Petrochemicals | Egypt Oil & Gas - Part 22

Japan-Saudi Petrochem Complex Secures Finances for Expansion

Saudi Arabia's PetroRabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, has signed loans worth 19.4 billion riyals ($5.2 billion) for the expansion of its petrochemicals complex, it said on Tuesday.

London as Global Operations HQ for Gulf Petrochem

UAE-based Gulf Petrochem Group has opened its new trading office in London, UK, as part of its global expansion plans and has appointed Neil Lamerton as the global head of its bunkering division based in the London o ...

Iran and China Solidifying Trade, Energy Exchange

Iran and China hope to bring the level of their trade exchanges to $60 billion from the current $52 billion in a year or so, the head of Iran-China Joint Chamber of Commerce says.

South Africa’s Sasol Implements Saving Scheme due to Volatile Oil Market

Major oil companies are scrambling to cut costs as global oil prices plummet. Sasol, South Africa’s petrochemicals giant, is the latest to roll out its aggressive savings plan, involving potentially thousands of job ...

GPCA Survey: R&D Shift in Gulf Petrochem Strategy

Nearly 80% of the GCC (Gulf Cooperation Council) region’s major petrochemical and chemical producers have made innovation strategy a key business priority

Iran in Bid to Diversify Non-Oil Export Portfolio

Iran is counting on a rise of 15-20% in non-oil exports in its new year, which begins on March 21, Industry, Mines and Trade Minister Mohammad Reza Nematzadeh says.

Maire Tecnimont in Bilateral Negotiations with Iran for Petrochemical Park

The new round of talks between Iran and Italian Maire Tecnimont on building one of the ME’s biggest petrochemical parks in Asaluyeh was launched today.

Iran in Search of Petrochemical Financing

Tens of petrochemical projects in Iran are waiting for finance, a deputy head of the National Petrochemical Company (NPC) says, calling for government’s help.

Shell to Make Iraq Top Petrochem Producer

Royal Dutch Shell (RDSa.L) has signed a deal with Iraq worth $11 billion to build a petrochemicals plant in the southern oil hub of Basra, Industry Minister Nasser al-Esawi said

Maire Tecnimont Secures Egypt Oil, Gas & Petrochemicals Contracts

Maire Tecnimont S.p.A. announces that several contracts have been awarded to some of its subsidiaries for a total amount of approximately €135 million for Engineering, Procurement and Technology Services.

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