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Sabic Reorganization Continues Ahead Of Planned Aramco Takeover
...rformance for 2018 was the best since oil prices crashed in 2014. Sabic made a profit of $5.73bn in 2018 on revenues of $45.1bn, figures which were respectively 17.0% and 12.8% up on 2017, though prices for Saudi Arabia’s key Arab Light crude were up even more at 33.5% (MEES, 1 February). SABIC OUTPUT TO...
Volume: 62Issue: 12Published at Fri, 22 Mar 2019 -
Iran Boosting Exports Of Products As Well As Crude; Gasoline Exports To Follow?
...low this (see p24), but there is no doubt that export volumes are on the rise. • Iran’s January refinery runs were 1.79mn b/d, the highest since January 2014, but still 170,000 b/d short of the July 2013 record 1.96mn b/d (see graph 1). • Gross crude plus products exports averaged almost 1....
Volume: 59Issue: 12Published at Fri, 25 Mar 2016 -
Saudi Aramco Taps Debt Market To Fund Rabigh 2
...its supply systems (MEES, 6 June 2014). RABIGH CAPACITY The existing Petro Rabigh plant is based around the cracker, which processes 95mn cfd of ethane, and a 400,000 b/d refinery. Output capacity is 18.4mn t/y of petroleum products and 2.4mn t/y of ethylene and propylene derivatives. “Up...
Volume: 58Issue: 12Published at Fri, 20 Mar 2015