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Middle East

Kuwait looks to double power, desalination capacity

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Kuwait's Ministry of Electricity & Water is hoping to more than double the country's power generating and desalination capacity by 2017 to meet growing demand.
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Emergency shutdown at polypropylene plant in Saudi Arabia

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Saudi Arabian petrochemical producer Sahara Petrochemical Company announced on Sunday an emergency shutdown at its Al Waha Petrochemicals subsidiary, a producer of propylene and polypropylene (PP).
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Iran to offer incentives to foreign investors

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Iran seems determined to open up to foreign investors, in the hope of attracting international businesses that would inject fresh capital into Iranian industry.
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Kuwait plans to expand petrochemical operations

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Kuwait is set to shift its focus onto petrochemical production and develop the industry to an extent that it accounts to 50 percent of the country's income generated from sectors other than oil.
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Iranian petrochemical traders stick to CFR deals to avoid payment troubles

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Iranian traders of petrochemical products are seeking to avert potential payment troubles in Asia by pricing their deals on a cost and freight basis instead of using the freight on board method.
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SABIC plans crude-to-chemicals facility in Saudi Arabia

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Saudi Arabia may be the first country in the Middle East to see an operating oil-to-chemicals processing facility.
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Middle East chemical industry to benefit from strategic change

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The chemical industry will be the fastest growing sector in the Middle East over the next three years, as businesses try to remain competitive by refocusing onto higher-value and niche products.
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GE, Saudi Aramco launch project to improve desalination technologies

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Saudi Aramco and GE will award a $200,000 grant to the winners of a competition for the best desalination technology ideas that can lower costs and improve efficiencies.
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Report: Middle East oil & gas companies excel at risk management

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The report examined the comparative risk quality of oil, gas and petrochemical facilities located in the Middle East, in comparison to more than 500 similar facilities globally.
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Total plans to tap into Iraqi petrochemical market

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French oil company Total is exploring options to expand its presence in the Middle East and tap the growing local market by constructing a large petrochemical complex in Iraq.
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