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Middle East

Borouge launches new infrastructure and advanced packaging solutions

Borouge Plc launched five new grades to meet the growing demand in the infrastructure and advanced packaging industries in the Middle East, Africa and Asia.

More oil tankers shun southern Red Sea after U.S.-led strikes in Yemen

At least six more oil tankers were steering clear of the southern Red Sea, as disruptions on the vital route for energy shipping increase in the wake of U.S.-led strikes against Houthi targets in Yemen.

Bulgaria replacing Russian crude with oil from Kazakhstan, Iraq, Tunisia

Bulgaria is replacing Russian oil imports with crude from Kazakhstan, Iraq and Tunisia in January, according to traders and LSEG data.

Oil tankers divert from Red Sea after U.S., UK strikes in Yemen

At least four oil tankers have diverted course from the Red Sea since overnight strikes by the U.S. and Britain on Houthi targets in Yemen, shipping data from LSEG and Kpler showed.

Kuwait's KPC offers high sulfur fuel oil for Feb-Apr

Kuwait Petroleum Corp has issued a semi-term tender offering high sulfur fuel oil for loading between February and April.

St Nikolas oil tanker operator says it lost contact off Oman

The operator of the oil tanker St Nikolas, Greece-based Empire Navigation, said it had lost contact with the vessel off Oman near the city of Sohar.

Borouge signs $44-MM supply agreement with NAFFCO

Borouge Plc announced the signing of a $44-MM agreement with NAFFCO to supply NAFFCO’s local and regional infrastructure projects with Borouge’s innovative and sustainable polyethylene materials.

Rockets crash into Iran’s Chabahar petrochemical complex during military exercise

Iranian Revolutionary Guards launched rockets that malfunctioned and crashed into a petrochemical plant in Chabahar, southeast Iran during the Great Prophet 18 war games.

thyssenkrupp Uhde signs Master Agreement with Ma’aden and Metso on phosphogypsum recycling and CO2 capture project

thyssenkrupp Uhde has signed a master agreement with Ma’aden for the development, engineering and licensing of a calcination plant for phosphogypsum processing.

Oil tankers continue Red Sea movements despite Houthi attacks

Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have rerouted due to attacks by Iran-aligned Houthi militants.