Middle East
KBR awarded advisory consulting contract for Kuwait Oil Company's renewables and hydrogen masterplan project
KBR has announced it has been awarded an advisory consulting contract by Kuwait Oil Company for the development of a countrywide masterplan for the production of 17 GW of renewables and 25 GW of green hydrogen by 2050.
Aramco to buy stake in JV Petro Rabigh from Sumitomo Chem
Saudi Aramco will buy from Japan's Sumitomo Chemical a 22.5% stake in their petrochemical JV Petro Rabigh for $702 MM, as part of a turnaround plan for the loss-making venture. Under the deal, Aramco and Sumitomo Chemical will each provide $702 MM in funding to Petro Rabigh and waive loans worth a total $1.5 B.
ADNOC signs long-term HOA with Osaka Gas for Ruwais LNG Project
ADNOC announced the signing of a long-term Heads of Agreement with Osaka Gas, one of the largest utility companies in Japan, for the delivery of up to 800,000 tpy of LNG.
Saudi's small crude price hike for Asia shows bigger concerns
Asia's beleaguered oil refiners have received welcome relief on two fronts as crude prices slide and top supplier Saudi Arabia offered some relief.
Masdar, TotalEnergies to develop a commercial green hydrogen-to-methanol-to SAF project in Abu Dhabi
Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with TotalEnergies to assess the viability of developing a commercial green hydrogen (H2) to methanol to sustainable aviation fuel (SAF) project.
Libya's NOC denies it is in talks to supply crude oil to Nigeria refinery
Libya's National Oil Corporation (NOC) has denied holding negotiations to supply crude oil to a refinery in Nigeria.
Clariant's OleMax 260 catalyst delivers strong performance for EQUATE Petrochemical Co.
Clariant announced one-year of successful operation of its novel OleMax 260 catalyst at EQUATE Petrochemical Company’s world-scale steam cracker in Kuwait.
KBR's blue ammonia technology selected for Shell’s Blue Horizons project in Oman
KBR has announced that its blue ammonia technology has been selected for Shell’s Blue Horizons low-carbon hydrogen and ammonia project in Duqm, Oman.
bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth
bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.
Gulf Energy Information appoints Catherine Watkins as Chief Commercial Officer to drive market expansion
Gulf Energy Information (Gulf), a premier B2B media company in the global energy sector, proudly announces the transition of Catherine Watkins from Chief Financial Officer (CFO) to Chief Commercial Officer (CCO), effective immediately. This strategic transition aligns with Gulf’s commitment to expanding market share and driving sales growth across key markets.
- KazMunayGas starts building polyethylene plant with Sinopec, SIBUR 4/1
- Blue Tide, Shell Lubricants complete re-refining facility to develop high-performance lubricants 4/1
- Lummus successfully starts up PFAS demo unit to destroy "forever chemicals" 4/1
- Solvay partners with Cavalinho to reduce emissions at Brazilian chemical plant 4/1
- Shell completes Singapore refinery sale to Chandra Asri-Glencore JV 4/1
- Japan's Maruzen Petrochemical to shut ethylene unit in Chiba 4/1
