the United States Trade and Development Agency (USTDA) awarded two grant agreements to Amreya Petroleum Refining Company (APRC) and Suez Oil Processing Company (SOPC) total of $1.4 million (mm) to conduct a feasibility study for each company’s refinery development.

China’s oil imports from Saudi Arabia rose by 47% in 2019.

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.

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.

The refinery is set to produce bunker fuel with a production capacity of 250,000 barrels per day (b/d).7

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%.

The decision aims to bring peace to the Niger Delta region and came after growing demands made by community leaders.

Nigeria plans to reduce its level of fuel imports by 60% by the year 2018.

European oil refiners aim to maximize gasoline output to meet increased global demand for gasoline and naphtha in the Asian and US markets.