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Middle East

Editorial Comment: Petrochemical project announcements top $80 B since 2014

Hydrocarbon Processing Staff: Nichols, Lee

Although new petrochemical project announcements have fallen over the past 3 yr, the global petrochemical sector will continue to see strong growth through the end of the decade.

Simulation for the prevention of hydrates during FCC gas processing

Abu Dhabi Oil Refining Co. (TAKREER): Karakaya, M.  |  Rakib, M.  |  Musharfy, M.  |  Suleiman, M.

In the last decade, maximizing refinery production of polymer-grade propylene (PGP) has gained importance due to high demand from the petrochemical industry.

India to cut Iranian oil purchases in row over gas field

NEW DELHI (Reuters) -- Indian state refiners will cut oil imports from Iran in 2017/18 by a fifth, as New Delhi takes a more assertive stance over an impasse on a giant gas field that it wants awarded to an Indian consortium, sources familiar with the matter said.

ADNOC seeks gasoline in second tender after January fire

SINGAPORE (Reuters) -- Abu Dhabi National Oil Co (ADNOC) is seeking a total of 316,000 t of gasoline for shipment in May and June to help make up for a shortfall in its own production following a fire in January at its Ruwais refinery, traders said on Tuesday.

Egypt to halve arrears with oil companies in coming weeks

RAVENNA, Italy (Reuters) -- Egypt expects to cut the $3.5 B euros it owes to international oil companies by around half in coming weeks, the Egyptian oil minister said on Wednesday.

BB Energy buys Morgan Stanley's diesel terminal in Australia

LONDON (Reuters) -- BB Energy has bought Morgan Stanley's diesel terminal in Australia as the oil trader expands outside its core European and Middle East markets, the trading company said on Tuesday.

OPEC, non-OPEC to look at extending oil-output cut by six months

KUWAIT (Reuters) -- A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday.

Tel Aviv's trash is being turned into fuel

TEL AVIV (Reuters) -- Residents of Tel Aviv can start feeling a little less guilty about the amount of garbage they throw away.

Thai Oil buys first crude cargoes from Oman, US amid OPEC cuts

SINGAPORE (Reuters) -- Thailand's largest oil refiner Thai Oil has bought its first ever cargoes of US Eagle Ford crude and Oman crude as its diversifies purchases amid OPEC production cuts, two sources with knowledge of the matter said on Friday.

Saudi exports to US to fall by 300,000 bpd in March

DUBAI (Reuters) -- Saudi Arabia's crude exports to the United States in March will fall by around 300,000 bpd from February, in line with OPEC's agreement to reduce supply, a Saudi energy ministry official said on Thursday.