South Korea's S-Oil, the country's third-largest refiner, has signed a $1b deal to sell a combined 38m barrels of diesel, naphtha and jet fuel this year to Saudi Aramco.
Spain’s Tecnicas Reunidas (TR) has won a contract in Oman to undertake the engineering and front-end engineering design (FEED) of a new grassroots bitumen refinery planned at the country's Sohar Port & Freezone.
Bahrain National Gas Expansion Company (BNGEC) has signed an EPC contract worth $98.7m with JGC Gulf International which is a subsidiary of Japan Gas Corporation (JGC) to construct an additional storage and pipeline ...
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the country is constructing a new Vapor Recovery Unit (VRU) worth $ 20b within Assiut Refinery, to cover domestic demands of petro ...
Egypt's Ministry of Petroleum and Mineral Resources stated in a report that the current investments in new oil industry projects amount to roughly $7.7b.
Iran has produced a new strategic and rare gas product called pentane, as the first country in the MENA region, having developed the new technology, Iranian Offshore Oil Company (IOOC) announced.
Qatar's Tasweeq has cancelled a sale tender for 75,000 tonnes of naphtha for April lifting from Ras Laffan, due possibly to an outage at a condensate splitter which has been scheduled to shut next month, traders said.