Middle East
ADNOC to acquire OCI’s stake in Fertiglobe
Abu Dhabi National Oil Company P.J.S.C. and OCI Global, announced that they have entered into a sale and purchase agreement for the acquisition by ADNOC of OCI’s entire majority shareholding in Fertiglobe plc.
Fire breaks out at refinery in Iranian city of Isfahan
A fire at a crude oil distillation unit at a refinery in the central Iranian city of Isfahan injured four people.
OMV, ADNOC close to agreeing deal for chemicals company tie up
Abu Dhabi National Oil Co is closing in on a deal with Austria's OMV to combine two entities in which the companies own stakes to create a chemicals giant.
Aramco to acquire a 40% stake in Gas & Oil Pakistan
Aramco, one of the world’s leading integrated energy and chemicals companies, signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd.
Tanker in Red Sea targeted by speedboat gunfire and missiles
A tanker in the Red Sea off Yemen's coast was fired on by gunmen in a speedboat and targeted with missiles, maritime sources said, the latest incident to threaten the shipping lane after Yemeni Houthi forces warned ships not to travel to Israel.
Solvay and ENOWA plan to build first carbon-neutral soda ash plant in NEOM before 2030
Solvay is partnering with ENOWA, NEOM’s energy and water company, to establish the world’s first carbon-neutral soda ash production facility in NEOM, Saudi Arabia.
OQ signs nine agreements to establish $88-MM industrial projects in the Ladayn Polymer Park in Suhar
OQ Refineries and Petrochemical Industries, a subsidiary of OQ, the global integrated energy group, signed nine investment agreements with a total worth of approximately $88 MM to establish industrial projects in the Ladayn Polymer Park in Suhar Industrial City.
Fire causes two explosions at refinery in eastern Iran
A fire at a small refinery in eastern Iran's Birjand special economic zone caused two explosions and remains out of control.
Global airlines body urges oil sector to invest more in sustainable fuel
The oil and gas sector and alternative fuel producers need to beef up efforts to produce greener aviation fuel to help airlines cut carbon emissions.
Iran Revolutionary Guards seize two vessels smuggling 4.5 million liters of fuel
Iran's Revolutionary Guards' Navy have seized two vessels smuggling 4.5 million liters of fuel.
- U.S. oil, biofuel group recommends 5.25 Bgal in biomass diesel mandates 4/11
- Ukraine will add bioethanol to petrol from May, seeks first imports from EU 4/11
- UN shipping agency strikes deal on fuel emissions, CO2 fees 4/11
- S&P analysis: Global refined product demand growth likely to weaken, absolute decline cannot be ruled out 4/11
- U.S. targets China oil storage terminal in new Iran-related sanctions 4/11
- Russia's Novatek plans condensate processing complex in Murmansk 4/11
