Middle East
Oil prices fall for a second day on oversupply concerns
TOKYO (Reuters) — Oil fell edged lower on Tuesday, declining for a second day and sapping more strength from a Q3 rally, amid signs that a global glut in crude may not be clearing as quickly as bulls had hoped.
Petronas Chem sells half of polymers business to Saudi Aramco for $900 MM
KUALA LUMPUR (Reuters) — Malaysia's Petronas Chemicals Group Bhd (PCG) said on Monday it plans to sell 50% of a polymers unit to Saudi Aramco's wholly owned subsidiary, Aramco Overseas Holdings Coöperatief U.A. for $900 MM.
Show Preview: ADIPEC
The 20th edition of Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) will take place 13–16 November at the Abu Dhabi National Exhibition Centre.
Global Project Data
<i>Hydrocarbon Processing</i>’s Construction Boxscore Database is tracking more than 1,700 active downstream construction projects around the world.
Industry Perspectives: What is the future of the global HPI?
Over the past year, the world has witnessed significant downstream capacity growth in all sectors of the hydrocarbon processing industry (HPI).
Editorial Comment: HP Top Project Awards 2017
It’s that time again! <i>Hydrocarbon Processing</i> has announced the nominees for its annual Top Project awards.
Troubleshooting the repetitive failure and shaft seizure of a hot oil circulation pump
The Shaybah NGL recovery plant has a single-stage, double-suction between bearings, radial-split design for hot oil circulation.
Diversification: The catalyst for the Middle East’s downstream transformation
Over the past several years, the Middle East has made substantial investments to increase its downstream processing capacity.
Iran bans oil refinery products traffic with Iraqi Kurdistan
ANKARA (Reuters) — Iran has banned transportation of oil products by Iranian companies to and from Iraq's Kurdistan region, the semi-official Tasnim news agency said on Friday, after Tehran vowed to stand by Baghdad against Iraqi Kurds' independence vote.
S. Korea's KNOC refreshes Iraqi crude supplies in oil reserves
SEOUL/SINGAPORE (Reuters) — Korea National Oil Corp (KNOC) issued several tenders to buy and sell Iraqi crude from its strategic petroleum reserves (SPR) this week, three industry sources with knowledge of the matter said on Friday.
- Meghna PVC partners with Jotun to manage corrosion maintenance 5/7
- Bayer and bp form strategic alliance to jointly scale camelina as intermediate crop for biofuels 5/7
- TA’ZIZ announces $2 B in financing for UAE’s first world-scale methanol plant 5/7
- PepsiCo and TalusAg Renewables announce low-carbon ammonia attribute agreement to help accelerate fertilizer decarbonization 5/7
- Topsoe and BioVeritas sign agreement to accelerate second-generation renewable fuels production 5/7
- Emerson launches digital anti-coating pH/ORP sensor for reliable, low-maintenance service 5/7
