On Saturday afternoon, the Odfjell tanker Bow Jubail struck a jetty at the Port of Rotterdam, rupturing her hull and releasing an estimated 220 tons of bunker fuel into the water. No injuries were reported, and she berthed without further incident.
News ID: 80091 Publish Date : 2018/06/25
Oil can be considered as the most political commodity of the modern world, because today this black material is one of the main aspects of the world political relations. Therefore, since politics always shadowed this market, the oil market can be considered the most unpredictable market in the world, because it is more affected by external factors than its internal factors. The same external factors cause the price of black gold to increase to over $130 per barrel and go down below $30 per barrel within a short time. So the future of this market has always been in a state of ambiguity.
News ID: 80023 Publish Date : 2018/05/19
Japan imported 25.278 million barrels of crude oil from the UAE in September 2017, according to data released by the Agency of Energy and Natural Resource in Tokyo.
News ID: 77153 Publish Date : 2017/11/06
France is set to present a new law on Wednesday banning the production and exploration of oil and natural gas by 2040 on its mainland and overseas territories.
News ID: 76236 Publish Date : 2017/09/12
Oil and gas will be crucial components of the world’s energy future, according to DNV GL’s forecast of the energy transition.
News ID: 76162 Publish Date : 2017/09/09
A.P. Moller-Maersk's main sea freight business faces the threat of a new price war in a consolidating industry, though the company has been fortified by the $7.5 billion sale of its oil and gas business to France's Total Reuters reported.
News ID: 75885 Publish Date : 2017/08/26
A think tank that advises the Russian government on taxes and energy-related issues said on Wednesday it expects the country's oil exports to fall this year thanks to a global deal to cut output, contrasting with official forecasts for a rise.
News ID: 75181 Publish Date : 2017/07/25
Ezra Holdings Ltd., a Singapore-listed offshore services group, filed for bankruptcy protection in the U.S. from hostile creditors as the energy support sector struggles from three years of weak oil prices.
News ID: 74016 Publish Date : 2017/05/20
THE 299,167 dwt Iranian oil tanker Dune is on its way to make a rare delivery of crude oil at Indonesia’s Cilacap refinery, opening up a new trade route and a new Asian market for the Middle Eastern oil producer.
News ID: 72375 Publish Date : 2017/02/15
President Rouhani made the remarks in an interview with reporters as five documents for cooperation were signed by senior Iranian and Kazakh officials on Thursday.
News ID: 71083 Publish Date : 2016/12/24
International market development, the main target of NITC, one of the biggest fleets worldwide, has been considered a pillar of power for Iran and has managed to successfully move forward in the realm of oil tankers despite the numerous rivals and tough competition in energy market.
News ID: 70564 Publish Date : 2016/11/27
An explosion at a Pakistani shipbreaking yard that claimed the lives of more than two dozen workers is believed to have been caused by sizable amounts of smuggled oil that caught fire, local reports said.
News ID: 70478 Publish Date : 2016/11/22
National Iranian Oil Company (NIOC) and Norwegian company DNO signed Memorandum of Understanding (MoU) to launch exploration at Changoleh oil field on Wednesday afternoon.
News ID: 70411 Publish Date : 2016/11/20
Pakistan's Ambassador Stated:
Referring to trade capacity of the two countries, Pakistan's ambassador on a visit to Chabahar stated that execution of joint power and energy projects with the purpose of an increase in Tehran-Islamabad's transactions worth five billion dollars is top of the agenda.
News ID: 70364 Publish Date : 2016/11/17
The package of investment in the Integrated Project for Development of the Oil and Gas Fields of the National Iranian Offshore Oil Company (IOOC) has been compiled while taking the prioritized projects and plans into consideration.
News ID: 70139 Publish Date : 2016/11/07
:Roundtable talks on Advantages of Iran’s Petrochemicals Products Exports
Petrochemical products as the largest section of country’s non-petroleum exports have given rise to foreign currency reinforcement. Significant advances in these products which are considered as a part of downstream oil and gas industry of the country meet the required measurements of attractions for foreign investors.
News ID: 70129 Publish Date : 2016/11/09
A huge explosion of an oil tanker at a shipbreaking yard in Gaddani, Pakistan has killed at least 12 workers and injured more than 50 others, reports said.
News ID: 70025 Publish Date : 2016/11/02
A federal judge ordered two companies owned by a Greek shipping magnate to pay $1.5 million after a jury found that a cargo ship deliberately pumped oil -polluted water into the ocean.
News ID: 69791 Publish Date : 2016/10/24
AP Moller – Maersk is to split in two following a strategic review with one division focused on integrated transport and logistics, and another on energy.
News ID: 69095 Publish Date : 2016/09/25
The Malta-flagged oil tanker Seadelta has departed Libya’s port of Ras Lanuf carrying 781,000 barrels of crude oil as exports at the port resumed for the first time since 2014, Bloomberg cited sources close to the matter.
News ID: 69069 Publish Date : 2016/09/23