Tag: refinery

Construction & Real Estate

US-Saudi consortium Mera Oil shortlists three GCC sites for $5bn refinery

MWG Enterprises, a US-based energy development company, said it has - in partnership with Patel Family Office and PWS, a company of Saudi Arabia’s AHQ Group - entered the final ​stage of site selection for its planned $5 billion integrated refinery and energy export corridor. ...

Construction & Real Estate

Saudi Arabia's Ras Tanura refinery shut after drone incident

A drone strike has forced the temporary closure of the Ras Tanura Refinery, one of the world’s largest oil processing facilities in Saudi Arabia, dealing a fresh blow to global energy markets already on edge over escalating regional tensions....