Sempra Energy and Saudi Aramco have announced that their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement (HOA)
Petrochemicals
Saudi Arabia’s energy minister recommends driving down oil inventories
Khalid Al-Falih, Saudi Arabia’s energy minister, has said that he recommended ‘gently’ driving oil inventories down at a time of abundant global supplies and that OPEC would not make hasty decisions on output ahead of the June meeting
Bapco completes financing of modernisation programme
The Bahrain Petroleum company has announced that its multibillion-dollar refinery modernisation programme has reached a financial close
‘IMO 2020 low sulphur regulation challenges global refinery industry’
International Maritime Organization’s (IMO) low sulphur regulation challenges global refinery industry, according to GlobalData
‘Iraq’s energy deal to support economic growth’
Iraq US$53bn energy deal with Exxon Mobil Corporation and PetroChina will strengthen the government’s fiscal status, Moody’s Investors Service new report revealed