Saudi Arabia's Rabigh Refining and Petrochemical Co. (PetroRabigh) witnessed a decline in its Q2 net profit standing at 79.6% due to the decrease in petrochemical prices and refinery margins.
Egyptian firms are planning to expand their refining capacity and boost output of petroleum products, companies' representatives stated at the Thirds Annual Energy Conference - Energy and Sustainable Development.
Iran’s National Development Fund has allocated $6b for the execution of petrochemical and refining projects in the current fiscal year ending in March 2016.
The World Refining Association (WRA) announced in a press release that the Egypt Downstream Summit & Exhibition will take place on February the 15th, and will be held under the patronage of Tarek El Molla, Minister o ...
Talks have been held with Japanese and Korean firms to invest in Iran’s renovation and improvement of oil processing facilities, Abbas Kazemi, head of the National Iranian Oil Refining and Distribution Company, annou ...
In exclusive statements made to Egypt Oil & Gas, Middle East Oil Refinery (MIDOR) chairman Dr. Mohamed Abdul Aziz asserted that his company was processing 50,000 b/d of crude to supply local markets with petroleum pr ...