Middle East
Italy seizes 100 t of diesel on ship sailing from Libya
ROME (Reuters) — Italian police said on Saturday they had seized more than 100 t of contraband diesel from a ship which set sail from Libya and arrested the captain for smuggling and money-laundering.
ABB teams up with Saudi firm Arkad for turnkey oil and gas projects
ZURICH/KHOBAR, Saudi Arabia (Reuters) — Swiss engineering conglomerate ABB is putting its turnkey projects arm for the oil and gas industry into a joint venture majority owned by Saudi Arabia's Arkad Engineering & Construction, as ABB seeks to "optimize" its business portfolio, the company said on Monday.
Oil near 2-yr high as tightening market attracts buyers
AMSTERDAM (Reuters) — Oil prices rose on Friday, nearing their highest levels in more than 2 yr, with buyers attracted by expectations of an extension to a global pact to cut output that has reduced oversupply.
Petronas, Aramco to finalize RAPID deal after resolving 'technical issues'
KUALA LUMPUR (Reuters) — Malaysian state energy company Petronas and Aramco are facing "technical issues" in finalizing the Saudi oil major's $7 B investment in a refinery project, but the deal will be completed soon, state news agency Bernama reported on Friday.
Puma Energy expands operations into Pakistan
KARACHI, PAKISTAN — Puma Energy, the globally integrated midstream and downstream energy company, has successfully concluded an agreement with the Chishti Group to acquire 51% interest in Admore Gas Pvt. Ltd (Admore).
Honda says fuel from Shell, Total, PSO harms engines in Pakistan
ISLAMABAD (Reuters) — Pakistan's state oil and gas regulator said on Thursday it would investigate a complaint that fuel suppliers including local units of Shell and Total as well as Pakistan State Oil (PSO) had added manganese to their gasoline.
Business Trends: Preparing for a sea change in global refining
The global oil refining industry has been buffeted by many events in recent years.
Refining: Alkylation—What’s a refiner to do?
Within the refining industry, gasoline production and alkylation capacity are running at near all-time highs.
Editorial Comment: Ingenuity out of necessity
One of the main focal points in this issue of Hydrocarbon Processing is the environment.
Egypt gasoline consumption fell 4.2% in July–Sept
CAIRO (Reuters) — Gasoline consumption in Egypt fell by 4.2% and diesel consumption by 7.1% in the first quarter of the 2017–2018 fiscal year, which began in July, the oil minister said.
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