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Sabic signs deal for 38,000 cbm gas carrier Picture for illustrative purpose only.

Sabic signs deal for 38,000 cbm gas carrier

Vessel will be delivered by Ocean Yield ASA to Sabic's Houston base in December

 •   ExxonMobil still evaluating US JV with Sabic
 •   Sabic to sell stake in Ibn Al-Baytar to Safco
 •   SABIC sells polymershapes unit to US firm


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Dow bags Edison Awards for innovative technologies

Dow bags Edison Awards for innovative technologies

Dow ACCUTRACE S10 molecular fuel marker allows governments to retaliate against the revenue loss and environmental impact of fuel tax evasion and Dow CANVERA polyolefin dispersions provide F&B brand owners with a can coating made from polyethylene resins.
 
Reliance supplies coal bed methane by new pipeline

Reliance supplies coal bed methane by new pipeline

Reliance Gas Pipelines Limited laid the 302 kilometre Shahdol-Phulpur gas pipeline that connects Sohagpur coal bed methane fields from Shahdol to Hazira-Vijaipur-Jagdishpur (HBJ) pipeline network of Gas Authority of India Limited at Phulpur.
 
Reliance to become 2nd largest paraxylene producer

Reliance to become 2nd largest paraxylene producer

The benefits of integration at the Jamnagar complex will set a new paradigm of scale and value addition in the refining and petrochemicals industry.
 
Reliance completes world's largest ethane project

Reliance completes world's largest ethane project

Reliance is the first company to globally conceptualise large-scale imports of ethane from North America as feedstock for its crackers in India. The project involved seamless integration of several elements across a complex infrastructure value chain.
 

 

SPE president-elect emphasises on sustainability

SPE president-elect emphasises on sustainability

Sami Al-Neaim has been with Saudi Aramco for 30 years, working in reservoir engineering, production engineering, research and development, and the Upstream Computer Center.
 
OPEC cuts output more than pledged in March

OPEC cuts output more than pledged in March

Organization of the Petroleum Exporting Countries also raised its forecast of oil supplies from non-member countries in 2017, as a recovery in oil prices encourages US shale drillers to pump more
 
Aramco board to meet in China to attract investors

Aramco board to meet in China to attract investors

The oil giant's board of directors would gather in Shanghai on May 10th to discuss the behemoth's business plans, investments and preparations to sell up to 5% of the company in 2018
 
Arab oil reserves amount to 710bn barrels in 2017

Arab oil reserves amount to 710bn barrels in 2017

The Organisation of Arab Petroleum Exporting Countries (OAPEC) controls reserves of about 710bn barrels, accounting for 55.6% of the world's total reserves, in early 2017, the cartel has announced
 
PPG reiterates invitation to AkzoNobel to combine

PPG reiterates invitation to AkzoNobel to combine

PPG believes AkzoNobel should honour growing requests to engage and fully consider all relevant options to create the most value for all of its stakeholders, and benefit from the multiple months of preparation already completed by PPG.
 
Oman, Egypt contesting for gas union presidency

Oman, Egypt contesting for gas union presidency

The International Gas Union, a global body that represents all natural gas producing and consuming countries, has membership strength of 91 countries representing 97% of production
 
India to cut Iran oil import in row over gas field

India to cut Iran oil import in row over gas field

The spat has been caused due to the issue over Iran delaying awarding the concession for development of the Farzad B, a major project that a group of Indian oil companies, headed by Oil and Natural Gas Corporation (ONGC), wants to bag
 
Reliance completes sale of GAPCO interest to Total

Reliance completes sale of GAPCO interest to Total

Since the acquisition of 76 percent equity interest in GAPCO by REPDMCC in 2007, GAPCO has significantly grown and is one of the leading petroleum marketing companies in East Africa.
 
Brexit gives us chance to sell UK more gas: Qatar

Brexit gives us chance to sell UK more gas: Qatar

Qatar, the world's biggest exporter of LNG, has pledged almost $6.2bn worth of investment in Britain in a show of support, as UK Prime Minister Theresa May begins the formal process of negotiating a separation settlement with the European Union
 
US oil imports from OPEC rises in 2016: Report

US oil imports from OPEC rises in 2016: Report

The highest volume of petroleum import from OPEC countries in 2016 was recorded in July - 3 .803mn bpd, while the lowest level was observed in January - 3.052mn bpd
 
PPG Amercoat earns corrosion innovation award

PPG Amercoat earns corrosion innovation award

PPG engineers invented the curing agent to eliminate moisture-related difficulties that had historically prevented the development of high-performing single-pack epoxy coatings.
 




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