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Jordan Looks To Climb On The Green Hydrogen Bandwagon
...ovided 27% of Jordan’s 2022 power, up from just 1% in 2014. But the ambitious plans face many challenges, including a severe water shortage. A 2019 Jordanian-German Energy Partnership said that despite Jordan’s “promising” potential for green hydrogen, including a “mature chemical industry” and ex...
Volume: 66Issue: 49Published at Fri, 08 Dec 2023 -
Saudi Arabia Increases 2023 Budget Expectations
....3bn, and to rise further to $41.9bn in 2023. These capex figures remain well below historic levels. Saudi capex peaked at $85.2bn in 2014 before being cut as oil prices dropped. But it was still running at $45.9bn in 2019 before the Covid-19 pandemic. The low planned capex figure for this year wa...
Volume: 65Issue: 49Published at Fri, 09 Dec 2022 -
Aramco Prices IPO
...ibaba’s $25bn 2014 listing in nominal terms at least. Aramco confirms that Stabilizing Manager Goldman Sachs may yet increase the share issuance by 15% (450mn shares) to stabilize the market price. The stabilization period is 30 days from the date at which shares begin trading, and if implemented the move wo...
Volume: 62Issue: 49Published at Fri, 06 Dec 2019 -
Iran Inks Petchems Investment Deals With Japan & China, Shell Adds Upstream MoU
...d of ethane and 100,000 b/d of NGLs (MEES, 10 October 2014). Whether 3.7bn cfd of extra methane and ethane feedstock is available depends on Iran’s completion of further phases of South Pars, on gas burning in power plants and on gas exports. However, Total and Shell appear to be planning to si...
Volume: 59Issue: 49Published at Fri, 09 Dec 2016 -
Rabigh 2 Joins Petchems Start-Up Queue, Saudi Capacity Surge Nears
...dara said the unit would need rebuilding, although a SR113.4mn ($30.2mn) insurance claim will cover the rebuilding cost. UAE’s Borouge 3 polyolefins plant started up in 2014, but has still not reached full capacity because of ethane feedstock constraints (MEES, 5 June). The company now expects to re...
Volume: 58Issue: 49Published at Fri, 04 Dec 2015 -
Saudi Petchems Firms See Technology As Key To Specialized Markets
...chloride SABIC 2014 140,000 t/y ABS SABIC/Mitsubishi 2014 250,000 t/y MMA, 40,000 t/y PMMA Sipchem 2014 63,000 t/y polybutylene te...
Volume: 56Issue: 49Published at Fri, 06 Dec 2013 -
Bapco Nears Sitra Decision Time
...e equivalent of 400-800mn cfd for 15 years starting in 2014. “We need the gas. Without this gas…all our other plans, all the refinery plans and modernizations mean nothing,” one Bahraini oil executive tells MEES....
Volume: 55Issue: 49Published at Fri, 30 Nov 2012