- Sort by:
- Score
- Published ▼
-
Iraq Refining Revamp Gathers Pace, But New Capacity Some Time Away
...this project, suggesting that work on Baiji is being prioritized (MEES, 23 October 2015). The latest available data from Riyadh-based Jodi shows that federal Iraq’s refineries processed 520,000 b/d in the first 10 months of 2017, an increase of 110,000 b/d or 24% from the 410,000 b/d processed in...
Volume: 60Issue: 51/52Published at Fri, 22 Dec 2017 -
Aramco: Sasref Upgrade At Home, 2019 Start-Up For Malay Plant
...0 180 Overseas Targets: Anning, China (2017) 260 Ratnagiri, India (20...
Volume: 60Issue: 50Published at Fri, 15 Dec 2017 -
Kuwait’s Downstream Diversification Strategy
...tchems long-term – on Oman’s Arabian Sea coast, to which it would supply 150,000 b/d, or 65% of the plant’s feed. With KPC exporting an average 2.03mn b/d of crude in HI 2017, the 350,000 b/d of crude secured for the Vietnam and Oman refineries represent over 17% of total exports. Talks for refining ve...
Volume: 60Issue: 49Published at Fri, 08 Dec 2017 -
Bahrain $4.2b Refinery Deal
...ard EPCC in 1H 2017, with a view to having the plant fully operational by end-2020. Now TechnipFMC says the project is “slated for completion in 2022.” Bapco has recently been running the Sitra plant flat out, with 2016 crude throughputs averaging 261,000 b/d and throughputs for the first three qu...
Volume: 60Issue: 49Published at Fri, 08 Dec 2017 -
Adnoc Adds To Ambitious Downstream Plans, Mulls Retail IPO
...vestment decision for these was intended by the end of 2017, but there have been no reports of feasibility studies so far. Adnoc also plans a gasoline and aromatics project at Ruwais, to be integrated with existing refining units, but has not announced a schedule. This week Adnoc signed an MoU with Sp...
Volume: 60Issue: 46Published at Fri, 17 Nov 2017 -
Saudi Petchems Gets Oil Price Boost; Sabic Chief Warns On Cheap Feedstock Addiction
...ntinues to pick up pace. Little of the quarter-on-quarter increase could be attributed to rising oil prices, to which petrochemicals export prices are linked: prices for Saudi Arabia’s Arab Light crude grade rose by a modest 2.9% to $50/B for Q3 2017. However, the 26% profits increase for the fi...
Volume: 60Issue: 44Published at Fri, 03 Nov 2017 -
Oman Eyes Crude, Condensate Revenue Boost As Refinery Undergoes Maintenance
...tober). Production of crude and condensate has averaged 969,000 b/d in the first nine months of 2017, down 3.4%, and bang in line with Oman’s obligations. Exports meanwhile have averaged 805,000 b/d, down a hefty 8.1% year-on-year. 1: OMAN OIL* OUTPUT & EXPORTS (‘000 B/D): EXPORT VOLUMES SINK IN 2017, BU...
Volume: 60Issue: 43Published at Fri, 27 Oct 2017 -
Newly Streamlined Adnoc Targets EOR Expertise For Offshore Fields
...er the first nine months of 2017 against last year. By contrast, Japan is taking more volumes from its number one supplier Saudi Arabia so far this year. India is the UAE’s second largest customer, and has increased its takings this year. Liftings of Emirati crude are up around 10% year-on-year an...
Volume: 60Issue: 42Published at Fri, 20 Oct 2017 -
Aramco Targets Indian Refinery JV End-2018 In Major Investment Push
...to a market where it has this year lost its position as top crude supplier to Iraq. India is the world’s third largest oil importer, buying an average 4.26mn b/d for the first seven months of 2017. But whilst India’s overall imports are up 3% year-on-year, those from Saudi Arabia, at 728,000 b/d for Ja...
Volume: 60Issue: 41Published at Fri, 13 Oct 2017 -
Iraq Plots Post-War Refining Rebound
...crude oil has this year exceeded the combined 544,000 b/d nameplate capacity of operational federal refineries, reaching a peak of 591,000 b/d in April and averaging 553,000 b/d for January to July 2017, compared with 446,000 b/d for 2016 (see chart). This was achieved through a deal with the Ku...
Volume: 60Issue: 39Published at Fri, 29 Sep 2017 -
What Embargo? Qatar Products Exports Hit Two-Year High
...e lowest since 2009, and domestic demand of 230,000 b/d had more than doubled since 2010. Despite the earlier outages, exports ought to breach 500,000 b/d for 2017 for the first time since 2013. Crude oil exports also rose in July to a four-month high of 496,000 b/d. The upshot is that total Qa...
Volume: 60Issue: 38Published at Fri, 22 Sep 2017 -
Egypt Starts Work On Assiut Refinery Upgrade To Boost Gasoline Output
...ise light products output and reduce Egypt’s dependence on imports – Egypt has been a net importer of gasoline since 2010 and has long imported diesel – to meet domestic demand. Gasoline demand averaged 170,000 b/d in the first half of 2017, suggesting that consumption is on track to surpass last ye...
Volume: 60Issue: 37Published at Fri, 15 Sep 2017 -
Egypt Fuel Oil Upgrading Plans Struggle To Keep Up With Demand
...pacity for Euro V diesel. Overall ERC output capacity will be 4.2mn t/y. Egypt’s diesel demand averaged a record 305,000 b/d in the second quarter of 2017, up from 2016’s annual record of 297,000 b/d. The country’s diesel output has meanwhile flatlined at around 140,000 b/d since 2012, leaving Egypt re...
Volume: 60Issue: 36Published at Fri, 08 Sep 2017 -
Israel Products Output Down 17% Amid Maintenance, Strike
...The operators of Israel’s two refineries say scheduled maintenance was the key reason their output fell by a combined 50,000 b/d (17%) year-on-year in the first half of 2017. But a strike in June didn’t help. A diesel unit fire last month added to the woe. The smaller of Israel’s two re...
Volume: 60Issue: 35Published at Fri, 01 Sep 2017 -
Kuwait: Al-Zour Re-Award But Delay Likely
...hi Son, Vietnam (35.1%, 2017) n/a 200 70 Duqm, Oman (50%, 2021) n/a 23...
Volume: 60Issue: 34Published at Fri, 25 Aug 2017 -
Saudi Petchems Firms Report Higher First Half Income As Profits Track Oil Price Rise
...ter than normal, as with the first quarter, due to new accounting rules introduced at the end of 2016 (MEES, 12 May). One firm, Alujain whose end-H1 2017 market capitalization was among the smallest at SR1.5bn, said on 17 August that it was unable to publish results on time but would issue them when “re...
Volume: 60Issue: 33Published at Fri, 18 Aug 2017 -
Oman Lines Up Duqm Contractors, Targets Products Exports
...oducts, to Asia and Africa in particular (see map). Oman produced 968,000 b/d of crude and condensate in H1 2017 and exported 809,000 b/d. Products trade in either direction is minimal, though most months see some diesel exports. Spain’s Tecnicas Reunidas and Korea’s Daewoo E&C have been selected by DR...
Volume: 60Issue: 32Published at Fri, 11 Aug 2017 -
Kuwait Delivering First Crude Cargo To Vietnam Refinery, Eyes Global Expansion
...%) 248 248 124 Nghi Son, Vietnam (35.1%, 2017) n/a 200 70...
Volume: 60Issue: 31Published at Fri, 04 Aug 2017 -
Saudi Arabia’s Rabigh-2 JV Joins Sadara In Starting Up New Units
...0 RABIGH-2 (Aramco/Sumitomo - 2017): 2,600 Paraxylene 1,340 Low-Density Polyethylene (LDPE) 80...
Volume: 60Issue: 29Published at Fri, 21 Jul 2017 -
Cairo Advances Energy Sector Privatizations
...nk of Egypt (CBE) have been making to reform the economy.” The IMF says the 2017-18 budget, which was passed largely intact last week, is a “very strong budget… it will place public debt on a clearly declining path to sustainable levels.” Ratings agency Fitch adds in a 12 July release that “Eg...
Volume: 60Issue: 28Published at Fri, 14 Jul 2017