Refined Oil Products
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.
Sunday, 8th January 2017The 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.
Monday, 7th November 2016Saudi Arabia’s Aramco has informed Egypt that shipments of oil products expected under a $23b deal would be halted indefinitely.
Monday, 5th September 2016South 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.