Middle East
Industry Perspectives: HPI project announcements analysis shows decline over past 3 yr
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, more than 870 new projects have been announced since 2015.
Petrochemicals: Asia to lead growth in the aliphatic hydrocarbon solvents and thinners market
A variety of aliphatic hydrocarbon solvents and thinners are being consumed globally. Preferences for one solvent over another depend on various factors, such as solvency, evaporation rate, boiling point, viscosity and surface tension.
Hamriyah Free Zone Authority partners with Gulf Publishing Company
To further promote the petrochemical, oil and gas sector of the Hamriyah Free Zone, the Hamriyah Free Zone Authority (HFZA) has signed a strategic partnership with Gulf Publishing Company (GPC), the world’s largest independent media company devoted exclusively to the global energy industry for more than 100 yr.
Oil hits new two-and-a-half year highs as higher output looms
SINGAPORE/LONDON (Reuters) — Oil prices rose on Wednesday to new two-and-a-half year highs as robust output in the United States and Russia balanced tensions from a sixth day of unrest in OPEC member Iran.
ADNOC, OCP sign long-term sulfur agreement
CASABLANCA, Morocco — The Abu Dhabi National Oil Company (ADNOC) and the OCP Group of Morocco (OCP) announced the signing of a long-term sales agreement whereby ADNOC will supply OCP with granulated sulfur.
Iran's oil production, exports not impacted by protests
DUBAI (Reuters) — Iran's crude oil production and exports have not been impacted by the unrest spreading across the country, Iranian oil and shipping sources said on Tuesday, as a crackdown intensified against anti-government demonstrations that began last week.
Iraq's exports from southern oilfields hit record 3.535 MMbpd in Dec
BAGHDAD (Reuters) — Oil exports from Iraq's southern Basra ports rose to a record high of 3.535 MMbpd in December from 3.5 MMbpd the previous month, two oil officials said on Monday.
Saudi Arabia hikes gasoline prices
DUBAI (Reuters) — Saudi Arabia was set to raise local gasoline prices on Monday, state news agency SPA reported.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 330 active gas processing/LNG projects around the world.
Business Trends: The future of LNG—Part 1
Over the past several years, new gas processing/LNG capacity has surged in nearly every region. Growth on both the supply and demand sides has resulted in the announcement of billions of dollars of capital investment across the world. Millions of tons of new LNG import and export capacity have commenced operations, with hundreds of millions of tons still under development.
- Ineos to shut polystyrene facility in Illinois (U.S.) by the end of the year 6/19
- How ASTM approval of methanol-to-jet accelerates SAF at scale 6/19
- EU crafts plan to give industries extra free CO2 permits this year 6/19
- PetroChina forecasts Chinese oil consumption will drop 4.9% this year 6/19
- Digital Exclusive: Water injection pump mechanical seals failure after pump shutdown 6/19
- Russian gasoline output down 25% so far in June after drone attacks on refineries 6/19
