India seeks a long-term contract to import oil from Guyana which is located in South America, a Guyanese official told Reuters. Guyana’s Minister of Natural Resources, Vickram Bharrat, said that India has announced it...
Enppi company has achieved a leap in 2020 with a 50% increase in its contracts, compared to 2019, despite the Covid-19 pandemic crisis, a relevant press release has reported. The announcement was made by Enppi Chairma...
MIDOR refined 36.5 million barrels of oil (mmbbl) in 2020, and produced 4,600 tons of high quality petroleum products, 86% of which is directed to local market, a press release reported. The announcement came during t...
Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed developments of the Cooperation Warehouse project in Mostorod that costs EGP 400 million in addition to the renovation works achieved in the storag...
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. The compa...
Petrobras announced that it will sell its Landulpho Alves Refinery (RLAM) to the United Arab Emirates (UAE)’s Mubadala Capital Company as it presented the best offer in an amount of $1.65 billion, according to a press...
China’s crude oil throughput 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 20...
Egypt is implementing new oil refineries and projects in Cairo, Alexandria, Assiut, and Suez with investments of about $7 billion. This was announced during the general assembly chaired by the Minister of Petroleum an...
Egypt pumps about 19,000 tons of gasoline per day (t/d), an anonymous source told Al-Mal, stressing that the country has a sufficient stock of gasoline and petroleum products to meet any additional needs of the local...
Iran’s refineries have the capacity to turn 2 million barrels of crude oil (mmbbl) into petroleum products daily, Secretary-General of Iran’s Oil Refining Industry Contractors Association (ORICA), Nasser Ashouri, stat...