forte oil in talks on refinery deal to boost capacity

  • forte oil in talks on refinery deal to boost capacity manufacturer
  • forte oil in talks on refinery deal to boost capacity factory
  • forte oil in talks on refinery deal to boost capacity factory

Martinique: French Rubis Group Becomes Majority Owner

The Rubis Group has completed a deal which places it as the majority owner of the SARA refinery at Fort-de-France, Martinique. The company now has a 71% stake in the facility which has a capacity of 16.000 bbl per day.

Forte Oil Plc: Investors in frosty step up – Vanguard News

Investors in the Nigerian Stock Exchange, NSE, last week, took some frosty steps towards the stock of one of Nigeria’s leading indigenous oil sector conglomerates, Forte Oil Plc (FO), moving the

Reliance Plans To Boost Capacity Of World’s Biggest Oil

India’s Reliance Industries—which operates the world’s biggest refining complex—is planning a major capacity expansion of the site to increase crude oil processing capacity to around 2

Forte Oil offers power, upstream businesses for sale

Forte Oil Plc has entered into share sale and purchase agreements to sell its power and upstream businesses in continuation of complicated divestment programme involving its major shareholder and

Indonesia's refinery buildup to hit Asia's oil product

The two companies are also in talks to upgrade and expand the 170,000 b/d Dumai refinery and 125,000 b/d Balongan refinery but details are still to be finalized. Pertamina is, meanwhile, pursuing a revamp and expansion of the 260,000 b/d Balikpapan refinery and plans to boost its capacity by 100,000 b/d by late 2024.

Refining Capacity Stays Flat Despite Oil Production

Despite the fact that U.S. crude oil production has been setting records over the past few months, little new additional refinery capacity is being added across the United States, according to

Refining | Energy Egypt

Egypt has signed a deal with Italy’s Technip to set up a $1.9 billion refinery complex that will be the largest in the country’s south as part of the government efforts to meet local market demands, the petroleum ministry said in a statement on Thursday. The deal, signed between state-owned oil company ENPPI, the Assiut […]

Saudi Aramco's talks with India's Reliance for refinery

Saudi Arabia’s Energy Minister Khalid al-Falih said state-run Saudi Aramco’s talks with Reliance Industries to buy a minority stake in the Indian conglomerate’s refining assets have not

New refineries as solution to Nigeria's- Vanguard News

New refineries as solution to Nigeria’s fuel challenge.Total, Forte Oil, Oando Plc, MRS, 11 Plc and Nipco Plc.who visited the Dangote Oil Refinery site at Lekki Free Trade Zone, in

Stalled Aramco IPO sets back deal-making at U.S

It evaluated deals for LyondellBasell Industries NV's Houstonand considered expanding its sole U.S. oil refinery.but we do want to increase our refining capacity,” said Todd Fredin

Reliance Industries (RIL), Saudi Aramco Talks On Stake

The Reliance Industries talks to grant a minority stake in its refining assets to Saudi Aramco have hit a roadblock over the valuation and structure of the deal, two people familiar with the

Permian Basin Refinery Project Doubles in Capacity | Rigzone

The developer of a planned West Texas refinery has decided to increase crude oil processing capacity in the Permian Basin by one-third rather than one-sixth.

Shell Deal Hands Biggest U.S. Oil Refinery to Saudi Aramco

Saudi Aramco will assume control of the biggest oil refinery in the U.S. after a $2.2 billion deal with Shell that exits a joint venture in Port Arthur, Texas.

Pacífico Eloy Alfaro Refinery and Petrochemical Complex

The Pacifico Eloy Alfaro Refinery and Petrochemical Complex (Pacific Refinery) is being constructed at El Aromo, Manta, in the province of Manabi, Ecuador. It represents the biggest investment in Ecuador’s history, and will be the biggest refining complex in the Pacific coast when it comes online in 2024.

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