Wednesday, 11th August 2021
The CEO of Iran’s National Petrochemical Company (NPC), Behzad Mohammadi, announced that Iran is expected to achieve revenues estimated at $50 billion from the petrochemical industry by the Iranian calendar year 1406 which will start in March 2027.
Thursday, 5th August 2021
The Egyptian petroleum sector is, currently, implementing five major projects worth $14 billion including expansion of Midor refinery in Alexandria, Red Sea petrochemical project in the economic zone in Suez Canal, Assiut National Oil Processing (ANOPC) diesel complex in Assiut, asphalt production unit in Suez and coking complex.
Tuesday, 11th May 2021
Tarek El Molla, Minister of Petroleum and Mineral Resources, discussed methods to increase cooperation in the petroleum sector between Egypt and the US with Stuart Jones, President for Regions and Corporate Affairs at Bechtel Corporation, and Jonathan Cohen, the US Ambassador to Egypt.
Monday, 29th March 2021
Sidi Kerir Petrochemicals Company (Sidpec) started Phase 2 of its Strategic Energy Review (SER) Project with KBC, a Yokogawa Company, on March 14, 2021.
Monday, 15th February 2021
The Indian Prime Minister, Shri Narendra Modi, has inaugurated the recent Propylene Derivatives Petrochemicals (PDPP) Complex at Kochi refinery in kerala governorate, built at a cost of ₹6,000 crore.
Monday, 25th January 2021
The Iraqi oil Ministry has signed a memorandum of understanding (MoU) for establishing a refinery in Dhi Qar governorate in order to raise the production capacity rates of petroleum products and fuels as well as improve the output.
Methanex Egypt, the Egyptian Process Safety Management Steering Committee Launch the First Egyptian PSM Website
Sunday, 24th January 2021
Methanex Egypt announced today the launch of the Egyptian Process Safety Management (PSM) Steering Committee’s website – www.PSMEgypt.com. The website is the result of the collaboration between the Ministry of Petroleum and Mineral Resources and Methanex Egypt following the signing of a Memorandum of Understanding (MoU) in February 2020, enabling the creation of the Egyptian PSM Committee mandated to embed the culture of Process Safety Management (PSM) within the Egyptian oil, gas and petrochemicals sector, in alignment with the ministry’s Modernization Program and international best practices, guidelines and standards.
Monday, 2nd November 2020
The House of Representatives gives the final approval on amending Article 34 of the Investment Law No. 72 for 2017 allowing the licensing of natural gas-based industry projects, especially fertilizers and petrochemicals, to work under the free zones systems.
Tuesday, 1st September 2020
Iraq’s oil minister, Ahsan Ismail, reiterated the country’s willingness to progress with the implementation of the Nebras project to strengthen Iraq as a global player in the petrochemicals market.
Sunday, 5th July 2020
Enppi has successfully completed the desulfurization facility in the Arab Gulf region, which aims to produce 435 million barrels per day (mmbbl/d) of sulfur-free water for wells’ injection.