Middle East
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.
Saudi Arabia leaves US shale-processing plants to Shell in Motiva split
The refineries in Port Arthur, Texas, and Convent, Louisiana, had been growing apart for several years before the companies recently announced plans to split ownership.
Saudi Aramco looks to expand Asian downstream investments: CEO
Nasser said the Saudi oil giant is looking to expand its downstream investments in China, Malaysia, India, Vietnam and Indonesia. He was speaking at the China Development Forum in Beijing.
- U.S. EIA forecasts new export licensing requirements will reduce U.S. ethane exports 6/18
- Nigeria to export first gasoline cargo to Asia from Dangote refinery 6/18
- Indian refiners cancel palm oil orders for July-September as prices surge 6/18
- U.S. set to object to green jet fuel recommendation at UN aviation council 6/18
- Phoenix Contact introduces intrinsic safety versions of the MINI Analog Pro Ex conditioners for hazardous areas 6/18
- EIA: U.S. crude inventories fall by most in a year, fuel stocks build 6/18
