Middle East
Rönesans Holding closes financing on $2-B PP production plant in Türkiye
Rönesans Holding, one of Türkiye’s largest contracting and investment conglomerates, has closed the financing to progress the development of a major new polypropylene (PP) production plant and terminal facility, which will be one of the largest private sector industrial investments in Türkiye.
Saneg launches a company to develop business in the aviation fuel segment
Uzbekistan oil and gas company Saneg announced the creation of a new subsidiary - Saneg JetWhites, which will become an operator for the sale of aviation fuel of both domestic and imported production. The new brand will be part of Saneg's strategic direction to enter the aviation fuel market and strengthen its position in high-tech segments of the oil and gas industry.
OQ, Royal Vopak partner to accelerate development of Duqm as an integrated industrial hub
OQ, spearheading the development of Duqm in Oman as a premier integrated hub for hydrocarbons, chemicals, and low-carbon products, and Royal Vopak entered into an exclusive partnership framework agreement in the Special Economic Zone at Duqm (SEZAD). This is a significant step for a strategic alliance that aims to unlock future growth opportunities in industrial and energy terminal infrastructure and sustainable energy transition facilities in SEZAD.
Samsung E&A awarded contract for polylactic acid plant in the UAE
SAMSUNG E&A has announced that it is the contractor for its upcoming polylactic acid (PLA) production plant in the United Arab Emirates. The strategic project, officially named Falcon PLA Project, will deliver a cutting-edge facility producing a biodegradable and environmentally friendly plastic alternative and solidifies Emirates Biotech commitment to environmental responsibility and innovation.
Kuwait commences merger of state oil firms KNPC and KIPIC
Kuwait has begun taking executive steps to merge two of its state-owned oil firms, news agency Kuna reported on Tuesday, as the OPEC producer seeks to restructure its energy industry.
Axens completes site expansion to produce hydrogenation tail gas treatment catalysts in Saudi Arabia
The expansion of Axens Catalyst Arabia Limited comprises an additional capacity for Axens to manufacture tail gas treatment catalysts on site.
U.S. targets China oil storage terminal in new Iran-related sanctions
The Trump administration imposed sanctions on Iranian oil trading networks on Thursday, including on a China-based crude oil storage terminal linked via a pipeline to an independent refinery, just days before talks between the U.S. and Iran.
Saudi Aramco, Sinopec to expand Yasref petrochemicals complex
Saudi Aramco has signed a deal with China's Sinopec to expand a petrochemicals complex operated by their Yasref joint venture on the kingdom's western coast.
Burckhardt Compression awarded digital monitoring services contract for a chemical plant in Saudi Arabia
Burckhardt Compression has won a significant order for digital monitoring services in Saudi Arabia. This solution includes state-of-the-art PROGNOST® NT system to upgrade and digitalize a major customer’s reciprocating compressor installation in the Middle East.
Carbon Clean announces successful completion of world’s first industrial deployment of CycloneCC
Carbon Clean announced the successful completion of the world’s first industrial deployment of CycloneCC. The modular unit has achieved the major milestone of around 4,000 operating hours over a six-month period, delivering a high-purity CO2 product
- Rönesans Holding closes financing on $2-B PP production plant in Türkiye 4/17
- Saneg launches a company to develop business in the aviation fuel segment 4/17
- More than 100 employees leave U.S. EIA, putting crucial energy data at risk 4/17
- Russia ramps up oil products supplies to Indonesia 4/17
- India eyes ending import tax on U.S. ethane and LPG in trade talks 4/17
- Russia's diesel output to rise in May despite seasonal maintenance 4/17
