Middle East
Sipchem, LyondellBasell collaborate on feasibility for a world-scale mixed-feed cracker in Saudi Arabia
Sipchem and LyondellBasell have been awarded a feedstock allocation from the Ministry of Energy of Saudi Arabia supporting a joint feasibility study for a world-scale mixed feed cracker complex combined with a diversified derivative portfolio.
Argus Media to launch new Middle East gasoline assessment
Price assessment agency Argus Media will create a new Middle East gasoline benchmark in part due to rising output and trading in the region.
U.S. piles pressure on Iraq to resume Kurdish oil exports
U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran.
Egypt signs framework agreement to build $7-B petrochemical complex in New Alamein City
The Egyptian Ministry of Petroleum and Mineral Resources signed a framework agreement with the UK-based Shard Capital for the development of a $7-B petrochemical complex in New Alamein City, Egypt. The project will be developed in collaboration with Saudi Arabia's Al-Qahtani Group.
Alternative Chinese terminals emerge to take in sanctioned tankers
A handful of newer Chinese terminals recently began receiving oil tankers sanctioned by the U.S., according to five sources and shipping data, providing logistics relief after a major port operator unexpectedly banned such deliveries last month.
Wood confirms ADNOC Refining’s capability to produce lower carbon aviation fuel
Wood has confirmed ADNOC Refining’s capability to produce lower carbon aviation fuel, paving the way for its future alignment with International Civil Aviation Organization’s Carbon Offsetting and Reduction Scheme for International Aviation
Digital Exclusive: Executive viewpoint-Recycled plastic used in roads as Aramco adopts the circular economy
This article details how Aramco is using recycled plastic waste in the construction of new highways and the program aims to reduce emissions and costs, while improving the quality of road infrastructure by utilizing circularity principles
Borouge achieved a 24% increase in net profit in 2024, reaching $1.24 B
Borouge achieved a 24% year-on-year increase in net profit to $1.24 billion, driven by record production and sales volumes.
Fire at Iran's Marun Petrochemical Refinery contained, says IRNA
A fire at the waste warehouse of the Marun Petrochemical Refinery in southwest Iran on Tuesday has been put out, IRNA news agency reported, adding that six people suffered minor injuries from the incident.
Samsung E&A awarded EPC contract for 1.8-MMtpy TA'ZIZ Methanol project in the UAE
Samsung E&A received a Letter of Award for the engineering, procurement and construction of the 1.8-MMtpy TA'ZIZ Methanol Project. The contract value is $1.7 B, with a contract duration of 44 months.
- LyondellBasell to sell select European petrochemical assets to AEQUITA 6/9
- Alpek will cease operations at its PET facility in North Carolina (U.S.) 6/6
- ANDRITZ to acquire Diamond Power Intl. businesses 6/6
- ABB launches AMXE Marine Motor to enhance vessel efficiency 6/6
- Private refiners tap India's drivers as export markets tighten 6/6
- Irving Oil invests $100 MM in Saint John refinery upgrade 6/6
