Petrochemicals | Egypt Oil & Gas - Part 14

Iran Ready for Petchem Exports to Egypt

Iran’s Petrochemical Employers Association has announced the country’s readiness to resume petrochemical exports to Egypt.

BP, Kuwait Petroleum Corp. Sign New Framework Agreement

UK's oil and gas major BP and the state-run Kuwait Petroleum Corporation (KPC) have signed a framework agreement to explore possible joint opportunities for investment and cooperation in future oil, gas, trading and ...

Saudi Butanol Launches Commercial Operations

Saudi Butanol Co (SABUCO), a joint venture of local petrochemicals firms, has started commercial operations at its plant in Jubail.

Aramco Seeking to Issue Islamic Bonds

Saudi Aramco has held talks with banks about creating a program that would include selling Islamic bonds over the next years.

Kuwait Plans New Company to Operate Al Zour Refinery

Kuwait's National Petroleum Company (KNPC) will set up a new company, KBRC, to run its planned Al-Zour refinery and petrochemical complex and to manage a new liquefied natural gas (LNG) import terminal.

China’s Crude Oil Import from West Africa Expected to Rise

China is expected to further increase crude oil imports from West Africa in February in spite of the country's weak economic growth, with tankers estimated to load 1.38mb/d of crude, the highest daily level since Jul ...

India to Boost Africa’s Oil Imports

India seeks to expand its oil ties with African nations in order to lock in supplies at the time of low oil prices to be able to meet country's future demand.

Riyadh, Beijing Sign 14 MoUs Including Nuclear Reactor Deal

Saudi Arabia signed 14 Memoranda of Understanding (MoUs) with China, including the landmark deal to build a high-temperature coolant gas nuclear reactor, on the first day of Chinese President Xi Jinping’s visit to Ri ...

Iran Plans to Boost Oil Output by 500,000 Barrels a Day

Iran has announced plans to boost its oil production by 500,000b/d, taking advantage of the final removal of sanctions in mid January.

Kuwait Joins Saudi-South Korean Petrochem Venture

Kuwait's Petrochemicals Industries Company (PIC) has agreed to pay $100m to buy a 25% equity stake in a venture owned by South Korea's SK Gas Co Ltd and Saudi Advanced Petrochemical Co.

Page 14 of 23

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