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Iraq Launches Najaf Refinery Expansion Project

Iraq Business News: Oil & Gas

Prime Minister Mohammed Shia Al-Sudani has laid the foundation stone for the expansion of the Najaf [Al-Ashraf] refinery, a strategic project that will increase refining capacity by 70,000 barrels per day. According to the Ministry of Oil, the expansion will raise the refinery's total production to 100,000 barrels per day.

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Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in May with 1,972 postings, followed by Gasoline Stations with Convenience Stores (1,447) and Petroleum Refineries (824).

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ORLEN Ceases All Supply of Russian Oil

Rigzone

The Polish energy company said all of its refineries have been supplied with non-Russian oil since March, with the final contract for Russian oil delivery from Rosneft ending June 30. Since April 2023, all of the crude processed by ORLEN’s Polish and Lithuanian refineries has been sourced from non-Russian sources, the company stated.

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Venezuela’s PDVSA oil sales abroad hit $17.5 billion in 2024 as exports jump

Oil & Gas 360º

and European refineries. President Nicolas Maduro and his government have always rejected sanctions by the United States and others, saying they are illegitimate measures that amount to an “economic war” designed to cripple Venezuela. The licenses to U.S.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

The EU Emissions Trading System regulatory framework The EU Emissions Trading System (EU ETS) regulatory framework initiated its trial phase in 2005, initially focusing on the power and heat, refinery, cement, iron, steel, glass, and pulp and paper industries. In the PNIEC, the government reported that 67.9

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The First Oil Well in the World – Bibi Heybat

Aresco

The success of the Bibi Heybat well attracted attention from entrepreneurs, engineers, and governments, and it sparked what could be considered the first true oil rush in world history. Pipelines, refineries, and export terminals followed, creating a full-scale oil ecosystem.

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Saudi Arabia’s crude oil exports jumped by 400,000 bpd in April

Oil & Gas 360º

saudi arabia country international flag blue sky background cloud white banner object freedon government allmiddle eastern culture islam kingdom riyadh election politic identity holiday opec.3d Domestic refinery intake slumped in April from March, which also freed more barrels for exports. million bpd.

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