Middle East
Fire breaks out at refinery in Iranian city of Isfahan
A fire at a crude oil distillation unit at a refinery in the central Iranian city of Isfahan injured four people.
OMV, ADNOC close to agreeing deal for chemicals company tie up
Abu Dhabi National Oil Co is closing in on a deal with Austria's OMV to combine two entities in which the companies own stakes to create a chemicals giant.
Aramco to acquire a 40% stake in Gas & Oil Pakistan
Aramco, one of the world’s leading integrated energy and chemicals companies, signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd.
Tanker in Red Sea targeted by speedboat gunfire and missiles
A tanker in the Red Sea off Yemen's coast was fired on by gunmen in a speedboat and targeted with missiles, maritime sources said, the latest incident to threaten the shipping lane after Yemeni Houthi forces warned ships not to travel to Israel.
Solvay and ENOWA plan to build first carbon-neutral soda ash plant in NEOM before 2030
Solvay is partnering with ENOWA, NEOM’s energy and water company, to establish the world’s first carbon-neutral soda ash production facility in NEOM, Saudi Arabia.
OQ signs nine agreements to establish $88-MM industrial projects in the Ladayn Polymer Park in Suhar
OQ Refineries and Petrochemical Industries, a subsidiary of OQ, the global integrated energy group, signed nine investment agreements with a total worth of approximately $88 MM to establish industrial projects in the Ladayn Polymer Park in Suhar Industrial City.
Fire causes two explosions at refinery in eastern Iran
A fire at a small refinery in eastern Iran's Birjand special economic zone caused two explosions and remains out of control.
Global airlines body urges oil sector to invest more in sustainable fuel
The oil and gas sector and alternative fuel producers need to beef up efforts to produce greener aviation fuel to help airlines cut carbon emissions.
Iran Revolutionary Guards seize two vessels smuggling 4.5 million liters of fuel
Iran's Revolutionary Guards' Navy have seized two vessels smuggling 4.5 million liters of fuel.
Kuwait's al-Zour refinery now fully operational
Kuwait Integrated Petroleum Industries Company said in a statement that the third and final units at the al-Zour refinery are now operational.
- Asian gasoline margin spikes to highest since August 2023 11/14
- Lukoil-Moldova grants free use of airport fuel terminal to government amid U.S. sanctions 11/14
- Croatia rejects Russian vacuum gasoil cargo after U.S. sanctions 11/14
- Bulgaria wins UK sanctions reprieve on refinery, petrol stations 11/14
- China's Sinochem shuts one crude unit at Quanzhou after fire 11/14
- Enbridge approves $1.4-B project to boost Canadian oil flows to U.S. refiners 11/14
