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The word oil comes from Latin petra, “rock” and oleum, “oil“. Known for more than 4000 years, oil has been […]

Oil types that are valid in the Petroleum Market and used by refineries are divided into three. These are Brent,

The Organization of Petroleum Exporting Countries  OPEC is an intergovernmental organization of 13 countries. Founded in Baghdad on September 14, 1960,

Pipeline transport is the long-distance transport of a liquid or gas through a piping system, typically to a market place

It is the underwater extension of the land that forms the country geologically and is up to the continental line

Freight rate is the price at which a particular cargo is delivered from one point to another. The price depends

In a legal sense, it refers to penalties or other means of enforcement used to encourage obedience to laws, legislations,

What is the IMO 2020 ? 1 Jan 2020 IMO regulations. New Marine Fuel Sulphur Regulations, you can find IMO 2020 details in this page

Piracy is a robbery, or criminal act of violence by attackers, for the purpose of stealing valuable cargo carried by ship

It’s a familiar phrase used to describe the world’s six or seven largest publicly traded oil and gas companies, and