Middle East
Editorial Comment: Hydrocarbon Processing forecasts $361 B in total HPI spending in 2018
What is the state of the global hydrocarbon processing industry (HPI)?
Details on high-impact refining and petrochemical projects presently under construction, as chosen by HP editors and readers
The global hydrocarbon processing industry (HPI) continues to expand and modernize to efficiently meet growing demand for energy, transportation fuels and petrochemicals.
Iraq's November oil exports from south up at 3.5 MMbpd
BASRA, Iraq (Reuters) — Oil exports from Iraq's southern ports rose to an average of 3.5 MMbpd in November from 3.35 MMbpd in October, Basra Oil Company Director General Ihsan Abdul Jabbar told Reuters on Friday.
thyssenkrupp to build two major polymer plants in Turkey
thyssenkrupp Industrial Solutions’ subsidiary Uhde Inventa-Fischer has signed a contract to build two new world-scale polymer plants for SASA Polyester Sanayi A.Ş in Adana, Turkey. One plant is planned to produce 380,000 tpy of polyethylene terephthalate (PET) for low-viscosity applications.
OPEC agrees oil cut extension to end of 2018
VIENNA (Reuters) — OPEC and non-OPEC producers led by Russia agreed on Thursday to extend oil output cuts until the end of 2018 as they try to finish clearing a global glut of crude while signaling a possible early exit from the deal if the market overheats.
Grace licenses polypropylene process technology to KIPIC, Sinochem
COLUMBIA, MD. — W. R. Grace & Co., a supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has contracted to license its UNIPOL PP process technology to Kuwait Integrated Petroleum Industries Company (KIPIC) for the integrated petrochemical complex at its Al-Zour refinery and Sinochem Quanzhou Petrochemical Co., Ltd. for a 1-MMtpy ethylene cracker and refinery expansion project at its facility in Quanzhou, Fujian province, China.
Saudi Aramco, SABIC to develop crude oil to chemicals complex
Saudi Aramco and SABIC have signed a memorandum of understanding (MoU) to develop a fully integrated crude oil to chemicals (COTC) complex in the Kingdom of Saudi Arabia, which governs the execution of the front-end engineering design (FEED) before a final investment decision is made.
Iraq to divert most Kirkuk oilfield output to Iraqi refineries, says official
BAGHDAD (Reuters) — Iraq is preparing to divert most future output from Kirkuk oilfield to local refineries as a conflict with Kurdish regional authorities over the use of an export pipeline to Turkey continues, an Iraqi official said on Monday.
Iran pushes to retain Asia oil buyers as possible US sanctions loom
SINGAPORE (Reuters) — Iran is pushing to retain customers for its oil in Asia, hoping that price reductions will boost the appeal of its crude compared with other Middle Eastern supply even as the potential threat of further US sanctions on the country looms.
US crude extends rally to $58, first time since 2015
LONDON (Reuters) — Oil extended gains on Wednesday, with US crude hitting $58/bbl for the first time since July 2015 as a major pipeline cut Canadian crude flows to the United States, where inventories are expected to have fallen further.
- 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
