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Middle East

Aramco, Dow JV starts propylene glycol plant

KHOBAR, Saudi Arabia (Reuters) — Sadara Chemical Co, a $20 B JV between Saudi Aramco and US firm Dow Chemical, has started production at its propylene glycol plant, moving closer to full operation of the JV's petrochemicals complex.

Saudi Aramco reaffirms commitment to Pertamina JV as CEOs meet

KHOBAR, Saudi Arabia (Reuters) — Saudi Aramco CEO Amin Nasser met Pertamina boss Elia Massa Manik in Jakarta on Friday to reaffirm its commitment to their Cilacap Refinery joint development.

Pakistan orders Shell subsidiary to pay $2.4 MM for tanker blast

ISLAMABAD (Reuters) — Pakistan's oil and gas regulator on Friday ordered a subsidiary of Royal Dutch Shell to pay about $2.4 MM in damages and compensation for a tanker explosion that killed more than 200 people.

Saudi Aramco's 2016 oil reserves slip, gas up

KHOBAR, Saudi Arabia (Reuters) — Saudi Aramco said on Thursday its recoverable crude oil and condensate reserves slipped to 260.8 Bbbl at the end of 2016 but its daily crude oil production hit a new record of 10.5 MMbpd.

Saudi Arabia tightens its grip on Japan, its biggest Asian oil market

SINGAPORE/TOKYO (Reuters)— Saudi Arabia has boosted its market share in Japan, the world's top oil exporter's biggest Asian market, by selling more light crude to the country as a way to offset revenue lost implementing OPEC's production cuts.

Saudi Aramco, Hyundai Heavy to make engines and pumps together

DUBAI (Reuters) — National oil giant Saudi Aramco said it had signed a memorandum of understanding with South Korea's Hyundai Heavy Industries to make engines and marine pumps in the kingdom.

Pakistan State Oil seeks 905 Mt of oil products for September

SINGAPORE (Reuters) — Pakistan State Oil is seeking 905,000 t of gasoline and fuel oil for September, three tender documents showed on Wednesday.

Saudi Aramco, France's Total study mixed feed cracker

KHOBAR, Saudi Arabia (Reuters) — Saudi Aramco and France's Total are considering building a mixed-feed cracker and derivatives in Jubail, near their joint refining complex, industry sources said.

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

Bechtel Corp.: Thomas, C.  |  Spalding, M.  |  Patel, D.  |  Varma, H.

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.