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Middle East

Fire breaks out at refinery in Iranian city of Isfahan

A fire at a crude oil distillation unit at a refinery in the central Iranian city of Isfahan injured four people.

OMV, ADNOC close to agreeing deal for chemicals company tie up

Abu Dhabi National Oil Co is closing in on a deal with Austria's OMV to combine two entities in which the companies own stakes to create a chemicals giant.

Aramco to acquire a 40% stake in Gas & Oil Pakistan

Aramco, one of the world’s leading integrated energy and chemicals companies, signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd.

Tanker in Red Sea targeted by speedboat gunfire and missiles

A tanker in the Red Sea off Yemen's coast was fired on by gunmen in a speedboat and targeted with missiles, maritime sources said, the latest incident to threaten the shipping lane after Yemeni Houthi forces warned ships not to travel to Israel.

Solvay and ENOWA plan to build first carbon-neutral soda ash plant in NEOM before 2030

Solvay is partnering with ENOWA, NEOM’s energy and water company, to establish the world’s first carbon-neutral soda ash production facility in NEOM, Saudi Arabia.

OQ signs nine agreements to establish $88-MM industrial projects in the Ladayn Polymer Park in Suhar

OQ Refineries and Petrochemical Industries, a subsidiary of OQ, the global integrated energy group, signed nine investment agreements with a total worth of approximately $88 MM to establish industrial projects in the Ladayn Polymer Park in Suhar Industrial City.

Fire causes two explosions at refinery in eastern Iran

A fire at a small refinery in eastern Iran's Birjand special economic zone caused two explosions and remains out of control.

Global airlines body urges oil sector to invest more in sustainable fuel

The oil and gas sector and alternative fuel producers need to beef up efforts to produce greener aviation fuel to help airlines cut carbon emissions.

Iran Revolutionary Guards seize two vessels smuggling 4.5 million liters of fuel

Iran's Revolutionary Guards' Navy have seized two vessels smuggling 4.5 million liters of fuel.

Kuwait's al-Zour refinery now fully operational

Kuwait Integrated Petroleum Industries Company said in a statement that the third and final units at the al-Zour refinery are now operational.