Middle East
Saudi Aramco, Iraq's SOMO halt crude sales to Indian refiner Nayara
The halting of supply from the two Gulf exporters means Nayara, majority-owned by Russian entities including oil major Rosneft, relied entirely on Russia for its crude oil imports in August.
Khwarizmi reforming catalysts in both mega modules of Kharrazi unit, Mobarakeh Steel Co.
This operation was carried out under unique conditions, as the Kharrazi A Mega Module was the first unit in the country to be designed and executed with a change in reformer tube size from 10 in. to 11 in.
Commercial Bank partners with DHL Express Qatar to launch GoGreen Plus sustainable shipping offer
This offer is anchored in DHL’s GoGreen Plus product, which focuses on reducing the carbon footprint of global logistics by incorporating sustainable aviation fuel (SAF) in the time-definite international shipments.
Iraq raises refining capacity to 1.3 MMbpd
The move should bring Iraq closer to achieving "self-sufficiency of petroleum products", and reduce the burden of importing petroleum derivatives.
India's Reliance makes rare fuel oil purchase from HPCL
Reliance Industries has in recent weeks made rare fuel oil purchases from state-run Hindustan Petroleum Corp. The purchases suggest the operator of the world's largest refining complex is diversifying its fuel oil sources as India comes under heavy pressure from the U.S. over its energy ties with Russia.
India's IOC buys 7 MMbbl of U.S., Middle East crude after Russian oil pause
IOC's large spot crude purchase comes after the arbitrage window for U.S. crude to Asia opened and as Indian state refiners paused buying of Russian crude oil on narrowing discounts.
Trump threatens secondary sanctions on Russian oil exports, tariffs to reach as high as 100%
U.S. President Donald Trump unexpectedly shortened his deadline for hitting Russia with the most severe sanctions on its oil exports to date. While the market has called the president’s bluff thus far, the sheer scale of the threat may force investors to start pricing in this meaningful tail risk.
U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses
The shake-up in trade flows reflects a shortage of medium and heavy crude grades at the key Gulf Coast refining hub, which has struggled in recent months to secure adequate supplies amid Mexican production and quality challenges, and Washington's pressure strategy on Venezuela's sanctioned energy industry.
Saudi Arabia solidifies international partnerships to export renewable energy, green H2 to Europe
The agreements and MoUs were signed during the Renewable Energy and Green Hydrogen Export Workshop, led by ACWA Power under the supervision of the Ministry of Energy.
U.S. firms to develop Syria energy masterplan after Trump lifts sanctions
U.S.-based firms Baker Hughes, Hunt Energy and Argent LNG will develop a masterplan for Syria's oil, gas and power sector, in a partnership aimed at rebuilding energy infrastructure shattered by 14 years of civil war.
- Steel cut for Yara Eyde: The world’s first ammonia-powered container ship 9/5
- Ukraine says it attacks Russian refinery at Ryazan, oil depot at Luhansk 9/5
- U.S. crude stockpiles rise as refineries begin maintenance 9/5
- Delta partners with Shell and the Port of Portland for commercial-scale SAF uplift at Portland International Airport 9/5
- Next-generation pyrolysis line drives global chemical recycling of waste plastics 9/5
- Moleaer partners with Xylem to globally scale nanobubble technology for water treatment 9/5
