downstream | Egypt Oil & Gas
Aramco, Korean Entities Sign Ten Agreements at Saudi-Korean Investment Forum
Saudi Arabian oil company Aramco announced that it has signed an agreement in addition to nine other memoranda of understanding (MoUs) with major Korean entities aiming to optimize its downstream strategy and develop ...
Iran Plans to Invest $4 billion in Oil Projects in Ilam Province
Iranian Petroleum Minister Javad Owji announced that his ministry will contribute $4 billion in investments to developing oil and energy projects at Ilam province, a press release issued by the National Iranian Oil Co...
Shell Sells Shares in Germany’s PCK Schwedt Refinery
Shell Deutschland (Shell) has agreed to sell its non-operating shares (37.5%) in the Germany PCK Schwedt Refinery to Alcmene GmbH, according to a statement. The related agreement is expected to be finalized in H2 of 2...
ADNOC Distribution to Acquire 20 Service Stations in Saudi Arabia
ADNOC Distribution announced that it has executed two agreements to acquire 20 service stations in Saudi Arabia worth . 5 million to increase its total network there to 37 stations, Reuters reported. ADNOC announced, ...
25th Iran Oil Show to kick off on January 22
The 25th edition of Iran’s International Exhibition of Oil, Gas, Refining and Petrochemicals will be held from January 22 till January 25, according to a statement issued by the National Iranian Oil Company (NIO...
SNOC Starts New Gas Storage Project
Sharjah National Oil Corporation (SNOC) has announced that it started a new gas storage project. This came after conducting a small-scale pilot phase using existing infrastructure that has been running since 2017, ac...
ENOC Launches New Fuel Service Station in UAE
ENOC group announced that it has opened a new service station in Umm Al Quwain to supply fuel for vehicles crossing Sheikh Mohammed bin Zayed Road from the Northern Emirates to Dubai and Abu Dhabi, according to a pres...
Qatar Petroleum Merges Muntajat into Downstream Operations
Qatar Petroleum has finally completed the successful merger of Qatari Chemical and Petrochemical Marketing and Distribution Company, Muntajat, into its downstream capabilities, according to a press release. This strat...
