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Saudi Arabia And Iran Reignite The Oil Price War

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The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil. a barrel premium over the Dubai/Oman average.

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GlobalData: Asia to spearhead global refinery FCCU capacity additions between 2022 and 2026

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Asia is expected to register the highest refinery Fluid Catalytic Cracking Units (FCCU) capacity additions globally between 2022 and 2026, accounting for approximately 48% of the total capacity additions by 2026, according to GlobalData, a data and analytics company. —Teja Pappoppula, Oil and Gas Analyst at GlobalData.

Asia 195
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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

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Flows through the Strait in 2011 were roughly 35 percent of all seaborne traded oil, or almost 20 percent of oil traded worldwide. ”. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. million bbl/d was crude oil. million bbl/d in 2009-2010. —US EIA.

Oil 297
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Plug Power expands hydrogen supply chain partner network in Spain with CLH

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Through the agreement, CLH will develop hydrogen production assets and downstream markets in Spain, in the industrial, mobility and power production/storage sectors for distribution to Plug Power customers throughout Europe. The CLH Group is a leading international company in the transport and storage fuel products in Europe.

Spain 186
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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

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Ireland-based electrolyzer company Fusion Fuel Green PLC will collaborate with Consolidated Contractors Group S.A.L. The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar. We are delighted to be partnering with the CCC to open this new market.

Fusion 170
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GECF: more than a quarter of 2050 natural gas supply untapped

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Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference. Sentyurin also acknowledged the role of Turkmenistan as one of the founders of the Forum, the 20 member countries of which today represent 71% of proven gas reserves, 45% of its marketed production, 53% of pipeline, and 60% of LNG exports across the world.

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Oxea launches new phthalate-free plasticizer as C8/C10 trimellitate replacement

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Oxsoft L9 is a direct replacement for C8/C10 trimellitates: Produced on purpose, Oxea not only offers the linear C9 alcohol (n-Nonanol), but also the linear C9 trimellitate in order to fulfill market demand and ensure supply reliability. Oxea is owned by Oman Oil Company S.A.O.C.

Oman 150