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  1. Rabigh-2 Completion Broadens Saudi Petchems Palette

    ...9mn t/y mixed-feed cracker and an aromatics plant, processing locally available ethane and naphtha to deliver a range of high-value chemicals – many new to the kingdom for the first time – as well as polyolefins (MEES, 18 August 2017). Aramco’s Petro Rabigh JV processes ethane as well as naphtha from th...

    Volume: 62
    Issue: 45
    Published at Fri, 08 Nov 2019

  2. Bumper Nine Months For Saudi Petchems As Sabic Prepares For Aramco Buy-In

    ...cent weeks – small firm Alujain is again expected to report late – disclosed total net profits of $7.66bn for the first three quarters of 2018, up 33% on the $5.74bn for the same period in 2017 and up 2.7% on the $7.46bn previous periodic high in 2014. Yet quarterly earnings fell by 12% from $2.89bn in 2Q...

    Volume: 61
    Issue: 45
    Published at Fri, 09 Nov 2018

  3. Sonatrach Taps China For Algiers Refinery Revamp

    ...mpany says –probably optimistically – it could likely finance the program from its own resources if oil prices return above $60/B from 2017, or could tap domestic banks if prices were lower. However, the recent appointment of Noureddine Boutarfa as Energy Minister means on official open-minded about ou...

    Volume: 59
    Issue: 45
    Published at Fri, 11 Nov 2016

  4. Kuwait To Invest In Oman’s Duqm Refinery

    ...oduce light products for export and bunkers for the port. Adnoc has since announced vague plans for downstream expansion (see p2). OOC says the Duqm site has been levelled and a final investment decision is set for Q2 2017. DRPIC last year invited seven prequalified firms and consortia to bid for th...

    Volume: 59
    Issue: 45
    Published at Fri, 11 Nov 2016

  5. IEA Sees Ethylene Market Driven By Ethane Cracker Surge

    ...st and the US, according to the International Energy Agency (IEA). In the 12 October Medium-Term Oil Market Report the agency predicted that global ethylene capacity will rise to 183.4mn tons/year in 2017 from 147.6mn t/y in 2011, equivalent to yearly growth of 3.7%.   In 2012, oil eq...

    Volume: 55
    Issue: 45
    Published at Fri, 02 Nov 2012