India seeks a long-term contract to import oil from Guyana which is located in South America.

Enppi achieved a great leap in projects with an increase of 50% over 2019, according to press release.

MIDOR refined 36.5 million barrels of oil (mmbbl) in 2020, and produced 4,600 tons of high quality petroleum products, directing 86% of these products to local market, the press release reported.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed developing cooperation warehouse of Mostorod project with EGP 400 million, and the renewal of the storage warehouses, shipping platform to meet the international standards, according to a press release.

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.