Economy
Netherlands Calls for End to Mandatory Gas Storage Targets in the European Union
The Netherlands, having spent nearly 1 billion euros this year to fill its gas reserves, is calling for the cancellation...
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Oil and Petrochemicals
Establishment of a Non-Governmental Oil Industry Guarantee Fund in Kish
The non-governmental oil industry guarantee fund will be established with an initial capital of 300 million euros on Kis...
Oil and Petrochemicals
Continuing Production at Abadan Refinery with Favorable Condition of the Injured
Production at Abadan Refinery continues without issues, and the condition of the two injured from the recent incident ha...
Oil and Petrochemicals
Eni Achieves Block Exploration in the Sapukala Marine Block in the Kutei Basin of Indonesia
Eni has successfully acquired a 100% participating interest in the Sapukala marine exploration block in the Kutei Basin...
Oil and Petrochemicals
Technical Failure at Abadan Refinery is Under Control
A technical failure in one of the units of the Abadan refinery caused a loud noise. The situation at the refinery is cur...
Oil and Petrochemicals
Saudi Arabia Sold 100 Million Barrels of Crude Oil to Asia
Saudi Arabia has sold nearly 100 million barrels of crude oil to Asian buyers via the Strait of Hormuz. This sale occurr...
Oil and Petrochemicals
Glenfarne Group Receives Extension Request for Magnolia LNG Project
The Magnolia LNG export project in Louisiana has been extended for another five years for the start and completion of co...
Oil and Petrochemicals
TotalEnergies Approves 350 MMcf/d Natural Gas Project for Nigeria LNG
TotalEnergies is aiding the development of Nigeria's LNG industry by approving a new project with a capacity of 350 mill...
Oil and Petrochemicals
Natural Gas Futures Prices Drop Below $3
Natural gas futures contracts decreased to $3.000 per million BTU. This change occurred as traders awaited the weekly st...
Economy
Baltic Dry Index Increases by 43 Points to 3473
On September 24, 2026, the Baltic Dry Index reached 3473, marking an increase of 43 points. This indicates changes in fr...
Economy
4% Increase in Gas Prices in Europe Due to Hormuz Tensions
Natural gas prices in Europe have increased by 4% due to ongoing tensions in the Strait of Hormuz and a shortage of LNG...
World
World Maritime Day 2026 to be Held by the International Maritime Organization
The International Maritime Organization emphasized the importance of implementing international regulations on the eve o...