Egypt Signs Agreement with USTDA to Support Refinery Upgrade

• Sunday, 20th December 2020
• by Editorial Team

The United States Trade and Development Agency (USTDA) awarded two grants to Amreya Petroleum Refining Company (APRC) and Suez Oil Processing Company (SOPC) with a total of $1.4 million (mm) to conduct feasibility stu...

China’s Saudi Oil Imports Rise 47%

• Sunday, 2nd February 2020
• by Editorial Team

China’s oil imports from Saudi Arabia rose by 47% in 2019, according to customs data citing Reuters. According to data from the General Administration of Customs, the China-Saudi imports reached a total of 1.67 millio...

Integrated Logistics, BAPCO Sign a New Agreement

• Thursday, 23rd January 2020
• by Editorial Team

Integrated Logistics, a subsidiary of Integrated Holding Company, signed a deal with the main contractor of the Bahrain Petroleum Company’s (BAPCO) refinery development project to provide and operate cranes, according...

PKN Orlen to Increase Oil Imports from Saudi Aramco

• Thursday, 23rd January 2020
• by Editorial Team

PKN Orlen, the Polish oil refiner, announced that it will increase its monthly imports of crude oil from Saudi Aramco to around 400,000 tons, according to Reuters. It is worth noting that Poland has been receiving oil...

Brooge to Construct Oil Refinery in Fujairah

• Tuesday, 14th May 2019
• by Editorial Team

The UAE’s Brooge Petroleum and Gas Investment Company (BPGIC) plans to construct an oil refinery in Fujairah, Pipeline Oil and Gas Magazine reported. The refinery is set to produce bunker fuel with a production capaci...

Planning Ministry Investing $8.3B in Petroleum Sector

• Sunday, 29th April 2018
• by Editorial Team

The Ministry of Planning, Monitoring and Administrative Reform is investing $8.3 billion in the petroleum sector in order to boost the capacity of refineries by 10%, Egypt Oil & Gas reports. The increased capacity...

Nigeria to Legalize Illegal Oil Refineries

• Sunday, 9th April 2017
• by

Nigeria announced its plan to legalize illegal oil refineries in the unsettled Niger Delta region in its aim to bring peace to the state’s main production area, Reuters reported. According to Ecofin Agency, the decisi...

Nigeria to Reduce Oil Imports by 60%

• Tuesday, 25th October 2016
• by Egypt Oil & Gas

The Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, stated that Nigeria plans to reduce its level of fuel imports by 60% by the year 2018, Nigeria Today reported. Kachikwu added that one of the key p...

European Refineries Seek to Maximize Gasoline Output

• Wednesday, 13th January 2016
• by Egypt Oil & Gas

European oil refiners aim to maximize gasoline output to meet increased global demand for gasoline and naphtha in the Asian and US markets, Reuters reported. The world faces a growing excess of diesel, after major ref...