Chinas independent oil refineries, known as teapots, are gaining in market share as a slowing economy rewards their more flexible business model, piling further pressure on margins at the. Figures based on march 2019 monthly oil market report. Our pwc oil and gas country specialists have provided up to date information on the oil and gas fiscal and regulatory regimes, as well as significant developments for 8 of the key middle eastern countries. Environmental, health, and safety guidelines for petroleum. The 2019 asb provides key statistical data on oil and natural gas. Moreover, in the spirit of cooperation with the egyptian government, technipfmc has also been awarded a contract for the basic design of the assiut refinery hydrocracker complex. Preliminary studies showed a high economic feasibility of the expansions, which transfers midor refinery from 3rd to 4th generation. Geopolitics and news analysis from the middle east. Middle east oil refinery co in cairo egypt, midor decypha. Refining and petrochemicals middle east reveals the top 25 refineries in the region, based on their designed processing capacity. Jan, 2011 as the conventional and cheap oil and gas start to dry up in the middle east, a bigger, even better opportunity seeks to replace it.
Us shale industry draws plans to punish saudi arabia in. Mar 27, 2018 middle east oil refinery midor, egypt company information. This annual report provides more about our strategic vision for your company and. Oil exports from the middle east gulf states amounted to 19.
The ehs guidelines for petroleum refining cover processing operations from raw crude oil to finished products, for example refinery fuel gas, liquefied petroleum gas, motor gasoline, kerosene, diesel oil, heating oil, fuel oil, bitumen, asphalt, lubricant oils, waxes, sulfur, petcoke, and intermediate products for the petrochemical industry. Middle east leads global crude oil and condensate production. A printed copy of our 2018 annual report can be ordered free of charge. Chinas teapot oil refineries pose challenge to majors. Top 25 refineries in the middle east and africa gas and oil.
Refiningworlds downstream energy sector report, crude oil refining industry in middle east and africa. Gulf oil was a major global oil company from 1901 until march 15, 1985. Guide to shutdowns and turnarounds reuters reports that the refinery, which. Technipfmc signs a major contract with midor for their. Oct, 2011 refining and petrochemicals middle east reveals the top 25 refineries in the region, based on their designed processing capacity. Or would you like to find out more about the publication. The purpose of an oil refinery is to turn crude oil into products that are fit for enduse, in the quantities that are required by the market. This document constitutes the annual report and accounts in accordance with uk requirements and the annual report on form 20f in accordance with the us securities exchange act of 1934, for bp p. Our readers rely on us for the most comprehensive, analytical coverage of news from the middle east, muslim countries, europe, and the united states.
Oil production in barrels per day top fifteen countries 2018. We refine the oil that is produced by other adnoc companies, and operate the largest single refinery in the middle east. This statistic was assembled using several editions of the annual report. Middle east oil exporters are locked in an increasingly fierce battle for the worlds fastestgrowing markets in asia, as producers worldwide ship more crude east to compensate for shrinking. Takallam provides a facility to report any behavior by our employees, contractors or. An unplanned shutdown at the north refineries companys baiji oil refinery in early august due to a mechanical fault means the company has now been required to significantly increase production. Global oil scenario country india china middle east usa. Motiva refinery and s oil in south korea, industry sources said.
We are proud to present you with the first edition of our oil and gas tax guide for the middle east. Mpgc 2020 is cohosted by the bahrain petroleum company bapco, the national oil. Global refinery oil demand will reach a high by 2022 at only 2% above 2017 levels, followed by a. Middle east oil producers turn to crude trading to boost. Chevrons exploration and production in the middle east.
Previous versions of the tables from 1995 2004 are available on the petroleum supply annual, volume 1 historical page. Drone attacks on saudi plant could hit global oil supplies. United states, other western hemisphere, total, near and middle east, other eastern hemisphere, total. For many who arent familiar with the region, the middle east. The world confederation of businesses has granted middle east oil refinery midorthe bizz award 2019 peak of success for being successful. Orl has a total oil refining capacity of approximately 9. Middle east oil producers turn to crude trading to boost incomes. This statistic shows the oil production in the middle east from 1998 to 2018. Middle east oil refinery midor, alexandria hydrocarbons. Gb00bdsfg982 has signed a major 1 engineering, procurement, and construction epc contract by middle east oil refinery midor for the modernization and expansion. Opec launches 2019 annual statistical bulletin opec. Get uptodate business information, contact details, latest news and press releases and. Shutdowns and turnarounds in the oil and gas industry. Middle east oil refinery midor, considered to be africas most advanced refinery, is being expanded to increase its capacity from the existing 100,000 barrels per day bpd five million tonnes per year to 160,000bpd.
Decypha middle east capital markets data middle east company profiles, middle east public listed companies best viewed on desktop fadfa hasfgjhgsf hjgdsgjdgfa. Mar 04, 2020 the countries in the middle east are renowned for their vast oil reserves in the global market. The answer is venezuela with an estimated 302 billion barrels available of proved crude oil reserves. American shale oil companies are calling for a number of measure to reprimand saudi arabia including denying the kingdom access to its oil refinery in.
Oil exports from the middle east and the price of oil. Category general news middle east north africa soybean oil view u. Eni engages in oil and natural gas exploration, fields development and production, mainly. Midor is an egyptian shareholding company established on 12071994 to perform the activity of crude oil refining and highquality petroleum products processing, for domestic and international markets. Cookies also allow us and third parties to tailor the ads you see when you visit our site and other third party websites.
Middle east refinery industry outlook report q3 2014. The 2018 annual report and form 20f, the 2018 sustainability report and the 2018 investors handbook are now available for online reading and as pdf download. It operates the largest oil refinery in the country. The projected annual product quantities would rise to about 280 thousand tons of lpg, 1.
Watch our video and explore the animation to follow. Marathon petroleum corporation exclusively maintains bookentry form of. The startup of huge oil refineries in the middle east is set to shake up fuel markets from asia to europe as the oil producing region expands its influence beyond drilling for crude. Oil refinery jobs jobs in gulf jobs in middle east job.
Estirnated from statistics in petroleum data book, 1948. Area reports internationalafrica and the middle east. For more than 37 years, the washington report on middle east affairs has been essential reading for the nations most sophisticated populace. Crude oil refining industry in middle east and africa. Learn about working at middle east oil refinery midor. New mideast oil refineries could stir up fuelmarket. Sep 29, 2017 middle east oil producers turn to crude trading to boost incomes.
The world oil market has recovered since mid1999, driven by a combination of low global inventories, increased cooperation between opec and nonopec producers on output restraint, improved quota discipline among opec members, oil sector strikes in key producing countries, and geopolitical developments in the middle east. Middle east oil, born of the authors years of scholarship and exposure in the field, describes the problems of the past but, more important, it gives insight into how the problem will manifest itself in the future, and provides a direction for efforts toward a final resolution. The saudi arabian petrochemicals company sneaks onto the list seeing as it is listed on the saudi stock exchange although 70% of it is still owned by the saudi government. Chevron made the first two major discoveries here in bahrain in 1932 and in the kingdom of saudi arabia in 1938 and eight decades later, we continue to play an important role. Apr 15, 2020 technipfmc plc has confirmed details of its scope of work on an earlier awarded let by the egyptian government for implementation of the expansion at stateowned middle east oil refinery co. At yearend 2018, the book value of inventory was lower than replacement costs. We look at the energy situation, oil supplies and relations between middle eastern countries. To do so, this piece will analyze the effects of the 20142015 reduction in three countries. The eighthlargest american manufacturing company in 1941 and the ninthlargest in 1979, gulf oil was one of the socalled seven sisters oil companies. Middle east s largest energy portal, which delivers latest news, data, analysis and opinion for the regions energy professionals. This downstream energy sector report, crude oil refining industry in middle east and north africa 2019. See who you know at middle east oil refinery midor, leverage your professional network, and get hired. Refining crude oil and producing high quality petroleum products. Find 28 crude oil refinery buying leads from 28 crude oil refinery global buyers at ec21.
Mar 23, 2017 this piece explores how the dramatic reduction in oil prices affected the economic and political structures within the middle east. Midor is the most advanced refinery in africa and is being classified as the sixth in the mediterranean, based on technological complexity. Bains 10 th annual global private equity report is a fearless look at the industrys strengths and challenges after a recordbreaking fiveyear run. Middle east oil refinery midor, egypt company information. Midor middle east oil refinery, amreya, alexandria, egypt. We are adnocs oil refining business, established in abu dhabi in 1999. Individual refinery xls files from 1994 2005 are available from the drop down menu above. In particular, the analysis will explore the pre2014 economic conditions, how the. The middle east and north africa in a changing oil market by. Midor middle east oil refinery, heliopolis, cairo, egypt. Oil 2018 is the annual fiveyear iea forecast of global oil demand, supply refining, and trade. Crude oil refinery buyers, buying leads, crude oil. List of books and articles about oil and the middle east.
Cookies also allow us and third parties to tailor the ads you see when you visit our site and other third party websites in the same online network, including social networks. Market data and business intelligence of all operational and new build refineries is a. On first glance, its lines and shading give the impression that it is a political map, marking nations and the boundaries. Published eight times a year, it covers the exploration and production, upstream and downstream petroleum industry from the gulf corporation council states and iran to north africa and the caspian. A cross reference to form 20f requirements is included on page 348 of the annual report. Each report includes sections on government policies and programs, environmental issues, trade and production data, industry structure and. The international petroleum cartel, staff report to the federal trade. Sabic will need no introduction to anyone from the middle east. We play a crucial role in serving both the group and the nation.
Middle east drones signal end to era of fast jet air supremacy. The number of active refineries in the arab world reached 64 this year, with a total refining capacity of 7. Home browse history middle eastern history oil and the middle east. Middle east oil refinery midor, considered to be africas most advanced refinery, is being expanded to increase its capacity from the existing 100,000 barrels per day. Oil and gas forecast to 2050 energy transition outlook 2017. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Opec member countries have made significant additions to their oil reserves in recent years, for example, by adopting best practices in the. Apply to 2257 vacancies for oil refinery jobs, 816 in uae, 512 in saudi arabia, 324 in qatar. Magazine focused on upstream and downstream business and technological developments that apply to the whole middle east region, from iran to north africa. Refinery capacity report energy information administration. Jxtg holdings procures most of its crude oil from the middle east.
Prior to its merger with standard oil of california, gulf was one of the chief instruments of the mellon family fortune. Jan 22, 2016 as oil prices continue to wallow at lows not seen for more than decade, petroleum exporting countries in the middle east are looking to reform their economies so that they can weather the shock of. Senior vice president, eastern refining operations. Midor at a glance midor is an egyptian shareholding company established on 12071994 under the ministerial decree no. Please contact dhanasekharanp at ikholdingcompany dot com. Middle east and north africa oil refining markets, 20102018. Annual report pursuant to section or 15d of the securities. Oil production middle east by country 2018 statista. Share price information and charts, calculators and historical share prices. The crude oil is usually sent from a well to a refinery in pipelines see under pipe. Choose crude oil refinery global buyers, importers, wholesalers and distributors ec21. Some recent regional trends in crude oil including lease condensate production are described below. North east eurasia, and middle east and north africa. In some cases refineries are located near the source of production.
A map of the middle east prepared by the british governments foreign office, published as part of a survey of middle east oil resources, tells us much about the wests attitude to the region throughout the 20th century. The company was founded in 1976 to process some of the huge amounts of saudi arabian oil byproducts into. While the largest importer of oil and petroleum is the united states, the leading producer of oil in. Discover librarianselected research resources on oil and the middle east from the questia online library, including fulltext online books, academic journals, magazines, newspapers and more. The refinery capacity report became a separate product in 2006, which includes tables in pdf format and an individual refinery xls file.