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In a region which has shown both extensive investment and increased instability over the past few years, MEA merits a significant degree of technically minded and industry-focused coverage.
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Iran's petrol crisis: low quality, high demand
A new leaked document from the Iranian government has indicated that only 20% of the country’s petrol is Euro-4 or Euro-5 compliant.
Iran's oil minister announces it will decide where to sell its crude
Iran is set to determine its oil export destinations, marking a significant shift in sales patterns, Oil Minister Javad Owji announced at the IranPlast Exhibition in Tehran on September 17, Shana reported.
Duqm oil refinery approaches completion
Saudi Arabia, India speed up development of West Coast Refinery Project
Crown Prince Mohammed Bin Salman of Saudi Arabia and Indian Prime Minister Narendra Modi agreed on a state visit to establish a joint taskforce to expedite development of the $50bn West Coast Refinery Project, facilitating a further $100bn in funding
Saudi Aramco to deliver full crude oil volumes to North Asia
OQ posts $1.1bn net profit for first-half 2023
Omani NOC OQ this week provided an operational update covering the first half of 2023.
Libyan oil terminals close due to Storm Daniel
Calls for CNG industry development as Iran grapples with soaring petrol consumption
Iran signs agreement to equip 400 CNG fuel stations
Gas leak leads to death of personnel at the South Pars complex in Iran
One person has died and more have been gassed on September 10 as a result of a gas leak at a processing plant in the South Pars field in Iran.
Greek Empire Navigation admitted to violating the US oil embargo against Iran
Greek shipping company Empire Navigation has conceded to breaching US sanctions against Iran by illicitly transporting oil from that country in 2022, according to court documents cited by the Associated Press.
Iran set to slow oil exports
Iranian oil exports – steadily rising following a looser approach to sanction enforcement by the US – are set to slow for the rest of 2023 as demand in Asia declines towards the end of 2023.
SABIC, Sinopec announce commission of new polycarbonate plant
Saudi Arabia's Basic Industries Corporation (SABIC) and China Petroleum and Chemical Corporation (Sinopec) announced the start of commercial operations at a new polycarbonate plant under a 50:50 joint venture on September 6.
SAF progress stalls in Africa
Energy analyst and project officer at WWF South Africa Farai Chireshe stated September 5 that sustainable air fuel (SAF) projects in Africa had stalled due to lack of demand.
Aramco, Stellantis find European engines are compatible with eFuels
Despite optimism, Iraqi crude flows through Turkey on hold until October
Reports this week suggested that Iraqi oil exports to Turkey will remain suspended until at least October, with Turkish President Tayyip Erdogan planning a visit to Baghdad during the period.
China considers a return to Syrian oil imports
Reports from China point to the country’s state-owned oil and gas giant Sinopec having made moves to reopen long-ignored oil supply links in Syria.
Chinese finance and technology for Iran's major petrochemical project
Iran's Fanavaran Petrochemical Company has announced its agreement with a Chinese consortium for financing its ambitious Petro Olefin mega project.
Iran plans to build refinery in Burkina Faso
Iranian oil minister Javad Owji said September 4 that Tehran was set to build an oil refinery in Burkina Faso, utilising domestic engineers and experts. He added that Iran would also transfer technical and engineering services to the country.
Golar LNG discussing gas cooperation with Equatorial Guinea
Golar LNG has reportedly held talks with the government of Equatorial Guinea on cooperation in the development and export of offshore natural gas deposits.
Saudi reportedly considering massive new Aramco share sale
Saudi Arabia is reported to be considering selling up to $50bn worth of shares in majority state-owned oil giant Aramco in a move that could mark the largest share sale in history.
Oman to launch IPO of OQ Gas Network
Oman is set to launch an initial public offering for a minority shareholding in state gas transmission operator OQ Gas Network (OQGN).
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