Middle East
Global oil refining profits surge and may stay strong
The strength in margins contrasts with crude oil markets coming under pressure from an expected oversupply, and has defied expectations earlier this year that the rally could prove to be a short-term blip due to the impact of tariffs.
Quick wins on cutting methane dogged by a slow transition
The pledge to cut methane emissions by 30% below 2020 levels by 2030 has been signed by 159 countries plus the EU. Many of them have developed, or are working on, methane action plans, and billions of dollars have been committed to the effort.
Nuberg EPC awarded 120-tpd chlor-alkali and calcium chloride plant project in Oman
The development marks the second phase of Al Ghaith’s integrated chemical complex in Sur and represents the first-of-its-kind large-scale chlor-alkali expansion in Oman, underlining Nuberg EPC’s pivotal role in advancing the Sultanate’s industrial transformation and chemical self-reliance.
TA’ZIZ awards $1.99-B EPC contract to build one of the world’s largest PVC complexes
TA’ZIZ announced the award of a $1.99 billion engineering, procurement and construction to build the UAE’s first, and among the top three largest integrated single-site polyvinyl chloride production complexes in the world.
Research: Middle East sets the pace for autonomous operations in energy sector
The Middle East findings of Schneider Electric’s Autonomous Maturity research indicates a shift in autonomous readiness within the region’s energy sector, with many organizations claiming to operate at Level 4 of the ARC Autonomous Operations Maturity Model.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
