Middle East
Kuwait’s KNPC aims to finalize $5 B loan by Q1
Kuwait National Petroleum Co. expects to finalize a loan of well over $5 billion to finance its Clean Fuels project by the end of Q1 of next year.
Pakistan Refinery seeks loan to increase capacity
Pakistan Refinery is in talks with international banks over a potential syndicated loan to increase refinery capacity.
Royal Dutch Shell signs MOU with Iran's National Petrochemical
Royal Dutch Shell signed a preliminary memorandum of understanding with Iran’s National Petrochemical Co. for cooperation in the petrochemical industry.
Qatar's Ras Laffan 2 condensate splitter to launch in October
Qatargas will start operations at its new Ras Laffan 2 condensate splitter by the end of October, doubling the Gulf state's capacity to process condensate.
Moody’s predicts sustained negativity for refining industry
Moody's outlook for the refining and marketing industry in North America and Europe, the Middle East and Africa remains negative.
Nuberg wins $20 MM EPC contract for Calcium Chloride Plant in Egypt
Nuberg, has won a calcium chloride plant project on EPC & LSTK basis in Port Said, Egypt from TCI Sanmar Chemicals.
Asia fuel oil discount to Dubai crude at narrowest in eight months
Boosted by supply constraints and lower global inventories, the discount of 180-centistoke fuel oil in Asia to Dubai crude oil is at its narrowest in almost 8 months.
Amarinth delivers API 610 VS4 pumps for STAR refinery in Turkey
Amarinth has delivered its first order of exotic alloy API 610 VS4 pumps for use in the STAR in Turkey.
Siemens manufactures world’s largest geared compressor rotor for Jazan IGCC
Siemens has manufactured and tested the largest geared compressor rotor in the world at its facility in Duisburg, Germany.
SOCAR Polymer to use INEOS HDPE process for Azerbaijan project
INEOS Technologies has licensed its Innovene S process for SOCAR Polymer’s HDPE project in Sumgait, Azerbaijan.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
