Middle East
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.
Saudi petrochemicals venture SaBuCo starts up new plant at Jubail
The SABUCO plant in Jubail will have a capacity of 330,000 tpy of n-butanol, a type of alcohol used to make other chemicals, and 11,000 tpy of iso-butanol.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
