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Middle East

Worley awarded FEED for QatarEnergy LNG’s largest CO2 sequestration project

Worley has been selected to develop the Front-End Engineering Design for QatarEnergy LNG’s CO2 sequestration project in Ras Laffan, Qatar.

Fire at Kuwait's Mina Al Ahmadi refinery put out, production, exports unaffected

Firefighters managed to put out a fire at Kuwait's Mina Al Ahmadi oil refinery with no injuries, a state news agency said, adding that production and exports were unaffected.

Russian oil producers send CPC Blend to UAE, open new export route

Russian oil producers supplied their first cargoes of CPC Blend crude to the UAE in August and September opening up a new export route as Moscow looks to find new customers and skirt Western sanctions.

Kenya extends oil supply agreement with three Gulf companies

Kenya has extended an oil supply deal with three Gulf-based companies, which is designed to manage demand for dollars.

Iran's Revolutionary Guards seize two ships smuggling 1.5 MM liters of fuel

Naval forces of Iran's Revolutionary Guards have in recent days seized two Panama-flagged ships smuggling a total of 1.5 million liters of fuel.

OPEC says IEA estimate of peak fossil fuel demand by 2030 not 'fact-based'

The Organization of the Petroleum Exporting Countries said data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.

Global diesel shortage boosts prices

Global distillate fuel oil inventories remain much lower than normal for the time of year which is putting strong upward pressure on fuel prices.

As Saudi oil cuts raise prices, Asia refineries buy elsewhere

Refiners across the top-importing region of Asia are being forced to adapt buying patterns as the additional output cuts by Saudi Arabia have reduced availability of their preferred medium sour grades of crude.

Korean Air introduces Cargo SAF Program

Korean Air will launch a program to use SAF for air cargo operations in cooperation with air cargo customers and forwarders.

U.S. says it disrupts illicit oil shipment by Iran's IRGC, seizes contraband crude

The U.S. said it has halted a multi-million dollar shipment of crude oil by the Islamic Revolutionary Guard Corps being shipped in violation of sanctions against Iran, and seized more than 980,000 barrels of contraband crude oil.