1. Aramco Downstream Results Hit By Lower Margins, Sadara Impairment

    ...en completed and was being commissioned at year-end 2019. This will benefit petchems producers who are currently having to process some other feedstocks because of tight ethane supply/demand (MEES, 28 February).  ARAMCO REVENUE BY OPERATING SECTOR ($BN) $1=SR3.75. *2018 FIGURES AND 2017 TO...

    Volume: 63
    Issue: 12
    Published at Fri, 20 Mar 2020
  2. 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: 62
    Issue: 12
    Published at Fri, 22 Mar 2019
  3. Egypt Privatization: 23 Firms On the Block; Oil Firms Feature Heavily

    ...rlier plan included Amoc and Sidpec among the first group of firms to be offered (MEES, 14 July 2017). UPGRADING PLANS   Amoc is raising $500mn to fund the construction of a 20,000 b/d hydrocracker alongside its 35,000 b/d vacuum distillation plant (MEES, 23 March). Also at Alexandria, Midor is ex...

    Volume: 61
    Issue: 12
    Published at Fri, 23 Mar 2018
  4. Aramco, Sabic Ink China Downstream Deals During King Salman’s Asian Tour

    ...ars. But it was knocked off its perch in 2016, with Russia edging it out (by 1.05mn b/d to 1.02mn b/d). It’s got off to a strong start in 2017, beating Russia in the first two months: in February, China imported 1.25mn b/d from Saudi – the most since February 2016. At a development forum in Beijing on...

    Volume: 60
    Issue: 12
    Published at Fri, 24 Mar 2017
  5. Iran Boosting Exports Of Products As Well As Crude; Gasoline Exports To Follow?

    ...0mn (MEES, 6 November 2015). Iran hopes the plant will come fully onstream in the second half of 2017. 1: IRANIAN REFINERY OUTPUT (‘000 B/D)... ...% OF TOTAL 2: IRAN NET OIL PRODUCTS EXPORTS (‘000 B/D) 3: IRAN GASOLINE SUPPLY (‘000B/D)...

    Volume: 59
    Issue: 12
    Published at Fri, 25 Mar 2016