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
8 May, 2026
Featured
Fujairah On The Front Line
After a peaceful interlude, Fujairah is back on the front line, and missile attacks this week caused significant infrastructure damage.
Fujairah Oil Storage Facilities And Refineries
Refining & Petrochemicals
8 May, 2026
Top Story
Saudi Turns To Fuel Oil Imports Amid Hormuz Closure
Saudi Arabia’s fuel oil imports surged last month, indicating that reduced gas availability will cause oil burn to rise. New renewables capacity will help mitigate.
Saudi Fuel Oil Imports At Record Seasonal Levels (‘000 b/d)
NEWS IN BRIEF
World Bank Approves $1bn Egypt Reform Package
15 May, 2026
TotalEnergies Signs Egypt West Med MoU
15 May, 2026
Kuwait Captures Iranian Operatives
15 May, 2026
Iraq’s BGC Exports Condensate Cargo
15 May, 2026
Saudi’s Rabigh 4 Desalination Plant Brought Online
15 May, 2026
Trump-Xi Summit: No Iran Breakthrough
15 May, 2026
Israel To Examine Gas Storage Potential
8 May, 2026
Second Iraqi Fuel Oil Tanker At Banias
8 May, 2026
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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