Saudi Aramco says fire at its refinery was due to "operational incident"

Wed, 18 Jul 2018 - 07:00 GMT

Saudi Aramco said on Wednesday that a minor fire that was controlled at its Riyadh refinery was due to "an operational incident"

Long shutdown casts shadow over sale of Moroccan refinery

Thu, 10 May 2018 - 10:53 GMT

Other industry sources and parties interested in the plant have previously said idling the refinery, which the government said owed 13 billion dirhams in unpaid taxes, made it more difficult to find a buyer.

Skinny and sweet: U.S. refiner earnings depend on the oil diet

Thu, 26 Apr 2018 - 08:12 GMT

The nation’s biggest refiners spent billions building units capable of turning heavy, sour crude into gasoline, diesel fuel and other products.

China March refinery runs hit record; crude output near multi-year low

Tue, 17 Apr 2018 - 08:13 GMT

The world’s second-largest oil user processed 51.51 million tons of crude last month, equivalent to 12.13 million bpd, according to the National Statistical Bureau.

India, Saudi Aramco agree to partner on $44 billion refinery-petchem project

Wed, 11 Apr 2018 - 09:43 GMT

The project includes a 1.2 million-barrel-per-day (bpd) refinery integrated with petrochemical facilities with a total capacity of 18 million tonnes per year.

Oil edges up on reduced U.S. drilling activity, booming job market

Mon, 12 Mar 2018 - 07:26 GMT

Brent crude futures LCOc1 were at $65.58 per barrel, up 9 cents, or 0.1 percent, from their previous close.

Iraq to build oil refinery in Fao with Chinese firms, plans three others

Mon, 29 Jan 2018 - 09:38 GMT

The refinery in Fao will have a 300,000 barrel-per-day capacity and include a petrochemical plant, it said.

Saudi Aramco to push back shutdown at Ras Tanura refinery

Sat, 04 Nov 2017 - 01:18 GMT

Saudi Aramco is expected to shut down its condensate splitter at its Ras Tanura refinery by the end of November for a month for planned maintenance work.

Cairo refinery processes 4.6M tons of crude in FY 2016/17

Sun, 17 Sep 2017 - 10:32 GMT

The company invested around LE 151 million in the previous fiscal year.

Saudi Arabia sets Oct crude price to Asia 'at 10-mth high'

Mon, 04 Sep 2017 - 02:19 GMT

The price hikes come on the back of a stronger market structure for Middle East crude benchmark Dubai and refining margins.

Petroleum Ministry studies $4B refinery project with Toyota

Thu, 13 Jul 2017 - 03:45 GMT

Feasibility studies of the new project will take 28 weeks.