Middle East
Saudi Aramco buys minority stake in company focused on more fuel-efficient gasoline engines
Saudi Aramco has agreed to take a minority stake in a new powertrain engine company that French car maker Renault SA and China's Geely Automobile Holdings Ltd plan to set up jointly.
Editorial Comment: Juggling the increasing global demand for thermoplastics vs. reducing their environmental
If you were to review any forecast for global thermoplastics demand to 2050—high-density polyethylene (PE), low-density PE, polypropylene, polyvinyl chloride and polyethylene terephthalate, among others—chances are that you will see a steady rise in consumption.
How a ban on Russian crude affects EU's refining industry
A look at how a ban on Russian crude affects oil exports and the EU's refining industry
Luberef signs EPC contract for Yanub Growth 2 project
Luberef signs a nearly $150-MM EPC contract to increase Group 2 base oils production in Yanbu.
Kuwait to ramp up refined products exports from the 615,000-bpd Al Zour refinery
Kuwait is set to ramp up refined oil product exports from its new Al Zour refinery in the second half of 2023 to plug Russian shortfalls in Europe and meet growing demand in Asia and Africa.
U.S. targets Iranian petrochemicals, petroleum in fresh sanctions
On Thursday, the U.S. imposed sanctions on companies it accused of playing a critical role in the production, sale and shipment of Iranian petrochemicals and petroleum to buyers in Asia, as Washington increases pressure on Tehran.
Kuwait exports first modified diesel fuel shipment to Europe
Kuwait's National Petroleum Company exported its first shipment of modified diesel fuel to Europe through the Mina al-ahmadi refinery, the oil ministry said on Wednesday.
Technip Energies wins contract to upgrade Aramco’s sulfur recovery facilities at Riyadh Refinery
Technip Energies – as part of its long-term agreement with Aramco – has been awarded a contract to upgrade sulfur recovery facilities at Aramco’s Riyadh Refinery.
UAE companies explore production of sustainable aviation fuel with bp
United Arab Emirates renewable energy company Masdar, state oil firm Abu Dhabi National Oil Company (ADNOC) and oil major BP agreed to conduct a joint feasibility study on exploring the production of SAF in the UAE.
Aramco sees increased Chinese demand for fuel
Saudi Arabian state oil producer Aramco sees increased demand for fuel from China and is discussing investments in petrochemicals with Chinese companies.
- LanzaJet expands partnership with Microsoft to strengthen the company’s global growth 6/13
- Phelan Green Group's $2.6-B eMethanol project remains on schedule 6/13
- Algeria launches $7-B investment plan to expand hydrocarbon processing 6/13
- 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
