refining | Egypt Oil & Gas - Part 7

MIDOR Raises Refining Capacity by 15%

Middle East Oil Refinery (MIDOR) has raised its daily refining capacity by 15% to 115k b/d in January 2017.

Saudi PetroRabigh Q2 Profit Slumps 79%

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.

Egypt Seeking to Boost Refining Capacities

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.

French Banks to Finance MIDOR Refinery Expansion

French banks, Credit Agricole and BNP Paribas will offer a $1.2b loan to expand Egypt’s MIDOR refinery.

Iran Allocates $6b for Petrochem, Refining Projects

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.

WRA in Partnership with the Ministry of Petroleum to Host Egypt Downstream Summit

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 ...

Iran Upgrading Refineries, Petrochemicals for Post-Sanction Era

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 ...

BP Beats Profit Estimates for Q3, Boost by Refining.

British oil major BP beat profit estimates for its third quarter earnings report,

Nigeria’s President Says He Will Not Appoint an Oil Minister

The President of Nigeria, Muhammadu Buhari, will not appoint a new minister of Petroleum, stated

MIDOR Chairman: Processing 50,000 b/d of Crude to Boost Local Supply

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 ...

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