Tag: increase
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Duqm Refinery begins trial operation to increase oil refining capabilities in the Sultanate of Oman (photos)
The Sultanate of Oman has started the trial operation of the crude oil distillation unit at the Duqm Refinery, in preparation for the operation of all units of the refinery, which will increase the oil refining capacity by about 230,000 barrels before the end of this year. The design of the refinery depends on the…
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A plan to increase fuel storage capacity in Vietnam with an investment of $11.5 billion
The weakness of Vietnam’s fuel storage system has led to a series of problems in the country’s fuel supply over the past year. This prompted officials to develop long-term plans to increase future storage capacities. Vietnam’s Ministry of Industry and Trade has prepared a plan to increase national fuel storage capacities with a required investment…
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Fuel prices in the UAE for the month of March 2023… a new increase
Fuel prices are set to rise in the UAE for next March (2023) again, to continue their rise after the price increase in February. Today, Tuesday, February 28, the prices of gasoline and diesel in the UAE for the month of March 2023 were announced, a decision that citizens and residents usually await on the…
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Gasoline prices in Egypt… Details of the largest increase since fuel liberation
Gasoline prices in Egypt recorded their largest increase in terms of value since the liberalization of the fuel price more than 3 years ago. The new increase announced by the Petroleum Products Pricing Committee ranged between EGP 0.75 and EGP 1 for various types of gasoline, with the largest percentage being 92-gasoline, the most widely…
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Chinese refineries are preparing to increase their imports of Russian oil
Chinese refineries continue to receive flows of Russian oil, and Beijing is seeking to increase the pace of those flows in the coming times, through unannounced official moves with representatives of those refineries. The increase in China’s imports of Russian oil reflects Moscow’s success in providing markets that can absorb its crude, instead of Europe,…
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Launching a plan to develop the Libyan oil sector to increase production to two million barrels per day (video and photos)
The head of the Libyan Oil Corporation, Farhat bin Qadara, announced the start of developing the strategic plan for the oil and gas sector in the country. Today, Wednesday, the KPC, in cooperation with the American Kearney Company, launched the development of the strategic plan for the sector, which includes the KPC and its subsidiaries.…
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Fuel prices in Qatar for the month of February 2023… a new increase for gasoline
Fuel prices in Qatar for February (2023) are set to witness a slight increase in gasoline prices, after being fixed during January (2023) prices. Today, Tuesday, January 31, Qatar Energy Company announced new gasoline and diesel prices in the country, which are scheduled to start working tomorrow, Wednesday, February 1 (2023), according to what the…
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Fuel prices in China are falling again in conjunction with the increase in exports of gasoline and diesel
Fuel prices in China have fallen again, amid fears of a decline in domestic demand with the increase in coronavirus cases. Yesterday, Tuesday, January 17, the National Development and Reform Commission announced that, starting from midnight last night, the prices of oil derivatives in China will decline in most cities, according to the data seen…
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Plans to increase oil production in Guyana to tap 25 billion barrels of reserves
US ExxonMobil continues to focus on boosting oil production in Guyana; The company is preparing to approve its fifth project, which is scheduled to start production in 2027 for a period of 20 years, according to estimates by the Government of Guyana. ExxonMobil’s proposed fifth development at the Oro oil field would pump about 250,000…
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Kazakh oil is preparing to increase supplies through the Caspian Sea pipelines in 2023
In the second year after the outbreak of the Russian-Ukrainian war, the Caspian Sea Pipelines Consortium (CPC) announced its willingness to increase supplies of Kazakhstani oil in 2023, which may contribute to alleviating global demand concerns. The Director General of the Caspian Sea Pipelines Union, Nikolai Gorban, said that the expected increase in supplies during…
