Middle East
Samsung Engineering receives FEED contract for Saudi Petrochemical Project
Samsung Engineering, a world leading engineering solutions and project management company, announced today that it received the Notice of Award for the FEED contract of a PDH, PP, UTOS plant from Alujain National Industrial Co. in Saudi Arabia.
Kuwait's oil exports shift from crude oil to petroleum products
Kuwait’s oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data in the .recently updated Country Analysis Brief: Kuwait
Worley awarded FEED for QatarEnergy LNG’s largest CO2 sequestration project
Worley has been selected to develop the Front-End Engineering Design for QatarEnergy LNG’s CO2 sequestration project in Ras Laffan, Qatar.
Fire at Kuwait's Mina Al Ahmadi refinery put out, production, exports unaffected
Firefighters managed to put out a fire at Kuwait's Mina Al Ahmadi oil refinery with no injuries, a state news agency said, adding that production and exports were unaffected.
Russian oil producers send CPC Blend to UAE, open new export route
Russian oil producers supplied their first cargoes of CPC Blend crude to the UAE in August and September opening up a new export route as Moscow looks to find new customers and skirt Western sanctions.
Kenya extends oil supply agreement with three Gulf companies
Kenya has extended an oil supply deal with three Gulf-based companies, which is designed to manage demand for dollars.
Iran's Revolutionary Guards seize two ships smuggling 1.5 MM liters of fuel
Naval forces of Iran's Revolutionary Guards have in recent days seized two Panama-flagged ships smuggling a total of 1.5 million liters of fuel.
OPEC says IEA estimate of peak fossil fuel demand by 2030 not 'fact-based'
The Organization of the Petroleum Exporting Countries said data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.
Global diesel shortage boosts prices
Global distillate fuel oil inventories remain much lower than normal for the time of year which is putting strong upward pressure on fuel prices.
As Saudi oil cuts raise prices, Asia refineries buy elsewhere
Refiners across the top-importing region of Asia are being forced to adapt buying patterns as the additional output cuts by Saudi Arabia have reduced availability of their preferred medium sour grades of crude.
- AFPM/API: President Trump officially overturns California (U.S.) gas car ban 6/12
- Decision on oil refiner Italiana Petroli's sale expected around end-June 6/12
- EIA: U.S. crude stocks fall, gasoline and distillate inventories rise as refining activity increases 6/12
- AB Foods holds off bioethanol plant closure decision until June 25 6/12
- EU to subsidize high volume of greener aviation fuel to boost airline demand 6/12
- Solvay, Veolia inaugurate new unit for recycling industrial flue gas treatment residues in Meurthe-et-Moselle, France 6/12
