Tag: Oil Refinery

  • Ukraine crisis: Crude oil hits $100 per barrel

    Ukraine crisis: Crude oil hits $100 per barrel

    At last, the price of crude oil (Brent) has hit the roof at $100 per barrel in the international market, due mainly to the ongoing Ukraine crisis. The price of oil had been predicted to rise to $100 per barrel because of a sustainable increase in demand after the Coronavirus pandemic lockdown, but it did…

  • 2 contractors killed, 2 wounded at oil refinery

    2 contractors killed, 2 wounded at oil refinery

    SASREF, a Saudi oil refinery owned by the state energy giant Aramco, on Tuesday said that two contractors were killed and two others wounded in an “operational incident.” The company said in a statement that the incident occurred on a vessel in the eastern city of al-Jubail while the contractors were working on the unit…