Indonesia seizes Iranian oil tanker
An Indonesian coast guard boat conducts an inspection near the Iranian ship MT Arman. Indonesian coast guards seized an Iranian oil-laden ship. The oil tanker named ‘MT Armaan 114’ contained…
A fire broke out in the oil refinery of Bandar Abbas
Bandar Abbas Oil Refinery, file photo A fire broke out in the oil refinery of the city of Bandar Abbas in Iran, according to the Iranian news agency, there was…
Yemen: Transfer of oil from decaying ship expected to start next week
Carrying over 1.1 million barrels of oil, the supertanker FSO Safer was abandoned off Yemen’s Red Sea port of Hudaydah after the civil war broke out in the country in…
The Taliban government started working on oil production
bill to: The Taliban government in Afghanistan has started the process of extracting oil from wells in the north of the country. According to Afghanistan’s official media Bukhtar News Agency,…
Russia did not give oil to Pakistan at subsidized rates
It was agreed that the payment will be made in the currencies of friendly countries, Minister of Energy. Photo file Moscow: Russia has said that it has not given any…
Iran’s oil exports hit 5-year high
Iran’s oil cargo, file photo Despite US sanctions, Iran’s oil exports hit a new milestone in 2023. According to the foreign news agency, consultants, shipping data and sources related to…
Our way is open to trade crude oil in Chinese currency, Chinese Foreign Ministry
The Chinese Ministry of Foreign Affairs says that in principle, our way is open for the trade of crude oil in Chinese currency. The Chinese Foreign Ministry has given this…
Apart from oil, the development of other sectors is also on the rise
Riyadh: Apart from oil, Saudi Arabia is also developing in other sectors. The non-oil GDP of the country is expected to increase significantly in the second quarter of this year.…
Crucial decision by UAE and Kuwait to cut oil production
The United Arab Emirates and Kuwait have decided to continue voluntary cuts in oil production in line with the quotas set at the OPEC Plus meeting. According to foreign media,…
An explosion at an oil depot in the United Arab Emirates; 2 people were killed
Diesel tank explodes in UAE; Photo: File Abu Dhabi: A terrible fire broke out in an oil depot in the industrial area of the United Arab Emirates, resulting in the…