Saudi Arabia downstream news

Axens has completed its expansion of its ACAL site to produce hydrogenation tail gas treatment catalysts in Saudi Arabia.

Oil prices are likely to be lower in 2025 than the previous year according to a report from Wood Mackenzie.

Saudi Arabia’s Ministry of Energy has awarded a feedstock allocation for joint project between Sipchem and LyondellBasell.

Egypt has signed a framework agreement with the UK's Shard Capital for US$7 billion petrochemical complex in New Alamein.

Bahri and Petredec have built a strategic alliance to meet Saudi Arabia’s Growing LPG and ammonia shipping needs.

Lummus Technology has announced a contract award from Hyundai Engineering & Construction Co. Ltd. to provide ethylene cracking heaters at SATORP’s Amiral petrochemical complex in the Kingdom of Saudi Arabia.

LyondellBasell has entered into an agreement to acquire a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) from Alujain Corp.

Dragos has signed a Memorandum of Understanding (MoU) with Aramco to help protect critical industrial assets and infrastructure for Aramco and its affiliates.

Nancy Yamaguchi, Contributing Editor, discusses why oil producers in the Middle East are aiming to recapture traditional strengths in the oil and gas industry before they look to move beyond fossil energy.

Aramco has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for US$500 million.