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World’s largest green hydrogen project’s total investment value closes at $8.4 billion 23 May 2023

NEOM Green Hydrogen Company (NGHC) has announced that following signing financial documents with 23 local, regional, and international banks, and investment firms, it has now achieved financial close on the world’s largest green hydrogen production facility at a total investment value of $8.4 billion (£6.7bn)....

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Turkey begins natural gas deliveries from Black Sea reserve 21 April 2023

Turkey has started taking deliveries at a new onshore plant of natural gas from its strategically important Black Sea reserve. Turkish Petroleum Corporation’s (TPAO) launch of Sakarya Phase One has been labelled a “game changer” that will redefine the scale of the country’s upstream sector....

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UN purchases tanker to store oil from stranded, decaying oil tanker off Yemen coast 15 March 2023

The United Nations announced on March 9 that it had signed an agreement to purchase an oil tanker to remove more than a million barrels of oil from a decaying tanker off Yemen’s Red Sea coast that threatens a humanitarian and environmental catastrophe....

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Major oil terminal and pipeline shut down following earthquakes in Turkey 07 February 2023

A major Turkish oil export hub and a key crude oil pipeline were shut down following the 7.8 and 7.7 magnitude earthquakes that hit Turkey and Syria on February 6. Operations at the Baku-Tbilisi-Ceyhan (BTC) Terminal in Ceyhan on Turkey’s southern coast were stopped after a “small” leak was reported while crude oil imports from Iraq via the Kirkuk–Ceyhan Oil Pipeline were also stopped....

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Saudi Aramco and TotalEnergies to build world scale petrochemical complex in Saudi Arabia 16 December 2022

Saudi Aramco and TotalEnergies announced on December 15 that they have taken the final investment decision for the construction of a world scale petrochemical facility in Saudi Arabia. The “Amiral” complex will be owned, operated, and integrated with the existing Saudi Aramco TotalEnergies Refining and Petrochemical Company (SATORP) refinery located in Jubail on Saudi Arabia’s eastern coast....

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Saudi Aramco signs MoU with Shandong Energy Group 14 December 2022

On December 7, the Saudi oil and gas giant Saudi Aramco and Shandong Energy Group signed a strategic cooperation agreement in Jinan to jointly develop project opportunities for refining and chemical integration in China....

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Coal mine blast kills 41 in Turkey 17 October 2022

A coal mine explosion in Turkey’s northern Bartin province killed 41 people on October 14. Turkish President Tayyip Erdogan has said that 110 people were in the mine when the blast happened and that 58 managed to escape or were rescued. A two-day search and rescue operation ended after the final missing body was discovered around 20 hours after the explosion happened....

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Key Iranian refinery hit by explosion 09 September 2022

An explosion and fire broke out at a key refinery in Iran on September 2. The incident happened in the southwestern city of Abadan where one of the country’s oldest and largest refineries is located. According to state news, no one was injured in the incident at the refinery which produces around 25% of the country’s fuel....

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Qatar partners with energy majors to expand world’s largest LNG project 05 July 2022

QatarEnergy announced on July 5 that it has signed a deal with Shell as part of the North Field East expansion project, the single largest project in the history of the liquefied natural gas (LNG) industry. Shell joins Exxon, TotalEnergies, ConocoPhillips, and Eni in partnering with state-owned QatarEnergy for the planned expansion at the world's largest gas field....

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Chlorine gas leak kills 13, injures over 300 in Jordan 28 June 2022

A chlorine gas leak from a storage tank killed 13 people and injured over 300 others at a port in Jordan on June 27. The incident happened in the city of Aqaba on the Red Sea coast in the south of the country after a 25-tonne tank filled with chlorine gas fell while being loaded onto a ship at the facility....

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