Middle East
ADNOC, AIQ developing first-of-a-kind agentic AI solution for global energy transformation
ENERGYai will combine large language model technology with cutting-edge ‘agentic’ AI – AI ‘agents’ that are trained in specific tasks across ADNOC’s value chain. These specialized AI agents bring a new level of autonomy and precision to critical tasks, from seismic analysis to energy efficiency and real-time process monitoring.
Oman's OQ to list up to 49% stake in methanol, ammonia and LPG arm
Oman's OQ Base Industries, the methanol, ammonia and LPG arm of state-owned OQ, plans to list an up to 49% stake on the local stock exchange. The listing is part of a privatization program by state-owned energy group OQ to diversify its economy and cut its debt.
Cannon Artes breaks ground on massive industrial wastewater treatment/water reuse plant in Qatar
Cannon Artes is building a large-scale, advanced wastewater treatment and water reuse plant in one of the top three petrochemical complexes in the Middle East region. The system will treat up to 25,000 m3d of effluent water and cooling-tower-blowdown water.
Utilize a process simulation digital twin to optimize condensate yield
With the aim to maximize profit, and contribute to sustainability targets by reducing greenhouse gas emissions, ADNOC Sour Gas has optimized condensate hydrotreater operation by adjusting Reid vapor pressure, which resulted in maximizing condensate yield. This article is a case study on using a process digital twin to optimize condensate yield.
Aramco, Petrovietnam sign Collaboration Framework Agreement for increased petrochemicals trade
The framework agreement signed by Aramco and Petrovietnam will explore opportunities for cooperation in storage and the supply and trading of energy and petrochemical products
Vietnam says Saudi Aramco wants to invest in oil refining, petrol distribution
Oil giant Saudi Aramco wants to invest in the oil refinery sector and petroleum distribution in Vietnam, the Southeast Asian country's government said in a statement issued late on Tuesday.
Iraq's Kerbala refinery to operate at 50% in coming days
Iraq's Kerbala refinery will operate at around 50% capacity in the coming days. The refinery will process around 60,000 bpd as four of its eight heat exchanger units will stay offline for extensive maintenance
China, Saudi Arabia top buyers of Russian fuel oil in September
China and Saudi Arabia were the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in September.
Fertiglobe becomes ADNOC’s platform for low-carbon ammonia growth globally
ADNOC announced the completion of its acquisition of OCI Global’s 50% + 1 shareholding in Fertiglobe, increasing its share in the Company to 86.2%, with 13.8% remaining in free float on the Abu Dhabi Securities Exchange (ADX).
Global refinery margins fall to multi-year seasonal lows in September
Refinery margins for petroleum refiners across the world are shrinking, indicating reduced profitability from refining crude oil and selling petroleum products.
- Indian Oil Corp says Gujarat refinery operations normal after benzene tank fire 11/11
- Russia to aid hurricane-hit Cuba with diesel fuel 11/8
- SABIC opens ULTEM™ resin manufacturing facility in Singapore 11/8
- U.S. refiners hold output at high levels as fuel inventories sag 11/8
- Catalyxx secures $5.8-MM Series A equity round to advance green chemistry technology 11/8
- Neste changes its guidance due to unplanned shutdown of Rotterdam refinery 11/8