Refined Oil Products

  • Egypt Eyes Oil Products Self-Sufficiency by 2023

    Egypt Eyes Oil Products Self-Sufficiency by 2023

    Monday, 25th October 2021

    The country is now closer to its goal of self-sufficiency thanks to upgrades of existing refineries and the construction of seven new ones as part of a project costing around $7 billion.

  • Vitol to Loan Iran $1b for Refined Oil Products

    Vitol to Loan Iran $1b for Refined Oil Products

    Sunday, 8th January 2017
    The National Iranian Oil Company (NIOC) finalized a deal with the world's largest oil trader, Vitol, loaning Iran about $1.05b guaranteed by future exports of refined products.
  • Aramco Halted Oil Cargos Indefinitely

    Aramco Halted Oil Cargos Indefinitely

    Monday, 7th November 2016
    Saudi Arabia’s Aramco has informed Egypt that shipments of oil products expected under a $23b deal would be halted indefinitely.
  • South Africa To Consider Deregulating Liquid Fuels

    South Africa To Consider Deregulating Liquid Fuels

    Monday, 5th September 2016
    South Africa’s Deputy Director-General of Petroleum and Petroleum product regulation, Tesliso Maqubela, announced that the country’s Department of Energy plans to initiate talks with the petroleum industry concerning the deregulation of liquid fuels.