Middle East
Saudi's small crude price hike for Asia shows bigger concerns
Asia's beleaguered oil refiners have received welcome relief on two fronts as crude prices slide and top supplier Saudi Arabia offered some relief.
Masdar, TotalEnergies to develop a commercial green hydrogen-to-methanol-to SAF project in Abu Dhabi
Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with TotalEnergies to assess the viability of developing a commercial green hydrogen (H2) to methanol to sustainable aviation fuel (SAF) project.
Libya's NOC denies it is in talks to supply crude oil to Nigeria refinery
Libya's National Oil Corporation (NOC) has denied holding negotiations to supply crude oil to a refinery in Nigeria.
Clariant's OleMax 260 catalyst delivers strong performance for EQUATE Petrochemical Co.
Clariant announced one-year of successful operation of its novel OleMax 260 catalyst at EQUATE Petrochemical Company’s world-scale steam cracker in Kuwait.
KBR's blue ammonia technology selected for Shell’s Blue Horizons project in Oman
KBR has announced that its blue ammonia technology has been selected for Shell’s Blue Horizons low-carbon hydrogen and ammonia project in Duqm, Oman.
bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth
bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.
Gulf Energy Information appoints Catherine Watkins as Chief Commercial Officer to drive market expansion
Gulf Energy Information (Gulf), a premier B2B media company in the global energy sector, proudly announces the transition of Catherine Watkins from Chief Financial Officer (CFO) to Chief Commercial Officer (CCO), effective immediately. This strategic transition aligns with Gulf’s commitment to expanding market share and driving sales growth across key markets.
OPEC sticks to 2024 oil demand view, sees strong travel season
OPEC is sticking to its forecast for relatively strong growth in global oil demand in 2024 and next year, saying on Wednesday that resilient economic growth and air travel would support fuel use in the summer months.
EIA: Global oil market will be in supply deficit next year
Global oil demand will outpace supply next year, the U.S. Energy Information Administration (EIA) said on Tuesday, reversing a prior forecast for a surplus.
Saint-Gobain to acquire chemicals construction company FOSROC for $1 B
Saint-Gobain has entered into a definitive agreement to acquire FOSROC, a leading privately owned global construction chemicals player, for $1 B (€960 MM) in cash.
- Braskem Siam partners with Mitr Phol Bio Fuel to use ethanol to produce bio-ethylene/polyethylene 3/21
- Wison Engineering signs FEED contract with WasteFuel for Ankara Green Methanol project in Turkey 3/21
- U.S. slaps Iran-related sanctions on oil tankers, China 'teapot' refinery 3/21
- Regulations needed to spur airlines to use SAF, Japan oil refiners group head says 3/21
- Russia replaces UAE as the top naphtha supplier to India in 2024–25 3/21
- Asia's sour crude demand to rebound on completed regional refinery maintenance and upgrades 3/20
