Saudi Arabian Oil Company ("Saudi Aramco") through its wholly owned Saudi Refining Inc. ("SRI") subsidiary and Royal Dutch Shell plc ("Shell"), through its U.S. downstream affiliate, announce today they have signed a non-binding Letter of ...
Tags: Saudi Aramco, SRI, Motiva
Reuters reported that prominent UAE group Al Ghurair had no intention yet of selling its half ownership of Ras Lanuf, Libya's biggest refinery but also had not decided whether to go ahead with investing another USD 2 billion. Mr Essa Al ...
Tags: refinery, oil refining capacity, oil, Oil Company
Iraq's State Oil Marketing Organisation has finalized a term deal to buy up to 1.097 million tonnes of gasoil for delivery next year from Swiss trader Vitol and oil major BP. Traders said that the company has agreed to pay a premium of ...
IRNA reported that Mr Hashem Namvar MD of Bandar Abbas Refinery Company said that company's crude oil refining capacity has increased 30,000 barrels per day. Mr Namvar reiterated that "Earlier the production capacity of this refinery was ...
Tags: crude oil refining capacity, Bandar Abbas Refinery, gas oil, tar