Refining & Petrochemicals

The Middle East & North African downstream sectors is split into ‘haves’ and ‘have nots’. The wealthy countries with economies boosted by oil and gas exports are mainly looking to expand their downstream industries to squeeze more out of their oil assets. The poorer countries struggle to meet demand for fuels.

Refining & Petrochemicals

6 Mar, 2026

Featured

Qatar Shuts Its LNG Facilities

QatarEnergy has shut down its world-leading Ras Laffan LNG facilities following a drone strike, causing global gas prices to soar.
Asian Spot LNG Prices For April Delivery Surged On Qatar LNG Disruption ($/mn Btu)
Refining & Petrochemicals

6 Mar, 2026

Top Story

Jet Leads Refined Product Crunch As War Ravages Gulf Oil Flows

The war in the Gulf is causing havoc in refined oil products markets. Attacks on regional refineries and the closure of the Hormuz Strait are cutting the world off from essential oil flows. Jet in particular is the first to feel the squeeze from the crisis.
Asia Accounted For 37% Of Global Refinery Throughputs In 2025 (%)
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NEWS IN BRIEF

Aramco Announces Share Buyback Plan

13 Mar, 2026

Progress At Key Saudi Gas Power Plant Projects

13 Mar, 2026

BP Confirms Egypt Offshore Awards

13 Mar, 2026

TotalEnergies Highlights Middle East Production Shut-Ins

13 Mar, 2026

Egypt Announces Sirius Offshore Drilling Success

13 Mar, 2026

Decision Time For Opec+

27 Feb, 2026

EOG Expects First Results From UAE, Bahrain Wells In Q2

27 Feb, 2026

BGC Boosts Gas Capture At Iraq Fields

27 Feb, 2026

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SELECTED DATA

Egypt’s LNG Balance (mn tons): Cairo May Look To Tentatively Restart LNG Exports In 2025 After Imports Surged To A Seven-Year High For 2024

Qatar’s Contracted LNG Sales Volumes (mn t): Uncontracted Volumes Are Set To Surge As New Capacity Ramps Up

Jazan Crude Oil Deliveries Fall To Lowest Level Since 2021 Start Amid Maintenance (mn barrels)

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