Refining

Saudi Aramco. the world’s biggest oil producer. is moving to invest in refineries overseas to help lock in demand for its crude.

The spill occurred near a refinery operated by the state-owned oil and gas company Pertamina.

The Anbar refinery is part of a government plan to increase the nation’s oil processing capacity and reduce its oil products imports.

The project is expected to achieve a direct conversion rate from crude oil to chemicals of almost 50 percent.

Over the next five years. Wood Mac expects U.S. shale producers to add some 4 million bpd to their daily production.

Aramco was ".in principle". interested in entering India'.s fuel retail business.

The first shipment of Euro 5 gasoline produced by Persian Gulf Star Refinery was delivered to Shahid Rajaee port in south of the country on December 3.

The Kirkuk refinery will provide oil derivatives with high quality specifications. such as high octane gasoline and other derivatives.

India plans to increase its crude oil refining capacity by 77 percent to 438.65 million tons.

Asia’s demand to refine crude oil into fuel products like gasoline and diesel will average 34.5 million barrels per day (bpd) in 2018.