Middle East downstream news
Kuwait Petroleum Corp. to lead global CDU capacity growth
GlobalData has reported that the Kuwait Petroleum Corp. is expected to add 5% to global CDU capacity growth by 2023.
Petrochemical feedstock supply under attack
Drone attacks on Saudi Aramco will severely disrupt NGL and petrochemicals supply, much more than oil. The impact on global economic and geopolitical dynamics will be huge, reports Joseph Chang, Global Editor, ICIS Chemical Business.
Rystad Energy provides update on Aramco drone attacks
Rystad Energy has made a comment on the recent drone attacks on Aramco oil facilities in eastern Saudi Arabia.
ADNOC Group CEO meets Russian Energy Minister
Dr Sultan Ahmed Al Jaber and Alexander Novak met in Abu Dhabi to discuss potential collaboration between Russia and the UAE.
Granulated sulfur shipments begin from Gazprom Neft’s Badra oilfield
Gazprom Neft has announced that it has begun shipping granulated sulfur from its Badra oilfield in Iraq.
KIZAD and AIPMA sign strategic agreement
KIZAD and AIPMA have signed an agreement to support Indian polymer investors in expanding their geographic reach.
Clariant Catalysts expands in the Middle East with new office in Saudi Arabia
The new branch of Clariant’s Catalysts business unit is located in Jubail, Kingdom of Saudi Arabia. The opening marks Clariant’s fourth location in the Middle East.
Eni and ADNOC agree strategic partnerships in refining and trading
Raising Eni’s refining capacity by 35%, the company has acquired a 20% equity interest in ADNOC Refining and the pair enter a trading joint venture with OMV.
China to lead growth in global liquids storage capacity by 2023
GlobalData has reported that China will drive global liquids storage capacity growth by 2023, adding 135 million bbl.
Shipoil appoints Inatech to digitalise operations
In order to address the profit challenges of IMO 2020, Shipoil has appointed Inatech to digitalise its bunker fuel and marine lubricants operations.