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Middle East

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Hydrocarbon Processing Staff: Nichols, Lee

Spotlight on Asia

Saudi crude oil exports to China to fall for 3rd straight month in July

Saudi crude oil exports to China will fall in July for a 3rd straight month to about 36 MMbbl amid plant maintenance and as some refiners opted for other sources of cheaper oil.

Red Sea ships attacks push 47% more crude oil, fuels, refined products around Africa

Global crude oil and oil products shipments taking the long route between Asia, the Middle East and the West are up 47% since attacks began on vessels using the shorter Red Sea route.

Digital Exclusive-Flare system design: Liquid pockets in flare headers

In this technical article, written by Saudi Aramco and Siemens Energy, the authors focus on areas where major benefits can be achieved early in the front-end engineering design (FEED) stage of flare header piping designs.

Egyptian fertilizer plants shut down temporarily due to gas supply pressures

Gas supplies will gradually resume flowing as of Thursday to fertilizer factories in Egypt after several chemical and fertilizer companies shut down plants on a temporary basis.

Singapore's middle distillates stocks edge up as net exports dip

Singapore's middle distillates stockpiles edged up 0.4% this week, tracking lower net exports of diesel/gasoil and jet fuel/kerosene and continuing imports from key regions such as China, India and Saudi Arabia.

Asia high-sulfur fuel oil market to take a breather in strong rally

A rally in Asia's high-sulfur fuel oil (HSFO) market, boosted by lower Middle East exports and OPEC+ cuts, is expected to take a breather as Russian exports remain elevated and will ease tight supply.

Consortium signs MoU for the development of a green methanol facility in Egypt

AD Ports Group, Transmar and Orascom Construction have signed a Memorandum of Understanding (MoU) for the development of a green methanol storage and export facility in Egypt.

Goldman Sachs: Global LNG market to grow by 50% by 2029

Growth in oil investment shows signs of peaking in non-OPEC countries, while investment in liquified natural gas (LNG) is expected to increase more than 50% by 2029, according to Goldman Sachs Research.

LyondellBasell expands core PP business with 35% stake in NATPET from Alujain in Saudi Arabia

LyondellBasell and Alujain Corporation announced completion of the acquisition of a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) by LYB from Alujain.