Refining & Petrochemicals

The Middle East & North African downstream sectors is split into ‘haves’ and ‘have nots’. The wealthy countries with economies boosted by oil and gas exports are mainly looking to expand their downstream industries to squeeze more out of their oil assets. The poorer countries struggle to meet demand for fuels.

Refining & Petrochemicals

28 Feb, 2025

Featured

Gulf NOCs Expand Fleets

National shipping firms for GCC oil and gas producers Saudi Arabia, UAE, Oman, and Qatar are investing in fleet expansions after raking in bumper revenues for 2024.
Red Sea Disruptions Pushed Up Medium-Range (MR) Product Tanker Rates From The MidEast (WS)
Refining & Petrochemicals

14 Mar, 2025

Top Story

Oman’s OQBI Maxes Gas-Fed Plants For Record 2024 Output

OQ Base Industries (OQBI) pushed its gas-fed plants above nameplate capacity in 2024 to produce a record 1.9mn tons of methanol, ammonia, and LPG. The performance demonstrates it has scope to move ahead with planned expansions.
OQBI Produced A Record Combined 1.9mn Tons In 2024 (‘000 Tons)
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NEWS IN BRIEF

Egypt Signs Up Siemens For 500MW Gulf Of Suez Wind

21 Mar, 2025

Algeria Breaks Ground On 80MW Solar

21 Mar, 2025

ADQ To Power US AI

21 Mar, 2025

Carlyle-Energean Deal Terminated

21 Mar, 2025

Opec Publishes Updated Compensation Plans

21 Mar, 2025

Kuwaiti Power Minister Resigns

14 Mar, 2025

Total Starts Work On 1GW Iraq Solar

14 Mar, 2025

Libya Restarts Mabruk Oil Field

14 Mar, 2025

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SELECTED DATA

Egypt’s LNG Balance (mn tons): Cairo May Look To Tentatively Restart LNG Exports In 2025 After Imports Surged To A Seven-Year High For 2024

Qatar’s Contracted LNG Sales Volumes (mn t): Uncontracted Volumes Are Set To Surge As New Capacity Ramps Up

Jazan Crude Oil Deliveries Fall To Lowest Level Since 2021 Start Amid Maintenance (mn barrels)

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