Middle East downstream news
ADNOC co-loads LPG and propylene onto vessel in Ruwais
The freight-rate-reducing measure is an industry first.
Saudi Aramco announces energy megaproject, SPARK
The King Salman Energy Park will target exploration, production, refining, petrochemicals, conventional power and water production and treatment.
Bilfinger and RATE sign sour gas monetisation agreement
The agreement aims at maximising the monetisation of the companies’ sour gas resources in the Middle East.
Sonatrach and ESSO Italiana close Augusta refinery transaction
ExxonMobil subsidiary sells oil terminals, refinery and pipelines to Algerian company.
ADNOC to expand carbon dioxide capture to boost oil recovery
The capture, storage and utilisation of carbon dioxide will be expanded at either the Habshan-Bab gas processing facilities or the Shah gas plant.
Saudi Aramco CEO reveals key aspects of downstream strategy at GPCA Forum 2018
Amin H. Nasser told delegates that the company’s objective is to bring its downstream business to the same level as its upstream.
Royal Vopak expands share in Pakistan LNG infrastructure
The company will acquire in total 44% in Elegy Terminal Pakistan Ltd.
ADNOC inaugurates Taweelah gas compression plant
The inauguration of the Taweelah plant comes less than a month after Abu Dhabi’s Supreme Petroleum Council approved ADNOC’s new integrated gas strategy.
Saudi Aramco inks five crude oil supply agreements with Chinese companies
Agreements take the total 2019 COSA volume to 1.67 million bpd, the largest in China’s history.
ADNOC updates global energy leaders on its new integrated gas strategy and downstream growth plans
On the 14th November, the Abu Dhabi National Oil Company (ADNOC) hosted a Gas, Refining and Petrochemicals Forum during the 2018 edition of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC).