Global oil demand up in Q2 ’24 – IEA
Global oil demand rose by 870,000 barrels per day (kb/d) in the second quarter of 2024, according to the…
Browsing Tag
refinery
Egyptian Qalaa Holdings’ shares plunge on diluted refinery stake
Shares in Qalaa Holdings, one of the largest investment companies in Egypt, dropped by nearly 10 percent on…
Qalaa: ERC’s refinery will save Egypt $1.8 billion annually
The Egyptian Refining Company’s (ERC), anticipated oil refinery project will save Egypt between $1.5 billion and…
Egypt’s Assiut Oil Refining to build new refinery with $350mn
Assiut Oil Refining Company-ASORC is planning to establish new refining unit with investments worth more than…
Fire at Russia’s Bashneft oil firm unit kill eight
Eight people died in a fire at a hydrocracker unit at the Ufaneftekhim refinery in the Urals city of Ufa, RIA news…
Italian SACE to develop Egypt’s Midor refinery with $1.2bn
Italian joint-stock company SACE is to fund the project of upgrading Egypt's largest oil refinery Midor near…
Oil prices rise on reports of falling inventories, glut remains in place
Oil prices edged up on Wednesday following reports of falling stockpiles and rising refinery activity, but analysts…
Egypt Expects $425 M From Islamic Development Bank, For Refinery, Airport
Egypt said on Sunday it expected to receive around $425 million in funding from the Islamic Development Bank to…
Iran Establishes Condensate Refinery Using Own Resources for 1st Time
Iran for the first time will be building an oil refinery "Pars", using only its own resources, managing director of…
