SATORP launches its first Sukuk


Saudi Aramco Total Refining and Petrochemical Company (SATORP) launched its first public offering of a Sukuk which will help finance part of its refinery project.

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Growing Iraqi optimism for oil refining expansion


Iraq's oil output could reach up to four million barrels per day (bpd) by the end of next year and it is adding a fifth project to its planned refinery capacity expansion as it seeks to meet domestic demand, its deputy oil minister said.

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Iran's petrochemical exports hit US$5.3 billion


Iran exported US$5.3 billion worth of petrochemicals in the first five months of the current Iranian calendar year (March 21-August 21), according to the Iranian Oil Ministry.

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Tasweeq sells first cargo from Pearl GTL


Qatar International Petroleum Marketing Company Ltd (Tasweeq) sold its first cargo of GTL Naphtha, from the world's largest gas-to-liquids (GTL) plant, Pearl GTL, located in Qatar.

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Technip wins Feed contract for phase two expansion of Laffan Refinery


Laffan Refinery Company Limited has awarded a lump sum Front End Engineering Design (FEED) Contract for the Refinery's Phase 2 expansion to Technip.

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