Middle East
Technical issues at Sipchem’s IGC plant reduce operating capacity
A technical issue at a carbon monoxide plant owned by Sipchem led to reduced capacity at plants that use the gas as a feedstock for their products.
Oman says new refinery capacity to cut crude oil exports
Oman's crude oil exports will drop by about 50 Mbpd when new refining capacity comes onstream in the northern city of Sohar by early 2017.
Porner begins construction of bitumen blowing unit at SOCAR’s Heydar Aliyev refinery
Austrian company Porner was awarded an engineering, construction and management (EPCM) contract for the construction of a new bitumen blowing unit at SOCAR’s Heydar Aliyev oil refinery.
ARC study names Implico a market leader of terminal automation systems in EMEA
International software and consulting company Implico remains a market leader of terminal automation systems in Europe, the Middle East and Africa (EMEA) region, according to the most recent market study conducted by ARC Advisory Group.
Siemens energizes high-voltage substations at KNPC’s Clean Fuels Project in Kuwait
Siemens has energized the high-voltage substations as part of a greenfield development under KNPC’s Clean Fuels Project at Mina Al Ahmadi (MAA) and Mina Abdullah (MAB) refineries in Kuwait, paving the way for a significant capacity boost and increasing power stability at the two facilities.
Eni reaches deal with Exxon on Mozambique gas project
Italian oil firm Eni has wrapped up long-running talks to sell a multi-billion dollar stake in its planned Mozambique LNG development to Exxon Mobil.
Turkey's Petkim says operations continue after reports of police operations
Police operations at Petkim’s main facility in Aliaga have not affected operations.
Italian refiner Saras starts repaying Iranian oil debt
Italian oil refiner Saras has paid back part of the debt it owes Iran for cargoes of crude oil taken before sanctions were imposed on the country in 2012.
Egypt studies 8 state-owned oil companies for IPO or share
Egypt's Ministry of Investment will assess eight state-owned petroleum companies for their suitability for a possible listing on the Egyptian Stock Exchange.
SABIC wants to grow its way out of earnings slump
SABIC aims to grow its way out of an extended earnings slump brought on by the impact of lower oil prices on the petrochemicals sector.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
