Middle East
Aramco to acquire a 40% stake in Gas & Oil Pakistan
Aramco, one of the world’s leading integrated energy and chemicals companies, signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd.
Tanker in Red Sea targeted by speedboat gunfire and missiles
A tanker in the Red Sea off Yemen's coast was fired on by gunmen in a speedboat and targeted with missiles, maritime sources said, the latest incident to threaten the shipping lane after Yemeni Houthi forces warned ships not to travel to Israel.
Solvay and ENOWA plan to build first carbon-neutral soda ash plant in NEOM before 2030
Solvay is partnering with ENOWA, NEOM’s energy and water company, to establish the world’s first carbon-neutral soda ash production facility in NEOM, Saudi Arabia.
OQ signs nine agreements to establish $88-MM industrial projects in the Ladayn Polymer Park in Suhar
OQ Refineries and Petrochemical Industries, a subsidiary of OQ, the global integrated energy group, signed nine investment agreements with a total worth of approximately $88 MM to establish industrial projects in the Ladayn Polymer Park in Suhar Industrial City.
Fire causes two explosions at refinery in eastern Iran
A fire at a small refinery in eastern Iran's Birjand special economic zone caused two explosions and remains out of control.
Global airlines body urges oil sector to invest more in sustainable fuel
The oil and gas sector and alternative fuel producers need to beef up efforts to produce greener aviation fuel to help airlines cut carbon emissions.
Iran Revolutionary Guards seize two vessels smuggling 4.5 million liters of fuel
Iran's Revolutionary Guards' Navy have seized two vessels smuggling 4.5 million liters of fuel.
Kuwait's al-Zour refinery now fully operational
Kuwait Integrated Petroleum Industries Company said in a statement that the third and final units at the al-Zour refinery are now operational.
Vietjet and Novus Aviation Capital sign MoUs for aircraft financing, leasing, and SAF development
Vietjet and Novus Aviation Capital have signed Memorandum of Understandings to explore the establishment of an aircraft financing and leasing vehicle as well as collaborating on the supply of SAF in Vietnam alongside SAF One, Novus’s established and dedicated SAF platform.
Cloning design provides plug-and-play approach for carbon capture
Carbon capture has the potential to significantly decarbonize emissions from industrial facilities.
- India receives fuel oil cargo in Russian SCF tanker after brief halt 4/26
- Biden administration (U.S.) to release SAF tax credit model 4/26
- Boeing, Wagner advance Australia’s SAF Industry 4/26
- S-Oil expects Q2 refining margins to remain steady then trend upward 4/26
- Vitol to charter supertankers from U.S. to Nigeria's Dangote refinery 4/26
- Refiner Valero beats profit estimates on resilient demand, tight supplies 4/26