• 2 January 2012

    Petroplus to shut down three European refineries

    Oil refiner Petroplus Holdings will suspend operations at three of its refineries over the coming weeks due to limited credit availability and the economic climate in Europe.

  • 20 December 2011

    APICORP awards loan to build oil terminal in the UAE

    The Arab Petroleum Investments Corporation (APICORP), a multilateral development bank, has signed an agreement to provide a $61m loan to fund the construction of the Socar Aurora Fujairah Terminal (SAFT)...

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