Middle East
Technip awarded EPC contract for ENOC refinery expansion
Technip will serve as the main EPC contractor for Emirates National Oil Co.’s $1 B expansion of its Jebel Ali refinery.
Iran sends 1 MMbbl of oil to Austria's OMV in spot delivery
Austria's OMV received 1 MMbbl of crude oil from Iran which will be delivered to its two refineries in Austria and Romania.
India's Iran oil imports surge to highest in at least 15 years
India's daily oil imports from Iran in August surged to their highest in at least 15 years as the OPEC producer boosted its shipments to recoup market share ceded to rivals Saudi Arabia and Iraq under pressure from economic sanctions.
Four injured in fire at Iran petrochemical plant
A fire broke out at Iran's Mobin Petrochemical refinery complex in the southern port of Assaluyeh, leaving four people injured.
GP Strategies awarded training contract for Kuwait clean fuels project
GP Strategies Corporation has entered into a multi- year agreement with Kuwait National Petroleum Company for training, documentation and competency development services to support Kuwait’s clean fuels project.
Platts proposes change in sulfur content in Asia gasoil benchmarks
Oil pricing agency Platts has begun consulting with traders this week on a change it has proposed in the sulfur content of its key gasoil benchmarks in Asia and the Middle East.
Iran to raise shipments of cleaner diesel from 2017
Iran is aiming to increase export volumes of cleaner diesel from next year as its refineries are upgraded, even as it cuts its reliance on imports.
Yemen's Aden oil refinery resumes operations
Yemen's Aden oil refinery resumed operations Sunday after being shut for more than a year as the conflict in the country worsened.
SABIC, SNCG agree on possible China chemical JV principles
SABIC, along with Shenhua Ningxia Coal Industry Group Co. Ltd. (SNCG) and the government of the Ningxia Hui Autonomous Region of China, have agreed on a set of principles for cooperation in the further development of a potential joint venture (JV) between SABIC and SNCG to build a greenfield coal-to-chemicals complex.
Freedonia Group: Global demand for refining catalysts to reach $4.7 B in 2020
Global demand for the refining catalysts market, which includes catalysts used in fluid catalytic cracking (FCC), hydroprocessing, alkylation, reforming and other applications, is forecast to grow 3.6%/yr to $4.7 B in 2020.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
