Iran is in talks to help build a 200,000 b/d refinery in Spain, as part of Tehran's long-term strategy to maximize its oil market share after the removal of sanctions.
Kuwait's major refinery, Mina Al-Ahmadi, suffered a gas leak that occurred in the second line of a gas liquefaction plant and injured a laborer, but did not affect the plant's operations.
Angolan state oil company Sonangol signed a commitment with Italian ENI to upgrade current plans for the completion of the Lobito refinery site, delayed over rising costs and financing problems.
Technip has been awarded a lump sum contract to supply its proprietary technology, detailed engineering and procurement services for a reformer for a hydrogen plant in Turkey.
Qatargas Operating Company Limited (Qatargas) has granted a contract to Qatar Kentz for the engineering, procurement, supply, construction and commissioning of a water recycling facility at the planned Laffan Refinery 2.
"Asia is the center of gravity for oil and all the incremental demand will come from Asia. We are expecting to ship more than 50% of our products to Asia," said CEO of Siraf Refineries Infrastructure Company Alireza ...
Foreign companies are in talks to buy a stake of up to 24 percent in the Bina refinery in India's Madhya Pradesh state which is jointly owned by Bharat Petroleum Corp (BPCL) and the Oman Oil Company