Middle East
UAE's ENOC to self-fund refinery expansion
Emirates National Oil Co. has decided it will self-finance the $1-B expansion of its Jebel Ali oil refinery.
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.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
