Middle East
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.
Wood selected as project management consultancy for first major methanol plant in the UAE
Wood has secured a contract from TA’ZIZ to provide project management consultancy (PMC) for the development of the UAE’s first methanol production facility in Al Ruwais Industrial City, Abu Dhabi.
Saudi Arabia's refining boom helps it weather oil price war
Saudi Arabia has been cranking up oil refining operations to capture strong profit margins, helping the kingdom offset revenue lost from declining crude prices and exports.
Saudi Aramco considers asset sales to free up funds
Saudi state oil giant Aramco is exploring potential asset sales to free up funds, as it pursues an international expansion and weathers lower crude prices.
Saudi Arabia crude exports fall to 5.754 MMbpd in March
Saudi Arabia's crude exports in March fell to 5.754 MMbpd from 6.547 MMbpd in February.

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