Friday 29 April 2016
 
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Refinery

Iran to boost refining capacity to 3.1mbpd

Iran plans to add 1.8 million barrels per day (mbpd) to its refining capacity which will reach 3.1 mbpd when several ongoing refinery projects begin operations, a report said. Some of these projects are underway in Persian Gulf St

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KNPC closes refinery units for maintenance

Kuwait National Petroleum Company (KNPC) said on Saturday it had shut some units at its al-Ahmadi refinery for routine maintenance and dismissed reports that the closures were related to a planned strike by oil workers. KNPC, one

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KNPC closes refinery units for maintenance

Kuwait National Petroleum Company (KNPC) said on Saturday it had shut some units at its al-Ahmadi refinery for routine maintenance and dismissed reports that the closures were related to a planned strike by oil workers. KNPC, one

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Yasref refinery gets $4.7bn international loan

An oil refining joint venture between national oil firm Saudi Aramco and China's Sinopec has obtained a $4.7 billion syndicated loan to refinance shareholder funds used for its construction, the venture said.  

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Iran to invest in Spanish oil refinery construction

Iran is planning a 50 per cent co-operation in the construction of a refinery in Spain, according to a report.   Under the contract, Iran will make the 50 per cent investment, and Spain will buy all its required

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Noga meeting discusses investment strategies

The latest developments related to Bahrain's strategic investments in the oil, gas and petrochemicals industry, including deep gas exploration and refinery modernisation projects were discussed at meeting of the National Oil and Gas Author

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South Pars Phases 20, 21 to start ops in March

Phases 20 and 21 in Iran’s South Pars field are set to begin preliminary operations in late March, a report said.  “All stages of preparation including testing of lines and connections for the refinery sector as w

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Foreign firms eye Iran mazut-reduction projects

Japanese and South Korean companies have expressed interest in taking part in the projects for reducing of mazut production at Iranian refineries, a top official said. “Their investments will be reimbursed by the sale of pro

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Swiss group acquires Kuwait Petroleum refinery

Swiss trader Gunvor Group has completed the acquisition of its third European refinery from Kuwait Petroleum International (KPI), it said on Monday. The value of the deal was not disclosed. Gunvor said the 88,000 ba

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Swiss group acquires Kuwait Petroleum refinery

Swiss trader Gunvor Group has completed the acquisition of its third European refinery from Kuwait Petroleum International (KPI), it said on Monday. The value of the deal was not disclosed. Gunvor said the 88,000 ba

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