Middle East
UAE to up value of U.S. energy investments to $440 B by 2035
The United Arab Emirates plans to raise its energy investments in the United States to $440 B in the next decade, it said on Friday, boosting U.S. President Donald Trump's efforts to secure major business deals on a Gulf tour.
U.S. imposes sanctions on companies it says sent Iranian oil to China
The U.S. Treasury Department on Tuesday imposed sanctions on more than 20 companies in a network that it said has long sent Iranian oil to China, days after negotiators from Iran and the United States concluded a fourth round of nuclear talks.
Digital Feature: How consensus-based standards are shaping the future of oil and natural gas worldwide
With its cross-border projects, interconnected supply chains and technical systems spanning continents, the global oil and natural gas industry is indeed complex. And while managing safety, sustainability, efficiency and reliability across these diverse environments has never been simple, the challenges continue to grow as expectations rise and technologies evolve.
New Mediterranean IMO fuel rule helps bring more Doba crude to Europe
Dutch and German oil refineries have snapped up all four cargoes of Chadian Doba crude in April to profit from soaring demand for cleaner marine fuel in Europe from shipping companies including Maersk. Heavy, sweet Doba grade is particularly suitable for making ultra-low sulfur fuel oil (ULSFO) with a maximum sulfur content of 0.1%.
U.S. imposes Iran-related sanctions on third China 'teapot' refinery, ports
U.S. President Donald Trump's administration imposed sanctions on a third Chinese independent - or "teapot" - oil refinery, and port terminal operators in China for purchases of Iranian oil.
Messe Frankfurt and DECHEMA team up for new ACHEMA Middle East
DECHEMA, which organizes the ACHEMA, the leading trade show for the global process industry, launches ACHEMA Middle East in Saudi Arabia together with Messe Frankfurt. DECHEMA and Messe Frankfurt have reached the necessary agreements and the event will be held for the first time in Riyadh in 2026, and then every three years after that.
One worker killed in fire at Kuwait's Mina Abdullah refinery
Kuwait National Petroleum Co. (KNPC) said on Thursday that one worker was killed and four were injured in a limited fire that had been extinguished at the Mina Abdullah refinery's desulfurization unit
SIBUR preparing to produce heat-resistant polyethylene in Kazan
Russian petrochemical group SIBUR has begun developing production of PE-RT, or polyethylene with raised temperature resistance, at its Kazanorgsintez plant, the company said.
Sri Lanka to begin talks with India, UAE for new energy hub
Sri Lanka will start work next month on plans to develop an energy hub with India and the United Arab Emirates, as the nation looks to leverage its strategic location to cement a recovery from a financial crisis.
Kuwait Petroleum's stake investment in China Wanhua Chemical's unit valued at $638 MM
Kuwait Petroleum subsidiary's acquisition of a 25% stake in China Wanhua Chemical's petrochemical business is valued at $638 MM
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