Middle East
Saudi's Aramco offers more vacuum gasoil supplies for May
Saudi Aramco offered more VGO supplies to be exported from its Jizan refinery in May in a sign that the refinery is yet to ramp up to full output.
Global diesel prices fall as economic slowdown intensifies
Global prices for middle distillates such as gas oil and diesel are falling as the economy slows, more refineries come onstream, and exports from Russia are re-routed and replaced by fuel from the Middle East.
Brooge Energy announces completion of technical study for green ammonia plant
Brooge Energy Ltd announced that the technical study of its green hydrogen and green ammonia plant conducted by thyssenkrupp Uhde has been completed and delivered.
Baker Hughes announces major LNG order from QatarEnergy for the North Field South Project
Baker Hughes announced an order to be booked in the first quarter of 2023 with longtime partner QatarEnergy to supply two main refrigerant compressors for the North Field South project, which will be executed by Qatargas.
Borouge supplies materials worth $32 M for mega projects in the Middle East and Africa
Borouge Plc is supplying sustainable ‘Made in UAE’ polyethylene materials worth $32 M that are used in several development projects across the Middle East and Africa regions.
Saudi Aramco boosts China investment with two refinery deals
Saudi Aramco raised its multi-billion dollar investment in China by finalizing and upgrading a planned joint venture in northeast China and acquiring an expanded stake in a privately controlled petrochemical group.
ADNOC to explore low carbon ammonia value chain in Germany’s North Rhine-Westphalia
ADNOC announced today that it will explore opportunities to support the climate-neutral transformation of industry through the creation of a low-carbon ammonia value chain with state government and industry representatives in Germany’s North Rhine-Westphalia.
Russia diesel exports to Brazil, Turkey and Africa seen hitting new high
Russia's diesel and gasoil shipments to Brazil, Turkey and Africa were heading to new record highs in March as traders pushed into new markets following an EU ban on Russian oil products.
Saudi Aramco to open new China refinery-petchem complex in 2026
Saudi Aramco and its Chinese partners aim to start full operations at a refinery and petrochemical project in northeast China in 2026 to meet the country's growing demand for fuel and petrochemicals.
Elliott Group announces opening of new service center in Saudi Arabia
Elliott Group is pleased to announce the opening of Elliott Gas Services Saudi Arabia (EGSSA), which is the product of a joint venture between Elliott and GAS Arabian Services.
- Verso Energy awards FEED contract to Rely for the DEZiR eSAF project 11/17
- Iran confirms seizure of tanker with petrochemical cargo headed for Singapore 11/17
- 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
