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A service for energy industry professionals · Sunday, July 20, 2025 · 832,356,925 Articles · 3+ Million Readers
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  • Published on July 20, 2025 - 07:07 GMT

    Massive Fire Breaks Out at Oil Refinery in Iran

    (MENAFN) A significant fire broke out on Saturday at the Abadan oil refinery located in Iran’s southwestern Khuzestan province, according to an Iranian news outlet. Nine firefighting teams rushed to the scene to battle the blaze, which originated in unit …

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  • Published on July 20, 2025 - 03:04 GMT

    UK, EU Reduce Russian Oil Price Cap

    (MENAFN) The United Kingdom and European Union on Friday jointly declared a major cut in the price ceiling for Russian crude oil exports, aiming to strike at "targeting Putin's critical oil revenues." This ceiling has dropped from $60 to $47. …

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