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Refining boosts Exxon, Chevron earningsStrength in refining and chemicals led to higher-than-expected fourth-quarter earnings for ExxonMobil and Chevron, the two largest US oil companies. A flood of oil produced from US shale formations has pushed refining margins high More… |
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Turkish refiner secures $200m GCC fundingTürkiye Petrol Rafinerileri (Tüpraş), a key player in refining and distribution of petroleum products in Turkey, has signed a $200 million, one-year facility with a group of nine banks from the GCC region. Qatar’s More… |
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Petrotech 2012 reaffirms Bahrain statusThe exhibitors of the eighth Middle East Refining and Petrochemicals Conference and Exhibition (Petrotech 2012) held in Manama have hailed the event as a success and paid tribute to Bahrain's business-friendly environment. Saying the prest More… |
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Over 3,000 to attend Bahrain petchem forumThe eighth Middle East Refining and Petrochemicals Conference and Exhibition (Petrotech 2012), which begins in Bahrain on Sunday, is expected to attract more than 3,000 delegates, it has been announced. The event, under the patronage of Hi More… |
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Downstream industry strategy focus for summitBenefits that can be achieved in the downstream industry through diversification strategies, integrations plans and key business improvements during times of financial unrest will be highlighted at an upcoming summit in Abu Dhabi. The Worl More… |
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Abu Dhabi to host Chemical Week awardsThe World Refining Association will host the Middle East Chemical Week (MECW) Awards 2011, which will recognise and reward organisations setting standards of excellence in the petrochemical and fertiliser industries across the Middle East region. More… |
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Bahrain mulls $6bn plan to boost refiningBahrain's state-owned refinery Bapco is looking to increase its refining capacity to 400,000 barrels per day (bpd) from the current 267,000 bpd as part of a modernisation of the refinery, the Bahraini energy minister was cited as saying on Mon More… |
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Petronas plans $20b refining, petchem complexState-run Petronas will build a $20 billion integrated refinery and petrochem complex, Malaysia's largest single investment in recent years, that will boost its refining capacity by half, to 935,300 bpd, as it looks to meet Asian demand f More… |
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Key forum to address downstream issuesThe challenges and opportunities facing the Middle East's downstream oil industry will be discussed during a key forum in Abu Dhabi in May. The Middle East Downstream Week, from May 8-11, will bring together leading policy makers, mi More… |
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PetroRabigh plans expansion bids in 2011Tenders for an expansion of Sumitomo Chemical and Saudi Aramco's joint venture PetroRabigh are expected to be floated by mid-2011, the company's chief executive said. The founding shareholders of the $10 billion venture, also called Rabigh More… |
