Middle East
Editorial Comment: Optimizing our message to the oil and gas industry
The pages of <i>Hydrocarbon Processing</i> contain numerous case studies, techniques, advice and step-by-step approaches to optimizing downstream operations. These elements have been the focus of the magazine for the last 95 yr.
Yokogawa awarded analyzer package order for Oman petchem complex
Yokogawa Electric Corporation announces that its subsidiary, Yokogawa Electric Korea, has received an order to supply an analyzer package solution for the Liwa Plastics Industries Complex, which is being built for Oman Oil Refineries and Petroleum Industries Company (Orpic), a company owned and operated by the Oman government.
ADNOC, OMV sign MoU to support company’s downstream growth
ABU DHABI, UAE — His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the Austrian Federal Chancellor H.E. Christian Kern witnessed the signing of a Memorandum of Understanding between Abu Dhabi National Oil Company (ADNOC) and OMV AG (OMV).
Oversold: Oil traders punish OPEC for promising too much
VIENNA (Reuters) — As OPEC's latest meeting wrapped up in Vienna on Thursday night, ministers congratulated each other on its rare spirit of amity and consensus. The talks were, without a doubt, a success.
Saudi Aramco plans up to $30-B investment in Motiva by 2023
HOUSTON (Reuters) — Saudi Aramco plans an investment of up to $30 B in its US subsidiary Motiva Enterprises LLC, the company said in an announcement at a business summit in Saudi Arabia.
OPEC set to prolong oil cuts as delegates predict smooth meeting
VIENNA (Reuters) — OPEC will likely agree to extend production cuts for another nine months, delegates said on Tuesday as the oil producer group meets this week to debate how to tackle a global glut of crude.
Dow signs coatings, silicones investment agreements in Saudi Arabia
MIDLAND, Mich. — The Dow Chemical Company signed an agreement to construct a state-of-the-art manufacturing facility to produce a range of polymers for coatings and water-treatment applications in the Kingdom of Saudi Arabia (KSA), and a memorandum of understanding for a feasibility study related to a proposed investment in the Company’s Performance Silicones franchise.
Iraq says achieved OPEC oil cut share, ready to meet new demand
LONDON (Reuters) — Iraq has achieved its share of the production cut agreement reached by OPEC and non-OPEC producers at the end of last year but remains ready to meet future oil demand growth, according to a speech by Iraqi oil minister Jabar al-Luaibi on Monday.
Saudi Aramco: looking for opportunities to expand in US over 10 yr
RIYADH (Reuters) — National oil firm Saudi Aramco is looking for opportunities to expand in the United States over the next 10 yr, and wants to develop the business of its Motiva refinery in that country, chief executive Amin Nasser said on Saturday.
ExxonMobil, SABIC sign agreement for next phase of proposed US petchem project
RIYADH, Saudi Arabia — Affiliates of Exxon Mobil Corporation and SABIC signed an agreement to conduct a detailed study of the proposed Gulf Coast Growth Ventures project in Texas and begin planning for front-end engineering and design work.
- 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
