Middle East
China's heavy reliance on Iranian oil imports
Beijing, which is also the biggest buyer of oil from Venezuela and a top importer of oil from Russia, has used purchases from the three countries facing various Western sanctions to save billions of dollars on its import bill in recent years.
Five energy market trends to track in 2026, the year of the glut
This past year was a wild one for the oil and gas industry, punctuated by the 12-day Israel-Iran war in June, U.S. President Donald Trump's trade wars, the intensified targeting of energy infrastructure in Russia in its war against Ukraine, OPEC’s often perplexing production decisions and the recently threatened U.S. blockade of Venezuela.
Egypt, Qatar's Al Mana Holding sign $200-MM SAF deal
The project will be developed in three phases and will span 100,000 m2 in the Integrated Sokhna Zone on Egypt's Red Sea coast.
Bahrain's BAPCO sends first diesel cargo to Australia in 2.5 yrs
Around 400,000 bbl of diesel were loaded on the Torm Kirsten during December 9–11 from BAPCO's Sitra refining site, Kpler and Vortexa shiptracking data showed, while 140,000 bbl more were loaded via ship-to-ship transfers with the vessel Zonda.
- Meghna PVC partners with Jotun to manage corrosion maintenance 5/7
- Bayer and bp form strategic alliance to jointly scale camelina as intermediate crop for biofuels 5/7
- TA’ZIZ announces $2 B in financing for UAE’s first world-scale methanol plant 5/7
- PepsiCo and TalusAg Renewables announce low-carbon ammonia attribute agreement to help accelerate fertilizer decarbonization 5/7
- Topsoe and BioVeritas sign agreement to accelerate second-generation renewable fuels production 5/7
- Emerson launches digital anti-coating pH/ORP sensor for reliable, low-maintenance service 5/7
