Technology
Development of Technological Cooperation in the Oil Industry in Line with Digital Transformation
IT managers in the oil industry emphasized the importance of smart technology and cybersecurity in a meeting. The main g...
Latest News in English
Oil and Petrochemicals
Diesel Prices Reach Highest Level in Global Markets
Diesel prices in global markets have reached a new record due to wars and reduced exports. This increase has posed serio...
Oil and Petrochemicals
Iran Announces Its Readiness to Reopen the Strait of Hormuz
Iran has announced that it is ready to reopen the Strait of Hormuz within a week if U.S. pressures are reduced. Oil pric...
Economy
Iran and Turkmenistan's $3 Billion Trade with Gas Swap
The trade relations between Iran and Turkmenistan are evolving with the aim of achieving a $3 billion trade. The natural...
Oil and Petrochemicals
LNG Price Drops in Rotterdam to $1,488 per Ton
The price of LNG in Rotterdam has decreased by $119 to $1,488 per ton. This drop occurred due to an 11% decline in natur...
Economy
Maersk Places Order for 26 Container Ships of 18,000 TEU
By placing an order for 26 container ships of 18,000 TEU worth $8.9 billion, Maersk has intensified the competition betw...
Oil and Petrochemicals
Increase in the Range of Standard Ship Sizes in LNG Price Assessment in Asia-Pacific by Platts
Platts is increasing the range of standard ship sizes to update LNG price assessments in Asia-Pacific. From October 16,...
Rent and Money Laundering
Increase in OFAC Transaction Record Retention Period to Ten Years
The United States government has doubled the retention period for records of transactions under OFAC supervision. This c...
Oil and Petrochemicals
Shipbuilding Orders in China Reach 1210.6 Million Tons
New shipbuilding orders in China increased to 1210.6 million tons in the first half of the year, which is 2.7 times more...
Exclusive Report
27% Increase in Suez Canal Traffic in August 2026
Suez Canal traffic reached 1,358 ships in August 2026, generating revenue of $567.1 million. This growth represents a 27...
Economy
Increase in Soybean Purchases by China Strengthens U.S. Export Outlook
China's purchase of 8.98 million tons of soybeans from the United States for the 2026-27 marketing year has raised expec...
Economy
Reduction of Crude Iron Production to 1.5267 Million Tons in China
Crude iron production in China has reached 1.5267 million tons due to maintenance, indicating an increase of 56,000 tons...