Valero Energy Corporation restarted the crude oil distillation unit (CDU) with its refineries Meraux, and Louisiana, which the company’s production reach 125,000 barrel per day (bbl/d), according to Reuters.

Petrobras comoany announced that it will sell its Landulpho Alves Refinery (RLAM), to the UAE’s Mubadala capital Company as it presented the best offer in an amount of $1.65 billion,

Chinese oil productivity has gradually declined by 0.5% reaching 14.9 million barrels per day (mmbl/d) in December 2020 after recording a high in November. While the country’s total crude proceeded during 2020, jumped up 2.7% reaching 13.51 mmbl/d compared to the previous year.

Egypt is implementing new oil refineries and projects in Cairo, Alexandria, Assiut, and Suez with investments about $7 billion. The Minister of Petroleum and Mineral Resources, Tarek El Molla, attributed the new refineries' success to meeting and securing the local market needs of petroleum products.

Egypt pumps about 19,000 tons of gasoline per day (t/d) denoting that the country has a sufficient stock of gasoline and petroleum products to meet any additional needs of the local market.

Iran’s refineries have the capacity to turn two million barrels of crude oil (mmbbl) into petroleum products daily.

The Egyptian President Abdel Fattah Al Sisi has opened the Egyptian Refinery in Mostorod at a cost of  $4.3 billion equals to EGP 70 billion which is one of the most important petroleum refineries in Egypt and Africa by producing 4.7 million tons of petroleum products per year.

BGS Energy Services completed its activities for the “U-3000 Project” at the Alexandria Petroleum Company (APC) refinery, now operating at its optimal production rate of around 100,000 barrels per day (bbl/d); saving $85 million annually.

Egyptian Natural Gas Company (GASCO) announced that its chemical refinery in the Western Desert Gas Complex obtained an approval from the Egyptian Accreditation Council (EGAC) for applying the international standard of ISO/IEC 17025:2017 while testing natural gas and liquified natural gas (LNG).

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has looked into the implementation situation for there giant projects including expansion project for Midor refinery in Alexandria, octane production complex project of Assiut Oil Refining company (ASORC), and   Asphalt production unite project of Suez Oil Processing company (SOPC) at a cost of $2.8 billion,