
Donald Trump announced an agreement with Vladimir Putin for the supply of Russian diesel to the American market. This ag...
Oil and Petrochemicals
Offering 5.8 Million Tons of Hydrocarbon Products at Iran's Energy Exchange
On October 13, 2026, Iran's Energy Exchange will offer 5 million and 851 thousand and 783 tons of hydrocarbon products....