Refining & Petrochemicals

The Middle East & North African downstream sectors is split into ‘haves’ and ‘have nots’. The wealthy countries with economies boosted by oil and gas exports are mainly looking to expand their downstream industries to squeeze more out of their oil assets. The poorer countries struggle to meet demand for fuels.

Refining & Petrochemicals

19 Jun, 2020

Featured

Aramco Takes Sabic Control

Aramco paid 38% above Sabic’s current value, though deferred payment gives some compensation. A rapid board reshuffle leaves no doubt Aramco’s now in charge.
Sabic Quarterly Revenue ($bn)
Refining & Petrochemicals

24 Jul, 2020

Top Story

Iran Hikes Capacity At Persian Gulf Star Condensate Splitters

Debottlenecking of the Persian Gulf Star condensate processing plant will enable it to produce over 300,000 b/d gasoline, providing a key boost to export revenue.
Iran PGS Condensate Splitter Capacity Set To Hit 480,000 B/D With 60,000 B/D Q4 Hike ('000 B/D)
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NEWS IN BRIEF

Libyan Crude Cargo In Limbo

7 Aug, 2020

Algeria: LPG Train Delay

7 Aug, 2020

Egypt Eyes 500MW Red Sea Wind Farm

7 Aug, 2020

Adnoc Trading Venture Due To Start By Year-End

7 Aug, 2020

Qatar Runs Q1 Budget Deficit

7 Aug, 2020

Egypt, Greece Sign EEZ Agreement

7 Aug, 2020

KRG: Tawke Output Rebound

31 Jul, 2020

JGC $4bn Basra Downstream Deal

31 Jul, 2020

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SELECTED DATA

Egypt Exported A Record 211,000 B/D Of Oil Products In May As Covid Saw Gasoline And Jet Fuel Demand Fall To Multi-Year Lows On The Back Of Record Refinery Output After End-2019 ERC Start

Saudi Jan-Apr 2020 Refining Runs Reduced By Outages ('000 B/D)

2: Saudi Oil Burning*: The Ramp Up Of The Fadhili Gas Processing Plant Through Q1 Helped Mitigate The Increase In Liquids Burn (‘000 B/D)

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