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Red Sea Dangers Delay Saudi and Iraqi Oil Export as Ships Divert

Red Sea Dangers Delay Saudi and Iraqi Oil Export as Ships Divert
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Middle East s refineries on upgrades, region launches new plants | Hellenic Shipping News Worldwide

Companies in the Middle East have announced petrochemical and hydrogen projects. QatarEnergy and its partner Chevron Phillips Chemical a joint venture between Chevron and Phillips 66 awarded a contract for early site works for a petrochemicals project in Ras Laffan that is expected to boost Qatar’s polyethylene production capacity by more than 60%. .

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Oil product stocks fall after gasoline shipment to Saudi Arabia | Hellenic Shipping News Worldwide

Oil product stockpiles at the UAE’s Port of Fujairah dropped from a three-month high as of May 30 with declines registered in light distillates and heavy distillates and residues, according to Fujairah Oil Industry Zone data published June 1. The total inventory was 19.678 million barrels as of May 30, down 0.6% from a week .

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Crude oil s latest bull run puts spotlight on geopolitical events

LONDON: Crude oil’s latest bull run, which saw Brent climb to its highest level since 2014 on Tuesday, has put geopolitics front and center of market concerns. Having spent the last year fretting over supply, markets and investors appear suddenly more spooked by the what ifs of global politics and its impact on still tight supplies. This week’s drone attack by Iranian-backed

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REFINERY NEWS ROUNDUP: Middle East companies look at low-carbon projects | Hellenic Shipping News Worldwide

REFINERY NEWS ROUNDUP: Middle East companies look at low-carbon projects | Hellenic Shipping News Worldwide
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