Middle East

Hengli Petrochemical sets up Dubai trading subsidiary in expansion

Fertiglobe, Covestro and TA’ZIZ sign MoU to explore strategic ammonia collaboration

S-Oil signs nearly $4-B PE marketing deal with SABIC

OQ and Kuwait Petroleum sign PDA for Duqm petrochemical complex project

UAE and Germany deepen energy ties as German Chancellor visits ADNOC HQ

The visit builds on the €14.7-B investment to support Covestro’s long-term growth as a German industrial champion by XRG, ADNOC’s international energy investment company, and underscores ADNOC’s central role in advancing the UAE-Germany strategic energy partnership.

Record January fuel oil exports from Kuwait's al-Zour refinery weigh on Asian market

The surge in supply from Kuwait, a major fuel oil exporter, will boost availability in bunkering hubs such as Singapore and weigh on prices in Asia.

China's teapots buy Iranian oil to replace Venezuelan supply

Venezuelan shipments to China have fallen sharply since mid-December after U.S. President Donald Trump imposed a blockade on sanctioned ships, part of a campaign against President Nicolas Maduro which culminated in his capture by U.S. forces on January 3.

Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal

SAF, made largely from waste or used cooking oil, can cut emissions significantly compared with traditional jet fuel. However, it remains two to five times more expensive than conventional fuel.

Advancing clean fuels: Jazan refinery’s gasoline optimization achievement

ADNOC and TAQA announce 27-yr utilities agreement with TA’ZIZ, enabling world-scale chemicals production at Ruwais