Energy companies launch venture for Oman refinery

Energy companies launch venture for Oman refinery

DUBAI - The Associated Press
Government-owned energy companies in Oman and the United Arab Emirates (UAE) are launching a joint venture to build an oil refinery and petrochemical complex in a port town on Oman’s Arabian Sea coast.
The Oman Oil Company and the UAE’s International Petroleum Investment Company said in a statement sent yesterday that the refinery in Duqm will have a have a capacity of 230,000 barrels per day. It is slated for completion in 2017.The refinery complex would be built at a later stage.

No financial details were given, but previous estimates have put the cost of the refinery at $6 billion.
IPIC is controlled by the emirate of Abu Dhabi, which controls the bulk of the UAE’s oil reserves and serves as the federation’s capital.

Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant() Greece pushes green transition on its fragile islands

Greece pushes green transition on its fragile islands
LATEST NEWS

  1. Greece pushes green transition on its fragile islands

    Greece pushes green transition on its fragile islands

  2. AI firms seek accords with publishing giants to maintain growth

    AI firms seek accords with publishing giants to maintain growth

  3. Competition authority launches probe into Mastercard, Visa

    Competition authority launches probe into Mastercard, Visa

  4. BP announces $7 billion gas project investment in Indonesia

    BP announces $7 billion gas project investment in Indonesia

  5. Trudeau to send checks to millions of Canadians

    Trudeau to send checks to millions of Canadians
Recommended
AI firms seek accords with publishing giants to maintain growth

AI firms seek accords with publishing giants to maintain growth
Competition authority launches probe into Mastercard, Visa

Competition authority launches probe into Mastercard, Visa
BP announces $7 billion gas project investment in Indonesia

BP announces $7 billion gas project investment in Indonesia
Trudeau to send checks to millions of Canadians

Trudeau to send checks to millions of Canadians

SEC Chair Gensler to exit, clearing way for Trump pick

SEC Chair Gensler to exit, clearing way for Trump pick
Volkswagen workers head towards strikes from December

Volkswagen workers head towards strikes from December
Turkish defense company to empower Pakistani army

Turkish defense company to empower Pakistani army
WORLD Greece pushes green transition on its fragile islands

Greece pushes green transition on its fragile islands

Greece this week signed a clean energy deal with the EU in a bid to fast-track the green transition on its fragile islands threatened by overtourism and climate change.
ECONOMY AI firms seek accords with publishing giants to maintain growth

AI firms seek accords with publishing giants to maintain growth

Publishing giants and generative artificial intelligence companies are striking deals that aim to both protect copyright and provide for the rapidly increasing needs of the AI industry.
SPORTS Türkiye heads to Nations League playoffs after Montenegro loss

Türkiye heads to Nations League playoffs after Montenegro loss

Türkiye spurned the opportunity to finish atop its group in the UEFA Nations League and qualify for League A directly with a 3-1 loss at Montenegro on Nov. 19 night.