Latest Samref refinery News & Updates

New Delhi, May 10 (IANS) Saudi Arabian Oil Company (Aramco) president and CEO Amin H. Nasser said on Sunday that the oil giant’s East-West Pipeline has reached its maximum capacity of 7.0 million barrels of oil per day and is proving to be a crucial alternative to the Strait of Hormuz for ensuring energy supplies to world markets. Aramco announced a 25 per cent increase in its quarterly profit as it increased exports via a pipeline that bypasses the Strait of Hormuz, after the Iran war stopped…