Middle East
Oil tanker market signals more Middle East energy disruption ahead
While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.
Amid regional conflict, the Strait of Hormuz remains critical oil chokepoint
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The strait is deep enough and wide enough to handle the world's largest crude oil tankers, and it is one of the world's most important oil chokepoints.
Israel's Oil Refineries says pipelines, transmission lines in Haifa damaged in strikes by Iran
Israel's Oil Refineries said its pipelines and transmission lines in Haifa had been damaged by missile strikes by Iran
GameChange Solar secures 450-MWp order for green ammonia project in Oman
GameChange Solar has signed a contract with ACME Greentech Ventures FZCO to supply its Genius Tracker 1P Single Row system for a 450-MWp solar project in Duqm, Sultanate of Oman.
Borouge awards ADNOC L&S 15-year contract to accelerate growth of UAE petrochemical exports
Borouge Plc and ADNOC Logistics & Services Plc (ADNOC L&S) have entered a 15-yr strategic partnership that will support a significant increase in the production and export of petrochemicals from the UAE.
Ebara Elliott Energy signs high-speed balancing bunker agreement to expand Middle East footprint
Ebara Elliott Energy (EEE), a leading provider of turbomachinery solutions, has signed a major purchase agreement for the installation of a high-speed balancing bunker (HSB) in Saudi Arabia, marking a key milestone in the company’s strategic expansion across the region.
Asia's fuel oil imports from Iraq hit 4-month high in May
Asia's fuel oil imports from Iraq hit a four-month high in May as strong refining margins boosted output and exports from the Middle Eastern supplier.
Global oil refiners see short-term boost from higher margins
Refiners across the globe are reaping unexpected profits from producing key fuels in recent weeks, offering an ailing sector respite before an anticipated weakening later this year, as plant closures have tightened fuel supply needed to meet peak summer demand.
Ebara Elliott Energy begins construction on new Abu Dhabi facility
Ebara Elliott Energy (EEE) has started construction on a new, state-of-the-art service center in Abu Dhabi, located in KEZAD with operations to launch in Q3 2026.
ADNOC, TotalEnergies announce national launch of ADNOC Voyager lubricants in Egypt
ADNOC Distribution, in partnership with TotalEnergies Marketing Egypt (TEME), has announced the launch of ADNOC Voyager lubricants across Egypt.
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3
