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
Petrochemicals
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
KBR wins FEED contract for Oman LNG’s debottlenecking project
Engineering firm KBR has announced that it has been awarded a front end engineering design (FEED) contract by Oman LNG L.L.C for the debottlenecking of their facility at Sur in Oman