Middle East
OPEC leaders make case for fossil fuels at Riyadh climate event
OPEC heavyweights said oil and gas should not be stigmatized in the climate debate and that the industry had a role to play in an orderly energy transition.
CPChem, QatarEnergy finalize financing on Ras Laffan, Qatar, petrochemicals project
Ras Laffan Petrochemicals, a joint venture company owned 30% by Chevron Phillips Chemical and 70% by QatarEnergy, announced that it has secured $4.4 B to finance an integrated polymers facility to be located in Ras Laffan Industrial City, Qatar.
Masdar and Boeing join forces to accelerate the SAF industry in the UAE and globally
Masdar is teaming up with aerospace company Boeing to propel the SAF industry in the UAE and globally with the partnership aiming to further support the commercial aviation industry’s goal of achieving net-zero emissions by 2050.
Emirates and Shell Aviation sign agreement for SAF supply at airline’s Dubai hub
Emirates has announced an agreement with Shell Aviation for the supply of over 300,000 gallons of blended SAF for use at the airline’s international hub in Dubai.
Russia’s Lukoil lends Socar $1.5 B in deal to supply its Turkish STAR refinery
Private Russian oil producer Lukoil will lend Azeri state oil firm Socar $1.5 B as part of a broader deal that will allow Socar's 200,000-barrel-per-day Turkish STAR refinery to process Russian crude again.
Saudi Arabia, Russia to continue voluntary oil cuts
Saudi Arabia and Russia said they were continuing voluntary oil cuts to year end as tightening supply and rising demand support oil prices.
ADNOC awards more than $400-MM critical equipment contract for low-carbon LNG Project in Ruwais
ADNOC announced it has awarded a contract, valued at more than $400 MM, to Baker Hughes, through its Nuovo Pignone International S.R.L. legal entity, for the supply of all-electric compression systems for the liquefaction of natural gas, to be powered by clean energy, for its low-carbon LNG asset in the Al Ruwais Industrial City, Al Dhafrah, Abu Dhabi.
Baker Hughes announces milestone electric-LNG Award for ADNOC Ruwais LNG Export Terminal
Baker Hughes announced it has received a letter of award by ADNOC Gas, for and on behalf of ADNOC, to provide two electric liquefaction systems (e-LNG) for the Ruwais LNG project in the United Arab Emirates.
ADNOC to be first company in the Middle East to receive ISCC Certification to produce SAF
ADNOC announced its Ruwais Refinery has received International Sustainability Carbon Certification for the production of SAF, making it the first company in the Middle East to earn the distinction.
Advanced hydrocracking unit flow scheme optimization and integration approach to maximize refinery margins for a residue upgrading project
The integration of a solvent deasphalting and hydrocracking upgrading complex provides a favorable techno-economic return for residue upgradation at relatively lower capital expenditures vs. other alternatives for a brownfield project.
- Brazil's Timbro to export 40% more sugar, enter ethanol market in 2024 4/24
- LG Chem denies report it will merge naphtha cracker business with Lotte Chemical 4/24
- Crude and gasoline stocks fell, distillate stocks rose last week, EIA says 4/24
- INERATEC secures state-of-the-art catalysts from Sasol for the production of sustainable e-fuels 4/24
- JX to join forces with Sumitomo at large scale SAF/BECCS project in Louisiana (U.S.) 4/24
- WestJet buys first Canadian-supplied SAF by Shell Aviation 4/23