US-Saudi Consortium Advances Plans for $5 Billion Gulf refinery

(Reuters) – The MERA Oil consortium of U.S. and Saudi Arabian companies is advancing plans for a $5 ​billion integrated refinery and export corridor in the ‌Gulf aimed at boosting regional energy infrastructure, its partners said on Wednesday, as the Iran war continues to disrupt energy flows. Texas-based ​energy development company MWG Group, the Patel Family ​Office … Read more