Oil and Petrochemicals
Ukraine's Attack on the Novokuibyshevsk Oil Refinery in Russia
The Novokuibyshevsk refinery in the Samara region of Russia was damaged following an attack by Ukrainian forces. This at...
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Revelation
The Smell of Steak at 'Charlie' Dubai, the Sound of Ice in Glasses: Three Oil Trusts Celebrated, One Representative Became a Shield
The yellow light of the restaurant spills onto the glossy table, ice swirls in the glasses, and three people — Razavi, M...
Europe
The European Union Seeks to Reduce Fuel Prices and Strengthen Energy Security
The European Union is working to strengthen supply security this winter by increasing production and reducing energy bil...
Oil and Petrochemicals
Surge in Crude Oil Prices; Brent Oil Reaches $113 and American Oil Hits $104
The global energy market faced an increase in crude oil prices last week. Brent oil reached $113 and American oil hit $1...
Oil and Petrochemicals
15 Percent Increase in West Texas Crude Oil Prices in October
The price of West Texas Intermediate crude oil rose by 15.2 percent in October, reaching $104.12 per barrel. Additionall...
Economy
Iran Faces Serious Challenges in Gas and Electricity Supply as Winter Approaches
As winter 1405 approaches, Iran is facing serious warnings regarding gas and electricity supply. The recent war has caus...
Economy
34% Increase in Gasoline Prices and 74% Increase in Heating Oil Prices in the United States
High energy prices in the United States are fueling a political crisis on the eve of the midterm elections. Gasoline and...
Oil and Petrochemicals
Search Continues for Two Missing Crew Members After the Sinking of Prospector 5
The search for two missing crew members of the Prospector 5 drilling rig off the coast of Gabon continues. The rig sank...
Analysis
Increase in Natural Gas Prices in San Juan Due to EPNG Outages
Recent outages in the EPNG gas transmission network have led to an increase in natural gas prices in San Juan. This pric...
Oil and Petrochemicals
The Chinese government will defend the legal rights of companies purchasing Iranian oil
The Chinese government announced that it will respond to new U.S. sanctions against Chinese companies purchasing Iranian...
Oil and Petrochemicals
Brent Oil Price Rises to $118 Amid New Tensions Between the U.S. and Iran
As the U.S. midterm elections approach, the price of Brent oil reaches $118 per barrel. New tensions in the Strait of Ho...
Oil and Petrochemicals
Major Oil Companies Earned $56 Billion in Profit from Rising Fuel Prices
Major oil companies earned over $50 billion in profit due to rising fuel prices stemming from tensions in the Persian Gu...