Tuesday 23 September 2014
 
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Refining

Global oil refining capacity set for fastest rise since 1999

Global oil refining capacity will grow by more than three per cent over the next two years, the fastest in 15 years, due mostly to new plants in China and the Middle East, the Bank of America said in a report.  

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$350m Saudi pipeline contract on the way

Construction contracts for a new crude oil pipeline between Saudi Arabia and Bahrain are expected to be tendered by the end of the year, said a report. The front-end engineering and design (FEED) for the pipeline has been complete

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$350m Saudi pipeline contract on the way

Construction contracts for a new crude oil pipeline between Saudi Arabia and Bahrain are expected to be tendered by the end of the year, said a report. The front-end engineering and design (FEED) for the pipeline has been complete

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KNPC set to double refining capacity

Kuwait National Petroleum Company (KNPC), one of the world’s foremost refineries, is preparing to more than double its refining capacity, said senior officials ahead of a key industry summit. The second Kuwait Downstream Tec

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Saudi PetroRabigh complex back online

Saudi Arabia's PetroRabigh has restarted its petrochemical and refining complex, the company said on Sunday, after a power outage on Wednesday forced it to shut operations.  

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Refining boosts Exxon, Chevron earnings

Strength 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

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Turkish refiner secures $200m GCC funding

Türkiye 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

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Petrotech 2012 reaffirms Bahrain status

The 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

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Over 3,000 to attend Bahrain petchem forum

The 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

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Downstream industry strategy focus for summit

Benefits 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

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