Middle East
Clariant's OleMax 260 catalyst delivers strong performance for EQUATE Petrochemical Co.
Clariant announced one-year of successful operation of its novel OleMax 260 catalyst at EQUATE Petrochemical Company’s world-scale steam cracker in Kuwait.
KBR's blue ammonia technology selected for Shell’s Blue Horizons project in Oman
KBR has announced that its blue ammonia technology has been selected for Shell’s Blue Horizons low-carbon hydrogen and ammonia project in Duqm, Oman.
bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth
bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.
Gulf Energy Information appoints Catherine Watkins as Chief Commercial Officer to drive market expansion
Gulf Energy Information (Gulf), a premier B2B media company in the global energy sector, proudly announces the transition of Catherine Watkins from Chief Financial Officer (CFO) to Chief Commercial Officer (CCO), effective immediately. This strategic transition aligns with Gulf’s commitment to expanding market share and driving sales growth across key markets.
OPEC sticks to 2024 oil demand view, sees strong travel season
OPEC is sticking to its forecast for relatively strong growth in global oil demand in 2024 and next year, saying on Wednesday that resilient economic growth and air travel would support fuel use in the summer months.
EIA: Global oil market will be in supply deficit next year
Global oil demand will outpace supply next year, the U.S. Energy Information Administration (EIA) said on Tuesday, reversing a prior forecast for a surplus.
Saint-Gobain to acquire chemicals construction company FOSROC for $1 B
Saint-Gobain has entered into a definitive agreement to acquire FOSROC, a leading privately owned global construction chemicals player, for $1 B (€960 MM) in cash.
NEXTCHEM (MAIRE) awarded new contracts for proprietary equipment, technology, engineering services
MAIRE has announced that NEXTCHEM (Sustainable Technology Solutions) has been awarded new contracts for an overall value of approximately €30 MM by leading international clients, mainly in the Middle East and Europe.
Aramco’s strategic gas expansion progresses with $25 B in contract awards
Aramco has awarded contracts worth more than $25 B to progress its strategic gas expansion, which targets sales gas production growth of more than 60% by 2030.
New DNV survey highlights oil and gas sector paradox
The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.
- 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
