Middle East
TotalEnergies says SATORP refinery in Saudi Arabia damaged after incidents
Saudi Arabia's oil production capacity has been reduced by around 600,000 bpd following attacks on energy facilities.
Iranian Oil Refining Co. confirms attack on Lavan refinery
The company said the facility was hit at around 10 a.m. (0630 GMT), adding that safety and firefighting teams were working to contain the blaze and secure the site.
Hormuz closure divides the fortunes of Middle Eastern oil states
The Strait of Hormuz's closure and the resulting surge in global oil prices have handed financial windfalls to Iran, Oman and Saudi Arabia, while other states that lack alternative shipment routes have lost billions of dollars.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
