Construction
TA’ZIZ awards $1.99-B EPC contract to build one of the world’s largest PVC complexes
TA’ZIZ announced the award of a $1.99 billion engineering, procurement and construction to build the UAE’s first, and among the top three largest integrated single-site polyvinyl chloride production complexes in the world.
BPCL, Oil India to build $11-B refinery, petchem complex in southern state
Oil India is considering taking a 10%–20% stake in the planned refinery in Andhra Pradesh state, while BPCL is seeking additional partners for the project.
Nigeria's Dangote refinery plans to expand to 1.4 MMbpd
The $20-B refinery on the outskirts of Lagos started operations in January 2024 and aims to end imports of refined petroleum products by Africa's biggest crude oil producer.
Egypt's Suez Canal Authority signs $2-B petrochemical complex deal
The first phase of the project aims to primarily produce polypropylene along with hydrogen.
Gevo gets extension on U.S. energy department's loan commitment for SAF project
The extension granted by the department's loan programs office pushes the deadline to April 16, 2026, allowing time to evaluate potential changes to the project scope.
Indian-backed oil refinery in Mongolia should begin operations in 2028
Mongolia's first oil refinery is being built with a $1.7-B Indian line of credit and will have the capacity to process 1.5 metric MMtpy of crude oil, or 30,000 bpd.
Ebara Elliott Energy completes 100-MW power upgrade
The extensive project involved a close collaboration with First Energy and the installation of a new power line, including a Main 138-Kv breaker, a 100-MVA power transformer, and a series of capacitor banks.
- Indian Oil buys first Colombian oil under Ecopetrol contract 12/31
- Ukrainian drone attack sparks fire, damages equipment at Tuapse refinery 12/31
- Chile's $2.5-B Volta green ammonia project wins environmental permit 12/31
- China begins issuing second batch of 2026 crude import quotas to refiners 12/31
- EIA: U.S. crude, fuel inventories rose in the week ended December 19 12/30
- Ghana's Tema oil refinery restarts after 9-yr shutdown 12/30

