Saudi Arabia downstream news
Saudi Aramco completes expansion of Yanbu’ terminal
Crude oil facility adds 3 million bpd after rehabilitation programme.
Asia will contribute 38% of global refinery coking units capacity additions by 2022, says GlobalData
New report forecasts Asia to be the major contributor to the growth of the global refinery coking units industry between 2018 and 2022.
ADNOC awards EPC contract for Integrated Gas Development Expansion Project
ADNOC LNG has awarded the phase 2 EPC contract for its gas processing project to Tecnicas Reunidas.
Oman and Iran will drive growth for oil storage industry in the Middle East to 2022, says GlobalData
A new GlobalData report forecasts Middle Eastern oil storage growth to be led by Oman and Iran.
Eni and Pertamina sign MoU for refinery development
Eni and Pertamina have signed an agreement for the development of environmentally friendly refineries and trade business opportunities.
AS-Schneider and Binzagr JV starts production
Valve and valve-block manufacturing in the Germany-based facility has been officially in progress since July.
DNV GL forecasts gas CAPEX boost to fuel the energy transition
Latest report forecasts upstream gas CAPEX to grow to a peak of US$1.13 trillion in 2025.
OPITO appoints director to support global skills development
OPITO has appointed Mark Cullens to the new role of director of strategic development.
Production shutdowns and dip in operating rates challenge MMA market
Research by IHS Markit suggests that global MMA demand is increasing as supply becomes increasingly constrained.
Saudi Aramco, Air Products and ACWA Power form Gasification/Power JV in Saudi Arabia
The joint venture will purchase gasification assets, power block and associated utilities in Jazan Economic City from Saudi Aramco for over US$8 billion.