Refining, gas and petrochemical processing industry news. Wood has been awarded a new contract by IRPC Plc for its Maximum Aromatics (MARS) project, leveraging its operations in the south east Asian oil and gas market.
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Refining, gas and petrochemical processing industry news. The Abu Dhabi Polymers Company Ltd (Borouge), a joint venture between Abu Dhabi National Oil Company (ADNOC) and Austria-based Borealis, has awarded the France-based ...
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Financial reporting in the oil and gas industry International Financial Reporting Standards 2nd edition. Financial reporting in the oil and gas industry 3 Foreword International Financial Reporting Standards (IFRS) provide the basis for financial reporting to the capital markets in an increasing number of countries around the world. Over 100 countries either use or are adopting IFRS. Those ...
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Get PriceJGC Corporation announced today that, together with its Saudi subsidiary JGC Arabia Ltd., it has received a notice of award for a lump-sum turnkey contract from the Saudi Arabian state-owned oil company Saudi Aramco for the engineering, procurement and construction (EPC) services associated for the Jazan Refinery and Terminal.
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Crude Oil Refinery Plant - Lavi International Corporation. In our capacity as an oil trader, we can finance delivery of an Oil Refinery Plant Construction based on a turnkey project against future payments in Crude oil with a deferred payment of 1~3 years, provided supply of the said crude oil is Guaranteed as a payment for refinery construction.
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Kuwait’s economy depends upon high oil prices and growth in crude oil and refined product exports. The fall in oil prices since the summer of 2015 and signs that demand for Kuwaiti oil will grow modestly in the years to 2020 are raising questions about the long-term viability of a model that has helped make Kuwait one of the world’s most ...
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Qatar Petroleum (QP) is a state owned petroleum company of Qatar.The company operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage. QP's chairman is Mohammed Bin Saleh Al-Sada, Minister of Energy and Industry, and the chief executive officer is Saad Sherida Al Kaabi.QP's operations are directly linked with state planning agencies ...
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Oman projects a budget deficit in 2025 on low crude oil price expectation The Gulf state of Oman adopted on Monday its 2025 budget projecting a deficit of $7.8 billion due to low oil prices, but said the shortfall is declining.
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Kuwait’s state-run oil company is planning US$42 billion in investments by 2025, as the country pursues a three-fold strategy to increase oil production, expand its refineries and flesh out a
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The oil price or the price of oil, generally refers to the spot price of a barrel of benchmark crude oil. The major benchmark oil prices in the world contain Brent crude oil price, WTI (West Texas Intermediate) crude oil price and Dubai/Oman crude oil price. The different type of oil are with different density and sulfur content, that leads to
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Oman crude rose to nearly its highest price in two years due to the high compliance by exporting countries with the OPEC production agreement, and also because of an increase in demand from China. Oman crude traded at $55.60 at the Dubai Mercantile Exchange on Friday for November delivery, which was $0.42 above the previous day's trading, and the highest in six months.
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Crude Oil Production in Oman decreased to 970 BBL/D/1K in December from 972 BBL/D/1K in November of 2025. Crude Oil Production in Oman averaged 878.45 BBL/D/1K from 1994 until 2025, reaching an all time high of 1057 BBL/D/1K in November of 2000 and a record low of 693 BBL/D/1K in July of 2007. This page provides the latest reported value for Oman Crude Oil Production plus
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In our capacity as an oil trader, we can finance delivery of an Oil Refinery Plant Construction based on a turnkey project against future payments in Crude oil with a deferred payment of 1~3 years, provided supply of the said crude oil is Guaranteed as a payment for refinery construction. Upon receipt of Supply Guarantee of Crude oil from the
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Oil prices have tumbled by over 40% since the start at the year, with brent crude the global benchmark presently trading at around $36 a barrel. Asked if capital expenditure will be cut for 2016 in light of declining oil prices, the official said, “We have already planned in terms of what activities will be executed in 2016.
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Oil’s Price Drop Stands to Help Refiners Field-to-Pump Operations at BP, Shell Provide Insulation from Market Pressures Oil prices posted their biggest one-day drop in nearly two years amid a
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Get PriceNotes: Domestic crude oil production includes lease condensate and is estimated using a combination of short-term forecasts for the lower 48 states and the latest available production estimates from Alaska. Beginning with data for the week ending June 1, 2025, weekly crude oil production estimates are rounded to the nearest 100,000 b/d at the U
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2014-11-24· Oman has run a small budget surplus so far this year but the slide of the Brent crude oil price to around $80 a barrel in recent months, from levels of around $115 in June, promises to push it
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First export made from Mellitah port since Elephant restart Exports also resume from eastern ports of Marsa al-Hariga, Zueitina No sign of Sharara production restarting Libya s oil sector is showing tentative signs of recovery, with production now averaging around 300,000 b/d after the restart of the key Elephant field and with exports from the eastern ports of Marsa al-Hariga and Zueitina
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flaxseed screw soybean hemp seed oil press in nepal. BEST Screw Oil Press Machine Expeller for Vegetable Oil. The screw oil press machine, oil refinery equipment we developed can deal with a variety of oil-bearing seeds and nuts to produce different vegetable oils, including soybean, copra, peanut/groundnut, palm kernel, hemp seed, rapeseed, camellia/tea seed, mustard seed, flaxseed,
Get PriceFirst export made from Mellitah port since Elephant restart Exports also resume from eastern ports of Marsa al-Hariga, Zueitina No sign of Sharara production restarting Libya s oil sector is showing tentative signs of recovery, with production now averaging around 300,000 b/d after the restart of the key Elephant field and with exports from the eastern ports of Marsa al-Hariga and Zueitina
Get PriceNotes: Domestic crude oil production includes lease condensate and is estimated using a combination of short-term forecasts for the lower 48 states and the latest available production estimates from Alaska. Beginning with data for the week ending June 1, 2025, weekly crude oil production estimates are rounded to the nearest 100,000 b/d at the U
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Duqm Refinery will get it’s crude oil needs by transporting crude oil through a pipeline linking the refinery plant. Ras Markaz will be linked with oilfields in the Sultanate. Marine facilities that will be implemented for the import and export of oil will contribute to provide the crude oil needed by the refinery.
Get PriceFurthermore, Oman Oil Company is investing in the construction of two crude oil pipelines in the area. The first is a 440 km line from Nihayda booster station to Ras Markaz with a handling capacity of up to 700,000 bpd. The second is a 70 km pipeline from Ras Markaz to Duqm Refinery with a handling capacity of up to 300 bpd.
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Oman plans daily oil output of 1m barrels this year Tweet Muscat: Oman plans to produce an average of one million barrels of crude oil per day this year, despite a production cut of 45,000 barrels a day agreed with oil exporting Opec bloc, a top-level official at the Ministry of Oil and Gas said.
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2015-01-21· Oman's crude oil production is expected to rise by about 20,000 barrels per day in 2015, Omani oil minister Mohammad bin Hamad al-Rumhy told reporters on Wednesday. Oman has been pumping around 950,000 bpd of crude. Lower oil prices are not affecting Oman
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Market analysis: Oman crude makes inroads in the US Oman crude oil trading on the Dubai Mercantile Exchange during March hit fresh 2016 trading highs as prices
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Notes: Domestic crude oil production includes lease condensate and is estimated using a combination of short-term forecasts for the lower 48 states and the latest available production estimates from Alaska. Beginning with data for the week ending June 1, 2025, weekly crude oil production estimates are rounded to the nearest 100,000 b/d at the U
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