Middle East
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.
TA’ZIZ and Proman sign shareholders’ agreement to develop UAE’s first methanol facility
The facility has an anticipated annual capacity of up to 1.8 MMt and will meet growing domestic and international demand for this clean and versatile chemical commodity.
ADNOC allocates $15 B to low-carbon solutions, new energies and decarbonization technologies
The announcement follows the guidance by ADNOC’s Board of Directors in November 2022 to accelerate delivery of its low-carbon growth strategy and the approval of its Net Zero by 2050 ambition.
ADNOC Acquires 24.9% Stake in OMV
Abu Dhabi National Oil Company (ADNOC) and Mubadala announced a transaction involving OMV, a global energy and chemicals group, headquartered and listed in Vienna, Austria.
ADNOC accelerates delivery of low carbon growth strategy to continue responsibly meeting global energy needs
ADNOC is accelerating operationalization of its board mandated low carbon growth strategy, by establishing a new Low Carbon Solutions and International Growth vertical that will focus on renewable energy, clean hydrogen and carbon capture and storage.
Hot oil pump warm-up system best practices and failure case study
Many industries utilize pumps in hot applications, including oil and gas facilities.
- 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
