Middle East
Exxon, Aramco, Samref to explore major upgrade of Yanbu refinery
The companies intend to explore capital investments to upgrade and diversify production, including high-quality distillates that result in lower emissions and high-performance chemicals.
UAE's Brooge Petroleum to perform pre-project planning for Fujairah gasoline plant
The proposed refinery would be the first in the region to upgrade naphtha into Euro 5-grade gasoline, with the first phase projected to produce an initial 15,000 bpd.
Masdar and Tadweer to develop Abu Dhabi’s first commercial-scale waste-to-SAF project
Masdar and Tadweer Group have announced the signing of a Joint Development Agreement (JDA). This agreement aims to progress the development of the first commercial-scale Waste-to-sustainable aviation fuel (SAF) project in Abu Dhabi.
Global oil refining profits surge and may stay strong
The strength in margins contrasts with crude oil markets coming under pressure from an expected oversupply, and has defied expectations earlier this year that the rally could prove to be a short-term blip due to the impact of tariffs.
Quick wins on cutting methane dogged by a slow transition
The pledge to cut methane emissions by 30% below 2020 levels by 2030 has been signed by 159 countries plus the EU. Many of them have developed, or are working on, methane action plans, and billions of dollars have been committed to the effort.
Nuberg EPC awarded 120-tpd chlor-alkali and calcium chloride plant project in Oman
The development marks the second phase of Al Ghaith’s integrated chemical complex in Sur and represents the first-of-its-kind large-scale chlor-alkali expansion in Oman, underlining Nuberg EPC’s pivotal role in advancing the Sultanate’s industrial transformation and chemical self-reliance.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
