- Sort by:
- Score
- Published ▼
-
Saudi Slashes Jan-Feb Oil Burn; Can It Maintain The Progress?
...at fuel oil shipments to Saudi facilities (including seaborne domestic transfers) have started the year at multi-year lows (see chart 4). The Q1 average of 240,000 b/d was the lowest three-month average in Kpler data stretching back to 2017. This marked a significant drop from 318,000 b/d one ye...
Volume: 68Issue: 17Published at Fri, 25 Apr 2025 -
Middle East Replaces Displaced Russian Distillates In Europe
...rrels. Exports to Europe, including via Egypt’s Sidi Kerir storage hub, jumped by nearly 100,000 b/d to 772,000 b/d for Q1 according to data intelligence firm Kpler. This was the highest figure in Kpler data going back to 2017 and accounted for 46% of total Gulf middle distillate exports of 1....
Volume: 66Issue: 17Published at Fri, 28 Apr 2023 -
Mideast Distillate Exports Drop Amid Global Shortfall
...ower pace than envisioned by the IMF in January (MEES, 22 April) – and demand therefore rising, distillate crack spreads have widened dramatically. Inventories have been declining since mid-2021 “and are currently at their lowest level since at least 2017,” according to a 12 April note by consultancy FG...
Volume: 65Issue: 17Published at Fri, 29 Apr 2022 -
Aramco Buys Shell’s Sasref Stake In Push To Increase Downstream Control
...tiva JV, following which the Saudi firm assumed complete control of the 600,000 b/d Port Arthur refinery (MEES, 10 March 2017). The bond will help fund Aramco’s $69.1bn purchase of the 70% of state-led conglomerate Sabic currently held by sovereign wealth fund PIF (MEES, 5 April). Although Ar...
Volume: 62Issue: 17Published at Fri, 26 Apr 2019 -
Sabic Seeks Big Projects As Reorganization Continues
...With petchems competition up, Sabic targets a US shale and oil-to-chemicals boost. Saudi Basic Industries (Sabic), one of the world’s largest petrochemicals producers, says total production fell by 1.8% to 71.2mn tons in 2017 from its 2016 output record of 72.5mn tons. While 2017 was it...
Volume: 61Issue: 17Published at Fri, 27 Apr 2018 -
Sadara Polyolefins Fully Operational, Rabigh 2 Slated For 2H 2017
...dara" in 2017. With the olefins and polyolefins chain now operational, Sadara will next bring online the ethylene oxide and propylene oxide and derivatives units, before completing the aromatics plant and linked isocyanates and polyols units. Sadara expects most of its final products to be ex...
Volume: 60Issue: 17Published at Fri, 28 Apr 2017 -
Aramco Sees Petchems SMEs As Key To Vision 2030 Transformation
...opylene rubber 75; ethylene vinyl acetate 70; polyethylene terephthalate 420 Sabic/Celanese Jubail 2017 Polyacetal 50 Sabic/Mitsubishi Ju...
Volume: 59Issue: 17Published at Fri, 29 Apr 2016 -
Aramco Awards Final Big Jazan Contract; Yasref Ramp-Up Boosts Light Products
...mpletion in 2017. In the 15 April issue of ‘Arabian Sun,’ Aramco’s in-house magazine, Aramco says it has awarded detailed design for the refinery, while “the procurement of materials is ongoing, and lay-down yards are already filling up with pipes and steel that is ready for assembly.” Jazan re...
Volume: 58Issue: 17Published at Fri, 24 Apr 2015 -
Egypt To Slash Diesel Imports As ERC Work Starts
...d a 32,000 b/d distillate hydrotreater. Initial work will include piling, site preparation and soil remediation. ERC chief executive Thomas Thomason told reporters recently that the plant is expected to start up in early 2017. He notes that Egypt already produces enough fuel oil to meet domestic re...
Volume: 57Issue: 17Published at Fri, 25 Apr 2014 -
Total Signs $1.3bn Ras Laffan Condensate Splitter Deal; Seeks Saudi, Iraq Projects
...mand growth over 1997-2017 at 6% per annum, compared to 1.5% for Europe and America. And with Europe having lost 6% of its refinery capacity through closures, Mr Pouyanné wants 35% of Total’s downstream capital employed in the Mideast and Asia by 2017. The Gulf is high on Total’s radar. Both Mr...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013