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Aramco Steps Up Multi-Billion Dollar Refinery Upgrade Strategy
...line next year. Now, Aramco is once again examining whether to integrate petrochemicals into its wholly-owned 635,000 b/d Motiva refinery at Port Arthur in the US. Previously operated by the 50:50 Motiva JV with Shell, Aramco took full control of the refinery in 2017 (MEES, 10 March 2017). Mr Na...
Volume: 68Issue: 18Published at Fri, 16 May 2025 -
Iraqi Kurdistan’s Energy Sector Under Attack
...vancing Islamic State and Kurdish fighters filled the vacuum, saw it banned by NOC following the federal government’s re-taking of the fields in 2017. Kar’s proposal to take over two power plants in Basra last year was denounced by MPs (MEES, 12 February 2021) who labeled it as a sell-off of “state as...
Volume: 65Issue: 18Published at Fri, 06 May 2022 -
Sabic Boosts Transparency Ahead Of Aramco Takeover
...grow its petrochemicals footprint. As well as enabling the kingdom to squeeze additional revenue from its oil and gas output, Riyadh sees petrochemicals as driving future hydrocarbons demand growth. Meanwhile, Sabic’s agri-nutrients output has been up and down and metals output has rallied from a 2017...
Volume: 62Issue: 18Published at Fri, 03 May 2019 -
Kuwaiti Oil Minister Under Fire As KPI Eyes Indian Refinery
...ly appointed minister in December, having previously been chief executive of KPI (MEES, 15 December 2017). Among accusations against Mr Rashidi are claims he caused losses of hundreds of millions of dollars through delays in starting up the Vietnamese refinery. State news agency Kuna said this we...
Volume: 61Issue: 18Published at Fri, 04 May 2018 -
Sabic and Exxon Kick Off US Petchems JV
...rm Kiewit, the other Taiwan’s CTCI and US firm McDermott. Sabic costs the project at $7.3bn, of which its 50% share will be financed through both internal and via external funding. The firm’s 2017 earnings were $4.9bn (MEES, 27 April). Initial engineering and construction work is scheduled to be...
Volume: 61Issue: 18Published at Fri, 04 May 2018 -
Jihadists Take Iraq’s Baiji Refinery; Shell Delays Majnoon
...st, if not all, of the sprawling facility in central Iraq, if a videotape of the battle released by the Jihadist group is to be believed. Shell, meanwhile, says it has pushed back full development plans for the Majnoon oil field to 2017 or beyond, suggesting that further growth in Iraqi production wi...
Volume: 58Issue: 18Published at Fri, 01 May 2015 -
KNPC Moves Al-Zour Forward; Saudi Plants Online By End-14
...abia 400 Under construction, expected onstream 2017. Qaiwan (Bazian Expansion) Bazian, KRG Iraq 50 Expansion to 84,000 b/d by 2018. EPC bids invited OOC/IPIC (DR...
Volume: 57Issue: 18Published at Fri, 02 May 2014