Tag: closure
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The closure of the El Feel field brings back the specter of stopping Libyan oil exports again (video)
The specter of halting Libyan oil exports has resurfaced in the aftermath of the storming of the El Feel oil field by protesters, protesting the kidnapping of the Minister of Finance of the Government of National Accord, Faraj Boumtari, after news of his candidacy for the post of central governor. Against the background of the…
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An expected decrease in the exports of the Kuwaiti Al-Zour Refinery after the closure of one of the units
It seems that the exports of the Kuwaiti Al-Zour refinery will witness a decline during the coming period, despite expectations of an increase in supplies to Europe and Asia to compensate for Russian fuel. The crude distillation unit at the refinery of the state-owned Kuwait Petroleum Corporation was closed due to a technical problem, according…
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The closure of one of the largest oil fields in the North Sea due to exceptional taxes
Canada’s Canadian Natural Resources International has decided to shut down the Ninian field, one of the largest oil fields in the North Sea, given difficult market conditions, due to high natural gas production costs, unexpected taxes and lower UK business prospects. The company is working to “accelerate the abandonment” of its two remaining Ninian South…
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The closure of the largest oil refinery in Pakistan .. and the industry is on the verge of collapse
The largest oil refinery in Pakistan closed its doors for about a week. Due to the unavailability of crude oil, in light of threats of an imminent collapse of the industry. The Kenergico refinery, formerly known as Beco Petroleum, has been shut down and production will resume on February 10; In line with the schedule…