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Finnish refiner Neste gains hit $222mFinnish oil refiner Neste Oil reported a stronger-than-expected rise in quarterly profit yesterday, as years of investment in its renewable fuels business paid off. Neste shares rose nearly 15 per cent in early trade after the com More… |
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Bahrain base oil plant starts outputBahrain’s new base oil plant, a joint venture of Bahrain Petroleum Company (Bapco), Neste Oil and Nogaholding, has started commercial production. The plant produces premium quality VHVI (very high viscosity index) group III base oils for u More… |
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Bahrain plans $400m Lube oil plantBahrain is to establish a BD151 million ($400 million) lube base oil manufacturing plant in joint venture with a Finnish company, it was revealed. Oil and Gas Affairs Minister and chairman of National Oil and Gas Authority (Noga) and Bapco More… |
