Refineries

  • Valero Restarts Crude Distillation Unit

    Valero Restarts Crude Distillation Unit

    Tuesday, 23rd February 2021

    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 to Sell RLAM Refinery to UEA’s Mubadala for $1.65 B

    Petrobras to Sell RLAM Refinery to UEA’s Mubadala for $1.65 B

    Tuesday, 9th February 2021

    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,

  • China’s Oil Throughput Decreases to 14.9 mmbl/d in December

    China’s Oil Throughput Decreases to 14.9 mmbl/d in December

    Monday, 18th January 2021

    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 to Build New Oil Refineries Worth $7 B

    Egypt to Build New Oil Refineries Worth $7 B

    Monday, 11th January 2021

    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 19,000 tons of Gasoline Daily

    Egypt Pumps 19,000 tons of Gasoline Daily

    Thursday, 17th December 2020

    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 Converts 2 mmbbl of Petroleum Products Daily

    Iran Converts 2 mmbbl of Petroleum Products Daily

    Sunday, 15th November 2020

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

  • Al-Sisi Inaugurates New Mostorod Project Worth $4.3 B

    Al-Sisi Inaugurates New Mostorod Project Worth $4.3 B

    Monday, 28th September 2020

    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 Completes APC’s Activities, Producing 100,000 bbl/d

    BGS Completes APC’s Activities, Producing 100,000 bbl/d

    Wednesday, 23rd September 2020

    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.

  • Gasco’s Plant Obtains Approval form EGAC

    Gasco’s Plant Obtains Approval form EGAC

    Thursday, 9th July 2020

    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).

  • El Molla Reviews Three Refinery Projects Worth $2.8 B

    El Molla Reviews Three Refinery Projects Worth $2.8 B

    Wednesday, 24th June 2020

    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,