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Middle East

Petronas Chem sells half of polymers business to Saudi Aramco for $900 MM

KUALA LUMPUR (Reuters) — Malaysia's Petronas Chemicals Group Bhd (PCG) said on Monday it plans to sell 50% of a polymers unit to Saudi Aramco's wholly owned subsidiary, Aramco Overseas Holdings Coöperatief U.A. for $900 MM.

Show Preview: ADIPEC

Hydrocarbon Processing Staff: Blume, Adrienne

The 20th edition of Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) will take place 13–16 November at the Abu Dhabi National Exhibition Centre.

Global Project Data

Hydrocarbon Processing Staff: Nichols, Lee

<i>Hydrocarbon Processing</i>’s Construction Boxscore Database is tracking more than 1,700 active downstream construction projects around the world.

Industry Perspectives: What is the future of the global HPI?

Hydrocarbon Processing Staff: Nichols, Lee

Over the past year, the world has witnessed significant downstream capacity growth in all sectors of the hydrocarbon processing industry (HPI).

Editorial Comment: HP Top Project Awards 2017

Hydrocarbon Processing Staff: Nichols, Lee

It’s that time again! <i>Hydrocarbon Processing</i> has announced the nominees for its annual Top Project awards.

Troubleshooting the repetitive failure and shaft seizure of a hot oil circulation pump

Saudi Aramco: Allah, W. K.  |  Al-Abood, A.  |  Ballard, F.  |  Brashler, K.

The Shaybah NGL recovery plant has a single-stage, double-suction between bearings, radial-split design for hot oil circulation.

Diversification: The catalyst for the Middle East’s downstream transformation

Hydrocarbon Processing Staff: Nichols, Lee

Over the past several years, the Middle East has made substantial investments to increase its downstream processing capacity.

Iran bans oil refinery products traffic with Iraqi Kurdistan

ANKARA (Reuters) — Iran has banned transportation of oil products by Iranian companies to and from Iraq's Kurdistan region, the semi-official Tasnim news agency said on Friday, after Tehran vowed to stand by Baghdad against Iraqi Kurds' independence vote.

S. Korea's KNOC refreshes Iraqi crude supplies in oil reserves

SEOUL/SINGAPORE (Reuters) — Korea National Oil Corp (KNOC) issued several tenders to buy and sell Iraqi crude from its strategic petroleum reserves (SPR) this week, three industry sources with knowledge of the matter said on Friday.

Iraqi PM's office says Turkey agrees to deal only with Baghdad on oil exports

BAGHDAD (Reuters) — Turkey told Iraq it would deal only with the Iraqi government on crude oil exports, the office of Iraqi Prime Minister Haider al-Abadi said on Thursday.