downstream | Egypt Oil & Gas - Part 9

Saudi Arabia On Verge of Fuel Subsidy Reforms

A source in the Gulf oil industry told Reuters that Saudi officials were "seriously" thinking about reducing fuel subsidies, if gradually

Gulf Petrochem Acquires, Renames Kenyan Downstream Company

Gulf Petrochem group has announced the official acquisition and name change of Essar Petroleum East Africa Ltd to Aspam Energy (Kenya) Ltd

Saudi Downstream Team Hosted at Achema Forum

Leading industry experts discussed the potential of Saudi Arabia's petrochemical sector at Achema, a leading global exhibition on chemical engineering, environmental protection and biotechnology, being held at Frankfurt.

Kinder Morgan Considers Expansion into Downstream Mexico

Kinder Morgan Inc’s CEO Richard Kinder revealed on Thursday that the Texas-based company is considering infrastructural expansion in Mexico, where it already operates a natural gas pipeline currently.

Omani Aluminium Optimization a Boon to Downstream Projects

Oman's Sohar Aluminium (SA) plans to expand smelter capacity to one million tonnes by 2020 from the current 375,000 tonnes, it was revealed at the Aluminium Middle East 2015 exhibition, now under way in Dubai, UAE.

PetroSilah to Open First Mobile Oil Refinery in Egypt

PetroSilah Petroleum is working on launching the first mobile oil refinery in Egypt, with production capacity of 10,000 b/d and an initial cost of $5m.

Arabtec’s Target Awarded $253 million Contracts from Saudi Aramco.

Arabtec has won construction contracts in Saudi Arabia worth over $253 million (AED 930m) through its subsidiary Target Engineering Construction Company.

Enoc Plans for $1.5 billion Loan and Merger Activity

Dubai's Emirates National Oil Company (Enoc) has hired a five-person team to work on mergers and acquisitions for the company as it seeks to expand beyond its home emirate, banking sources told Reuters on Sunday.

White House Threatens Veto Over Keystone Pipeline Bill

The White House on Tuesday threatened to veto the first piece of legislation introduced in the Republican-controlled Senate, a bill approving the much-delayed Keystone XL oil pipeline, in what was expected to the fir ...

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