Middle East
Saudi Arabia crude exports rise to 8.258 MMbpd in November
DUBAI (Reuters) -- Saudi Arabia's crude oil exports in November rose to 8.258 MMbpd from 7.636 MMbpd in October, official data showed on Thursday.
Saudi petchem giant SABIC's profit jumps as industry recovers
RIYADH (Reuters) -- Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups, gave further evidence of a recovery in the sector on Thursday with its first profit rise in ten quarters.
Iran, China to sign $3 billion contract to upgrade Iranian refining capacity
BEIRUT (Reuters) -- Iran and China will sign a $3 billion contract next month to upgrade Iran's oil refining capacity, according to Iran's Mehr News agency.
ADNOC to improve energy efficiency by 10% by 2020
ABU DHABI, UAE – The Abu Dhabi National Oil Company (ADNOC) announced, today, it plans to introduce measures that will increase energy efficiencies by 10% by 2020. The energy efficiency strategy will reduce ADNOC’s gas consumption by 156 MMcf/d, saving a total of $1 billion by 2020.
Shell selected as supplier of Rolls-Royce genuine engine oil
DUBAI, UAE -- Shell announced that it has been chosen by Rolls-Royce Motor Cars Ltd as the exclusive manufacturer and supplier of Rolls-Royce Motor Cars Genuine Engine Oil. From October 2016, this oil has started to become available to Rolls-Royce Motor Cars Dealers around the world.
India's 2016 Iran oil imports hit record high
NEW DELHI (Reuters) -- India's annual oil imports from Iran surged to a record high in 2016 as some refiners resumed purchases after the lifting of sanctions against Tehran, according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts.
Saudi keeps Feb oil exports steady to most buyers in Asia; cuts India, Malaysia
DUBAI/SINGAPORE (Reuters) -- Saudi Arabia has cut February term crude supplies to refiners in India and Southeast Asia, seeking to comply with an OPEC deal, but it has held most of its exports to the rest of Asia steady for a second month, industry sources said on Wednesday.
Saudi cuts Feb oil exports to some buyers in India, Malaysia to meet OPEC deal
DUBAI/SINGAPORE (Reuters) -- Saudi Arabia has cut February term crude supplies to refiners in India and Southeast Asia, seeking to comply with an OPEC deal, but it has held most of its exports to the rest of Asia steady for a second month, industry sources said on Wednesday.
Iraq gives full February crude supply to three Asia, Europe buyers despite OPEC cut
(Reuters) -- Iraq, OPEC's second-largest oil producer, has given full supply allocations of Basra crude to three refiners in Asia and Europe for February, three sources with direct knowledge of the matter said on Monday.
Aramco awards Técnicas Reunidas ‘Clean Fuels’ project at Ras Tanura refinery
Saudi Aramco, the Saudi Arabian state-owned oil company, has selected Técnicas Reunidas (TR) to execute the turnkey contract for the “Clean Fuels” project in the Ras Tanura refinery in the east coast of Saudi Arabia.
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
- KBC launches Visual MESA Energy Management System 7.3 11/18
- MHI Compressor secures steam turbine contract at Baton Rouge (U.S.) olefins plant 11/18
