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Egypt pays $350mn to BG Group Dana Gas will invest $270mn in Egypt's main gasfield after receiving payments back.

Egypt pays $350mn to BG Group

The amount has been given as part of a deal to repay Egypt's dept

 •   Egypt seeks $1.5bn loan to repay oil and gas debts
 •   BP Egypt starts drilling Atoll-1 well
 •   Egypt's top refinery hopes to start exporting


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Shell to build $11bn petrochem plant in Iraq

Shell to build $11bn petrochem plant in Iraq

Oil giant signs contract to build plant in Basra
 
DuPont announces strong figures for 2014

DuPont announces strong figures for 2014

Company increases total expected cost savings from operational redesign to at least $1.3bn
 
SOHAR eyes expanding role in plastics industry

SOHAR eyes expanding role in plastics industry

New agricultural terminal will create huge demand for plastic packaging produced at the SOHAR petrochemical complex
 
Orpic begins 29 day planned maintenance at Sohar

Orpic begins 29 day planned maintenance at Sohar

The planned maintenance will be completed by the end of February
 

 

Diesel contract prices plummet

Diesel contract prices plummet

New refineries in the UAE and Saudi Arabia have dramatically increased supply to the global marketplace.
 
Amec wins crude oil FEED contract

Amec wins crude oil FEED contract

The project has been designed to hold 200mn barrels
 
Downstream sector boosts KSA economy by $28bn

Downstream sector boosts KSA economy by $28bn

Sadara and Petro Rabigh projects to boost KSA economy
 
China offers $2bn to Iranian downstream sector

China offers $2bn to Iranian downstream sector

Lines of credit opened to 4 Iranian petrochemical projects
 
Sabic Q4 profits slump 29%

Sabic Q4 profits slump 29%

Tumbling oil prices take their toll on profits
 
Aramco buys $2bn worth stake in S. Korean refiner

Aramco buys $2bn worth stake in S. Korean refiner

Deal raises Aramco's share to 63.4%
 
Egypt invests $2.7bn in Mostorod refinery

Egypt invests $2.7bn in Mostorod refinery

New refinery will produce around 50% of Egypt's domestic diesel
 
Global petrochemical prices fall by more than 10%

Global petrochemical prices fall by more than 10%

Tumbling oil prices take their toll on the downstream sector
 
Sadara: Integration key to GCC's petrochem success

Sadara: Integration key to GCC's petrochem success

Part 2 of our interview with Sadara CEO Ziad Al-Labban
 
Qatar to evaluate its downstream options

Qatar to evaluate its downstream options

MPHC conducts Qatar petrochemical feasibility study
 
Al Labban: Sadara complex is a GCC game changer

Al Labban: Sadara complex is a GCC game changer

We talk production, profitability and vertical integration in part one of our interview with Ziad Al Labban, CEO of Sadara.
 




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