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Kuwait Eyes Push Into US Petchems With Award Of MEG Plant Contract
...tegrated with a 615,000 b/d refinery under development by state refiner KNPC and also a proposed aromatics project. PIC says the economic pre-feasibility study for Olefins 3 was completed in 2009 and a detailed feasibility study was completed in 2011. While the Al-Zour refinery and a clean fuels pr...
Volume: 59Issue: 47Published at Fri, 25 Nov 2016 -
Saudi Exports, Output Full Steam Ahead Pre-Opec Meeting
...liveries. The kingdom remains a net gasoline exporter for the year – the first time since 2011. State oil firm Aramco’s magazine Arabian Sun reports that its 245,000 b/d Yanbu refinery began receiving alkylate product on 12 October. It reports that this enables it to boost gasoline production 25% from 33...
Volume: 59Issue: 46Published at Fri, 18 Nov 2016 -
Egypt’s Refiners Struggling To Keep Pace With Products Demand
...balance, with imports worth $67bn and exports just $18.5bn in 2015, according to ministry of trade statistics. Tourist revenue and direct foreign investment, the main earners of foreign exchange for Egypt have gradually fallen since the 2011 revolution with a worsening of the security situation in the co...
Volume: 59Issue: 43Published at Fri, 28 Oct 2016 -
Oman Announces New Bid Round As Record Output Continues
...uts the north-western border with Oman, along with Oxy’s Block 9 and PTT’s relinquished Block 44. Again a tight gas play, the last well was drilled in 2011. The final onshore offering is Block 49, which is on the south-western border with Saudi Arabia. To the east of the block is DNO’s Block 36. DN...
Volume: 59Issue: 41Published at Fri, 14 Oct 2016 -
Aramco Eyes Houston Refining Hub As Motiva Break-Up Advances
...mpany is in advanced negotiations with Chinese state firm CNPC for joint construction of a refinery in China’s southwestern Yunnan province. “We hope to reach an agreement this year,” he said. CNPC and Aramco signed an MoU in March 2011 to jointly build the first refinery in the province, which wo...
Volume: 59Issue: 36Published at Fri, 09 Sep 2016 -
Turkey’s Tüpraş Racks Up Profits, Maxes Output As Runs Of Iraqi Crude Double
...14 2010 2011 2012 2013 2014 2015 '000 b/d % Crude Throughputs 393 42...
Volume: 59Issue: 11Published at Fri, 18 Mar 2016 -
Aramco Dusts Off Plans For $2bn Ras Tanura Clean Fuels Project
...at at least three rounds of bidding for the Ras Tanura upgrade have been conducted already without any EPC awards. The project is expected to cost $2bn. Aramco awarded front end and engineering design (FEED) for the Ras Tanura clean fuels upgrade to US firm Jacobs Engineering in 2011, under the Ge...
Volume: 59Issue: 09Published at Fri, 04 Mar 2016