Sunday 18 February 2018
 
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Refining

Kuwait plans to spend $500bn on big oil projects

Opec member Kuwait plans to spend more than half a trillion dollars by 2040 to boost its oil and gas output and refining capacity, said a report. The announcement comes despite Kuwait projecting a budget deficit in the next fiscal

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Kuwait plans to spend $500bn on big oil projects

Opec member Kuwait plans to spend more than half a trillion dollars by 2040 to boost its oil and gas output and refining capacity, said a report. The announcement comes despite Kuwait projecting a budget deficit in the next fiscal

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Dubai to host M-Tech Week in February

Middle East Technology Forum for Refining & Petrochemicals (ME-Tech Week), a top event for the downstream industry, will take place in Dubai, UAE from February 19 to 22, 2018. ME-Tech Week will feature ME-Tech Refining followe

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Aramco plans $18bn spend on US refining operations

Oil giant Saudi Aramco is set to spend $18 billion over the next five years to expand its operations in the Americas, focusing on its wholly-owned oil refining unit in the US - Motiva Enterprises.    The Ara

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King Salman inaugurates mega-projects Sadara and Satorp

The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has inaugurated the Sadara Chemical Company (Sadara) and the Saudi Aramco Total Refining and Petrochemical Co (Satorp).    The two proj

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King Salman inaugurates mega-projects Sadara and Satorp

The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has inaugurated the Sadara Chemical Company (Sadara) and the Saudi Aramco Total Refining and Petrochemical Co (Satorp).    The two proj

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King Salman inaugurates mega-projects Sadara and Satorp

The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has inaugurated the Sadara Chemical Company (Sadara) and the Saudi Aramco Total Refining and Petrochemical Co (Satorp).    The two proj

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Exxon Mobil Q3 profit plunges 38pc to $2.6bn

Exxon Mobil has posted a 38 per cent decline in third quarter earnings of $2.65 billion, compared with $4.24 billion a year earlier as result reflected lower refining margins and commodity prices. “ExxonMobil’s integra

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Exxon, Chevron earnings slide on low oil prices

Exxon Mobil Corp and Chevron Corp on Friday reported their most dismal quarterly results in more than a decade on low oil prices and an oversupplied fuel market that hurt what had been lucrative refining margins. As crude prices s

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Egyptian Refining Co to start output at country's largest refinery in Q1 2017

The Egyptian Refining Company, a subsidiary of one of Egypt's largest investment companies Qalaa Holdings, will start production at its $3.7 billion oil refinery in the first quarter of 2017, managing director Mohammed Saad said.

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