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Middle East

Sabic plans US petrochemical investment

Saudi petrochemical giant Saudi Basic Industries Corp. recently announced plans to invest in a petrochemical project in the United States next year and tap into the U.S. shale energy abundance.
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Iran plans to boost petrochemical production

Iran should stop exporting large amounts of raw petrochemicals and look for ways to make more profit by selling added-value products, according to the leader of the parliamentary Petrochemical Committee.
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Mideast refineries shift focus in production

Refineries in the Middle East are facing serious challenges to remain competitive, struggling to reduce operating costs and to maximize production among other problems.
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Desalinated water accounts for 98.8% of Dubai's water supply

Dubai is one of the pioneers in desalination technology and communities from water-deprived areas have been turning to the city for advice and good practices.
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OPEC prepares for falling oil market share in 2014

The global oil market is "well-supplied," despite predictions that the market share of the Organization of Petroleum Exporting Countries (OPEC) is likely to slip in 2014, due to increased production from non-OPEC countries.
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Middle East to remain top oil supplier over next five years

Despite the rapid growth in U.S. oil and gas production, the Middle East will remain global leader in energy supply.
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Plastic cooling towers suitable for high temp, humid locales

High-density polyethylene (HDPE) “plastic” cooling towers, used in U.S. industrial sectors for a number of years, are most recently finding a niche internationally, notably with installations at two projects in the Middle East.
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Alcoa-Ma'aden joint venture a boon for Saudi Arabia

U.S. aluminum giant Alcoa and the Saudi Arabian Mining Company (Ma'aden) announced that they have completed the first stage of their joint venture project.
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US imposes sanctions on Iran's petrochemical sector

The United States is imposing sanctions on Iran's petrochemical industry in a bid to cut off funds that the Islamic republic might use for developing its nuclear program.
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ExxonMobil, Qatar Petroleum sign deal for natural gas liquefaction project in Texas

The agreement establishes a commercial framework to sell up to the full 15.6 million metric ton annual (MTA) output of the Golden Pass Products liquefaction project.
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