Oil and Petrochemicals
Decrease in Brent and WTI Crude Oil Prices in Recent Trades
The price of North Sea Brent crude oil and U.S. WTI reached $102.58 and $90.41, respectively. Analysts consider developm...
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Oil and Petrochemicals
Transocean Adds $1.1 Billion to Its Offshore Drilling Contracts
Transocean has added $1.1 billion to its offshore drilling backlog with the final confirmation of a $1 billion contract...
Oil and Petrochemicals
Australia Unveils Final LNG Storage Program for Domestic Buyers
Australia is preparing to release the final version of a controversial program that requires liquefied natural gas produ...
World
Marco Rubio Warns of Potential Escalation of the Ukraine War
Marco Rubio, the U.S. Secretary of State, warned about the escalation of the Ukraine war and its potential transformatio...
Oil and Petrochemicals
Petronas Increases Malaysia's Dividend by 19% to $7.8 Billion for 2027
Petronas, the oil company, is taking a new step to strengthen its financial position by increasing its dividend by 19% t...
Oil and Petrochemicals
Nasrallah Pejmanfar Evaluated the Reconstruction of Phase 14 of South Pars Refinery as Favorable
Nasrallah Pejmanfar, during his visit to the Phase 14 South Pars Refinery, described the reconstruction process of the d...
Oil and Petrochemicals
BKV Plans to Produce 1.2 Gigawatts of Natural Gas Power Near Dallas
BKV has secured 1,200 megawatts of natural gas power generation equipment with funding from a major investor. This initi...
Oil and Petrochemicals
Pezeshkian Considered Energy Cooperation Among Regional Countries Essential
Masoud Pezeshkian emphasized the necessity of increasing energy and trade cooperation among regional countries at the me...
Oil and Petrochemicals
Futures Prices of Natural Gas Drop as Storm Isaias Approaches Gulf Coast
Futures prices of natural gas fell on Friday morning as Storm Isaias approaches the Gulf Coast. This storm has halted na...
Economy
Baltic Dry Index Drops by 56 Points to 2917
The Baltic Dry Index has decreased to 2917 points. This index monitors the prices of various shipments globally on a dai...
Oil and Petrochemicals
Increase in Transportation Costs of Crude Oil from America to Asia to 82 Million Dollars
Unprecedented transportation costs of crude oil from the Gulf Coast of America to Asia have led to a decrease in the pur...
Technology
BIMCO Approves Amendment to Support Investment in Energy Upgrade Projects
BIMCO has approved a new amendment to facilitate the installation of energy-saving devices during the charter period of...