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Middle East

Union: Kuwait’s oil, gas worker strike remains on course for Sunday

"There are no negotiations between the unions and the government over the strike," Farhan al-Ajmi, head of the Petrochemicals Industries Co. workers union, told Reuters.

Saudi Arabia secures $23B deal to supply refined products to Egypt

Saudi Arabia is to provide Egypt with 700,000 tons/month of petroleum products under a $23-billion deal over five years between Saudi Aramco and the Egyptian General Petroleum Corp.

Global chemicals output shows monthly growth

During February, chemical production rose in North America, Western Europe, and Asia-Pacific; was flat in Africa & the Middle East; and fell in Latin America and Central and Eastern Europe.

Kuwait’s oil, gas workers plan to go on strike

Workers fear reduced salaries, benefits and layoffs will be part of a planned government overhaul of the payroll system in the public sector, according to the union.

Asian refiners turn to Middle East’s heavy crudes over Latin America

Latin American crude sold to Asia fell 1% in the first three months of 2016 from a year ago, while Middle East exports to Asia rose 7% in the first quarter, according to new data.

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

Gulf Organization for Industrial Consulting (GOIC): Elgozali, A.

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

Nexant: Spiers, A.
Nexant Energy and Chemicals Advisory: FaÍsca, N.

The recent agreement between Iran and the international community represents clear opportunities and challenges for petrochemical producers.

Business Trends: Global petrochemical overview—Part 1

Hydrocarbon Processing Staff: Nichols, Lee

This series examines the global petrochemical landscape, new project developments and regional outlooks.