Middle East
Global chemicals output shows monthly growth
During February, chemical production rose in North America, Western Europe, and Asia-Pacific; was flat in Africa & the Middle East; and fell in Latin America and Central and Eastern Europe.
Kuwait’s oil, gas workers plan to go on strike
Workers fear reduced salaries, benefits and layoffs will be part of a planned government overhaul of the payroll system in the public sector, according to the union.
Asian refiners turn to Middle East’s heavy crudes over Latin America
Latin American crude sold to Asia fell 1% in the first three months of 2016 from a year ago, while Middle East exports to Asia rose 7% in the first quarter, according to new data.
Iran eyes $55 billion in petrochemical investment
"Iran needs $55 billion for 60 projects in the petrochemicals sector over a period of 10 years," Deputy Oil Minister Marzieh Shahdaei said at a conference this week.
Saudi’s SABIC starts trial operations at new rubber plant with ExxonMobil
Trial operations have started at the carbon black and utilities unit of the Al-Jubail Petrochemical Co. (KEMYA) rubber plant, officials with the joint venture said in a statement.
Petrochemical value chain analysis reveals downstream opportunities for Qatar
The existing petrochemical value chains in Qatar are analyzed in this article to identify the potential downstream industry opportunities.
Strategic assessment of the Iranian petrochemical industry
The recent agreement between Iran and the international community represents clear opportunities and challenges for petrochemical producers.
Business Trends: Global petrochemical overview—Part 1
This series examines the global petrochemical landscape, new project developments and regional outlooks.
Global Project Data
This month’s installment of Global Project Data focuses on the global petrochemical sector.
Iran’s lack of storage access limits oil exports to European refiners
Some 45-50 million barrels of Iran's oil are estimated to be held in tankers at sea, barely changed from the amounts thought to be in floating storage before sanctions were lifted at the start of the year.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
