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Middle East

Secure the best benefits from C4 hydrocarbon processing—Part 1: Separation sequences

thyssenkrupp Industrial Solutions AG: Streich, T.  |  Kömpel, H.  |  Geng, J.  |  Renger, M.

Crude C<sub>4</sub> streams from the steam cracker unit or the fluidized catalytic cracker unit contain valuable hydrocarbons, such as butadiene and C<sub>4</sub> olefins.

Global Project Data

Hydrocarbon Processing Staff: Nichols, Lee

According to <i>Hydrocarbon Processing’s </i> Construction Boxscore Database, there were nearly 90 new project announcements from January 2015 to June 2015.

EIA: China diesel exports grow as refining industry, economy change

China is reforming its refining sector by liberalizing import and export restrictions on crude oil and petroleum products, allowing for increased competition in the domestic transportation fuels market.

Technip to provide basic engineering, equipment for Saudi furnace project

Technip will provide basic engineering and proprietary equipment for a grassroots ethylene cracking furnace in Jubail, Saudi Arabia.

Qatar's Texas LNG venture eyes exports by 2021

Top LNG exporter Qatar anticipates exports from its Golden Pass JV in Texas to begin in 2021. State-run Qatar Petroleum owns a 70% stake in an LNG receiving terminal in Texas that is backed by Exxon Mobil and ConocoPhillips.

Saudi Aramco finalizes IPO options, plans more global expansions

Saudi Aramco's continued investment in downstream industry is seen as a crucial element of economic diversification plans.

Aramco eyes oil-to-chemicals project with SABIC

SABIC has previously said the proposed project could cost as much as $30 billion, processing petrochemicals directly from crude oil instead of first refining the oil into products such as naphtha.

India, Iran reach payment deal allowing refiners to buy Iranian crude

HP Editorial Staff: HP News Services

Indian refiners have been holding 55% of the oil payments to Iran after a prior route was halted in 2013. Iran was India's second-largest oil supplier before the recent sanctions.

Saudis raise crude oil pricing for Asian refiners by most in over a year

Refiners may choose to not take full contracted volumes, instead seeking alternative crudes on the spot market or access the large amount of crude stored around the region.

Saudi Arabia’s SABIC targets US shale as leading chemical feedstock

Saudi petrochemicals businesses have benefited in the past from feedstock subsidies that are being phased out as the government looks to bridge a substantial budget deficit after oil's two-year downturn.