South Korea | Egypt Oil & Gas - Part 5
Aramco Purchases $1.12b of Oil Products from South Korea’s S-Oil Corp
South Korea's S-Oil Corp agreed to sell $1.12b of oil products to Saudi Aramco Products Trading Company, an increase compared with 2015.
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.
South Korea Foresees Rise in Oil Demand
South Korea foresees an increase in oil products demand by 2 % in 2016, after a rise by 2.5 % on year in 2015, the country's state-run think tank, the Korea Energy Economics Institute (KEEI) announced this week.
Iran’s Siraf Refinery Targets Asia, Draws European Attention
"Asia is the center of gravity for oil and all the incremental demand will come from Asia. We are expecting to ship more than 50% of our products to Asia," said CEO of Siraf Refineries Infrastructure Company Alireza ...
South Korean, Chinese Help for Oman’s Gas-Fired Power Plants
South Korean conglomerate Doosan Heavy Industries and Construction Company has won a contract to supply steam turbines and generators for a new Independent Power Project (IPP),.
French Veolia Wins Evaporator-Crystallizer Contract in Iraq
French-based Veolia Water Technologies has been awarded a contract to supply a zero liquid discharge evaporator and crystallizer for the Karbala Refinery Project in Iraq
SABIC Optimizing for Global PetroChem Competitiveness
Sabic announced it is undertaking a global transformation aimed at creating a more agile, cost-efficient, and customer-focused organisation that meets their needs more effectively
Iran Tempts Foreign Investors with Electricity Exports
Iran's Deputy Energy Minister Alireza Daemi announced that the Iranian government will now allow foreign companies to export part of the electricity which they generate in the country
