Middle East
Total nears deal to invest up to $2 B in Iran's petrochemical industry
LONDON (Reuters) — Total and Iran have reached a preliminary agreement to build three petrochemical plants in a deal that if finalized could see the French oil major investing up to $2 B in Iran, an Iranian oil industry official said on Tuesday.
Enhanced flash zone design for coker fractionators
Since the flash zone is the first process undergone by the coke drum effluent vapor upon entering the column, the operation of the flash zone is critical to the operation of the entire coker fractionator column.
Could your facility benefit from a marine terminal assessment?
How sure would a terminal manager at a distribution terminal, or a line manager at a refinery or a chemical plant that has marine loading and unloading docks, be that those docks are being operated at a level that ensures long-term safe performance?
Analyze the startup vibration of hot pumps to prevent trips
Online monitoring and diagnostic systems are used by petrochemical plants and refineries worldwide for their critical machinery monitoring capabilities.
OPEC oil output jumps to 2017 high as Nigeria, Libya pump more
LONDON (Reuters) — OPEC oil output has risen in June by 280,000 bpd to a 2017 high, a Reuters survey found, as a further recovery in supply from the two member countries exempt from a production-cutting deal offset strong compliance by their peers.
S.Korea's GS E&C wins $865-MM order to rebuild ADNOC's fire-hit refinery
SEOUL/SINGAPORE (Reuters) — Abu Dhabi demand for gasoline is expected to stay firm after its plans to restart a gasoline-making secondary unit at its Ruwais refinery were delayed by about a year into early 2019.
Iran's July crude exports set to fall from June-source
TOKYO (Reuters) — Iran's crude oil exports in July are set to fall 7% from this month's three-month high, mainly due to a decline in exports to Europe, a person with knowledge of the Middle Eastern country's tanker loading schedule said.
UAE energy minister says no talk about further OPEC supply cuts
PARIS (Reuters) — There is no talk of further oil output cuts by the Organization of the Petroleum Exporting Countries and its allies despite only a slow drawdown in inventories, the United Arab Emirates' energy minister said on Thursday.
Egypt raises fuel prices by up to 50% under IMF deal
CAIRO (Reuters) — Egypt on Thursday hiked fuel prices by up to 50% to help meet terms of a $12 B IMF loan deal, a sharper rise than expected by many struggling with soaring living costs and a further test of President Abdel Fattah al-Sisi's popularity.
OPEC in no rush on deeper oil output cut, to look at in July
LONDON (Reuters) — OPEC will not rush into making a further cut in oil output or end some countries' exemptions to output limits, OPEC delegates said, although a meeting in Russia next month is likely to consider further steps to support the market.
- ABB enhances AI capabilities of flagship industrial device digital solutions 4/17
- XCF, DevvStream, Southern Energy Renewables partner to bring transferable 45Z clean fuel credits to market 4/17
- HyOrc completes independent process and technology verification for waste-to-methanol platform 4/17
- Bottled lightning makes a cleaner fuel: Research shows how bursts of plasma convert methane into methanol without high heat and pressures 4/17
- Evonik launches high performance isodewaxing catalysts for fuels and lubricants production 4/16
- BASF to increase its price for neopentylglycol in the U.S. and Canada 4/16
