Muscat projects the port of Sohar, 220 km north of Muscat, as the first anchor for a journey to make Oman a key maritime centre between three continents. Industries built there feature a...
ORPC has two refineries - one in the port of Mina al-Fahal with a capacity of 106,000 b/d, and the other in Sohar, 116,400 b/d. The Mina al-Fahal plant meets the bulk of...
The use of rare earth minerals may become a logistical bottleneck plaguing the deployment of wind turbines, photovoltaic cells, and electric vehicles, according to a report recently updated by the U.S. Department of...
The power and water desalination complexes in Oman are the biggest users of energy, mainly natural gas. Consumption by the expanding utilities sector is to rise rapidly, estimated at the rate of 9%...
Saudi Petroleum & Mineral Resources Minister Ali al-Na'imi has repeatedly stated in recent days that the kingdom will be able to almost instantly raise its crude oil production from 10m to 11.8m b/d...
Site construction has begun for the Diamond Green Diesel Plant, which is being built adjacent to the Valero oil refinery in St. Charles Parish. The project is expected to be complete by the...
Imports from Iran at 238,860 bpd in 2011, up 20 pct yr/yr; Total crude imports up 6.2 pct y/y in 2011- KNOC; Middle East supplies 87 pct of S.Korea's 2011 crude...
The SCAF on Dec. 6 warned that Egypt's foreign-currency reserves were falling sharply and that it might have enough only to cover imports until the end of February. In view of this, the...
There are fuel shortages in the country caused partly by financial difficulties being faced by the interim government since the fall of President Mubarak and partly in view of rising domestic prices. Long...
There are about 75,000 people working in the state's hydrocarbon sector, including EGPC, Ganope, Egas and Echem, under the control of the Petroleum Ministry. EGPC is one of the biggest NOCs in the...
DUBLIN -- Research and Markets(http://www.researchandmarkets.com/research/59529e/oil_gas_refinin) has announced the addition of the "Oil & Gas: Refining, Independent and Major Integrated Report" report to their offering. The Wall Street Transcript has just published its Oil...
WALTHAM, Mass. -- Global Partners LP (NYSE: GLP), a leader in the storage, distribution and marketing of gasoline, distillates and residual oil to wholesalers, retailers and commercial customers throughout the Northeast, announced today...
NEW YORK -- Hess Corporation announced today that it will take a $525 million after-tax charge against its fourth quarter 2011 earnings as a result of the shutdown of the HOVENSA L.L.C. refinery...
Declares Quarterly Distribution of $1.16 Per Unit HOUSTON -- Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today declared a quarterly cash distribution per common unit of $1.16 ($4.64 annualized) payable on Feb. 14,...
HOUSTON -- Enterprise Products Partners L.P. (NYSE:EPD) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.62 per...
DENVER -- TransMontaigne Partners L.P. (NYSE:TLP) announces that it declared a distribution of $0.63 per unit for the period from October 1, 2011 through December 31, 2011, representing a $0.01 increase over the...
ZUG, Switzerland -- Foster Wheeler (NASDAQ: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Petron Corporation (Petron) for the Petron Refinery Master...
The first phase of EPC's complex at Ameriya came on stream in early 1986. A $700m second phase involving public sector banks and insurance firms as partners of EPC came on stream in...
Egypt has built up a gas export programme which has become one of its main external sources of income. The balance of Egyptian trade in crude oil, condensates and refined products is in...
Japan's policy on Iranian oil was left in doubt on Jan. 13 after PM Yoshihiko Noda distanced himself from Finance Minister Jun Azumi's pledge to reduce oil imports in support of a US...