downstream | Egypt Oil & Gas - Part 5

Qatar Petroleum Launches Bidding for New Petrochemicals Complex

Qatar Petroleum (QP) has invited companies to bid for development and operation contracts for a new petrochemicals complex at Ras Laffan Industrial City.

ADNOC, Cepsa Agree Deal for Ruwais LAB Facility

Abu Dhabi National Oil Company (ADNOC) and Spain’s Cepsa have signed a project development agreement for a new linear alkylbenzene (LAB) facility in Abu Dhabi’s Ruwais refining and petrochemicals complex.

Sonatrach Expands its Petrochemical Ventures

Algerian state-run energy company Sonatrach is making acquisitions to increase its petrochemicals business with the view of reducing the north African country's fuel imports and boosting revenue.

ADNOC to Invest $50B in Downstream Operations

Abu Dhabi National Oil Company (ADNOC) announced on May 13 plans to invest almost $50 billion over five years to develop its downstream business.

Kuwait to Complete Al Zour Refinery by 2019

The Al Zour refinery project is expected to be completed by December 2019, according to a statement from Khaled Mahdi, Kuwaiti secretary general of the supreme council for planning and development.

Polish Refinery to Increase Crude Purchases from Saudi Aramco

State-run Polish refinery PKN Orlen announced on April 27 that it plans to increase its monthly crude purchases from Saudi Aramco by 100,000 tons of Arabian Extra Light, bringing its total imports from Aramco to 3 ...

Saudi Aramco Awards Management Contract for Oil-to-Chemicals Program

Saudi Aramco and Sabic awarded the US engineering firm KBR a project management contract for their joint oil-to-chemicals project.

Aramco Accounts Reveal Low 2017 Downstream Profits

The majority of Saudi Aramco’s profits in the first six months of 2017 came from its upstream ventures, with the company’s downstream profits remaining far behind those of its major rivals.

ADNOC May Join Saudi Aramco in Downstream Venture

Abu Dhabi National Oil Co. (ADNOC) plans to spend more than $109 billion over the next five years, and is in talks with Saudi Aramco for possible downstream joint ventures abroad, with a focus on Asia.

Iran to Halve Gasoline Imports

Iran plans to halve its gasoline imports during summer 2018.

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