Middle East
Global Project Data
Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,000 active projects in the hydrocarbon processing industry (HPI).
Foundation stone laid for Qatar’s $6-B Ras Laffan petchem complex, production to rise to 14 MMtpy by 2026
His Highness Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, laid the foundation stone for the Ras Laffan Petrochemical Complex, one of the largest in the world, which will raise Qatar’s overall petrochemical production capacity to about 14 MMtpy by the end of 2026.
UAE's Fujairah January marine bunker sales rise to five-month highs
Marine bunker fuel sales at Fujairah port in the United Arab Emirates recovered to five-month highs in January, latest data showed, in line with stronger refueling demand globally following Red Sea events.
Shell quits Iraqi petrochemicals plant talks
Oil major Shell has withdrawn from talks on building a petrochemicals plant in the southern oil hub of Basra.
Oil little changed as demand concerns offset Middle East tensions
Oil futures were little changed as rising concerns about global demand caused the market to take a break after prices jumped about 6% last week on worries that Middle East tensions could cause supply problems.
TotalEnergies no longer sending ships through Red Sea
TotalEnergies has not sent ships through the southern strait leading to the Red Sea and the Suez Canal for several weeks, extending its ships' travel time to Europe, the French oil major said.
Oman's Duqm refinery units currently working at 100% capacity
Oman's Duqm refinery units are currently working at 100% capacity of 230,000 bpd.
SOCAR ships Azeri BTC oil to Thailand via Cape of Good Hope
Azerbaijan's state oil company SOCAR is shipping Azeri BTC oil to Thailand via Africa's Cape of Good Hope to avoid the Red Sea.
Iran's oil minister traveling to Venezuela for talks on refining, petrochemicals
The ministers plans to discuss joint refining, engineering and petrochemical projects, including the overhaul of Venezuela's refineries
Return of U.S. oil sanctions on Venezuela to hit revenue, fuel imports
The return of U.S. sanctions on Venezuela's oil and gas sectors would hurt the OPEC country's ability to collect cash from its oil exports, crimp new energy investments and raise the risks of domestic fuel scarcity.
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