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Middle East

Two workers die in fire at Saudi Aramco plant

Saudi Aramco said on Thursday that two workers died of injuries sustained in a fire that broke out at its Wasea crude oil plant in central Saudi Arabia.

UAE's ENOC to self-fund refinery expansion

Emirates National Oil Co. has decided it will self-finance the $1-B expansion of its Jebel Ali oil refinery.

Kuwait’s KNPC aims to finalize $5 B loan by Q1

Kuwait National Petroleum Co. expects to finalize a loan of well over $5 billion to finance its Clean Fuels project by the end of Q1 of next year.

Pakistan Refinery seeks loan to increase capacity

Pakistan Refinery is in talks with international banks over a potential syndicated loan to increase refinery capacity.

Royal Dutch Shell signs MOU with Iran's National Petrochemical

Royal Dutch Shell signed a preliminary memorandum of understanding with Iran’s National Petrochemical Co. for cooperation in the petrochemical industry.

Qatar's Ras Laffan 2 condensate splitter to launch in October

Qatargas will start operations at its new Ras Laffan 2 condensate splitter by the end of October, doubling the Gulf state's capacity to process condensate.

Moody’s predicts sustained negativity for refining industry

Moody's outlook for the refining and marketing industry in North America and Europe, the Middle East and Africa remains negative.

Nuberg wins $20 MM EPC contract for Calcium Chloride Plant in Egypt

Nuberg, has won a calcium chloride plant project on EPC & LSTK basis in Port Said, Egypt from TCI Sanmar Chemicals.

Asia fuel oil discount to Dubai crude at narrowest in eight months

Boosted by supply constraints and lower global inventories, the discount of 180-centistoke fuel oil in Asia to Dubai crude oil is at its narrowest in almost 8 months.

Amarinth delivers API 610 VS4 pumps for STAR refinery in Turkey

Amarinth has delivered its first order of exotic alloy API 610 VS4 pumps for use in the STAR in Turkey.