Middle East
Shift to gas: A contribution on the path to sustainability
The COP21 event left the world with new mandates to develop and implement low-emissions energy sources to power the global economy. To limit global warming, the world must increase the use of resources like natural gas, which offers a quick, relatively clean and inexpensive interim step in the global transition from high-emissions resources to renewable energy sources.
Qatargas announces commercial start-up of Laffan Refinery 2
DOHA, Qatar -- Qatargas announced the commercial start-up of Laffan Refinery 2, marking an expansion of refining capacity in the State of Qatar. The project will refine 146,000 bpd of condensate from the North Field, the largest non-associated natural gas reserve in the world.
Egypt seeks to import crude directly from Iraq
CAIRO (Reuters) -- Egypt's Petroleum Minister Tarek El Molla said his country was seeking to reach an agreement with Iraq over importing crude oil directly and that he hoped to finalize the deal by the first quarter of 2017.
Saudi Aramco, Pertamina sign JV agreement for refinery project
Saudi Aramco and PT Pertamina, Indonesia’s state oil and gas company, signed a JV development agreement (JVDA), enabling further progress to jointly own, upgrade and operate the Cilacap Refinery in central Java, Indonesia.
Saudi Arabia crude exports fall, refined products rose
DUBAI (Reuters) -- Saudi Arabia's crude oil exports fell in October by 176,000 bpd from the month before, despite high production, but its refined products shipments rose as the kingdom expands its refining power, official data showed on Monday.
Angola could hold tenders for all fuel imports next year
(Reuters) -- Sonangol, Angola's state-controlled oil company, said on Monday it could hold tenders for all fuel imports next year to cut costs, the Financial Times reported.
By shielding biggest buyer Asia from supply cuts, OPEC risks prolonging fuel glut
SINGAPORE (Reuters) -- OPEC's efforts to hold market share in Asia by keeping its customers, which take about two-thirds of its exports, supplied amid wider output cuts could prolong the global fuel glut and frustrate its attempt to bolster prices.
Tecnicas Reunidas wins Aramco Ras Tanura clean fuels contract
KHOBAR, Saudi Arabia (Reuters) -- Spanish engineering and construction firm Tecnicas Reunidas has won a contract from Saudi Aramco to build a clean fuels unit at its Ras Tanura refinery in Saudi Arabia, three industry sources said on Thursday.
CNOOC to start new Huizhou refinery in Q2, plans Saudi supply
BEIJING (Reuters) -- China National Offshore Oil Corp, or CNOOC, is expected to start operating a new refinery in southern China in the second quarter of 2017, with Saudi Arabia as the potential crude supplier, three sources familiar with the plan said on Wednesday.
PKN ORLEN, Iranian Oil agreement commences
PKN ORLEN has purchased 1 million barrels of Iranian Light oil. It will be delivered to Naftoport in Gdańsk in January, to be then transported to the PKN ORLEN refinery in Płock.
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
- KBC launches Visual MESA Energy Management System 7.3 11/18
- MHI Compressor secures steam turbine contract at Baton Rouge (U.S.) olefins plant 11/18
