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Middle East

Saudi Arabia considers natural gas price hike

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Next year the country may hike the price of its natural gas, which is currently the lowest in the world, in a bid to tackle energy waste and cut high-cost subsidies.
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UAE's biggest petrochemical company launches employment drive

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ABU DHABI — Abu Dhabi’s leading petrochemical company, Borouge, has announced plans to expand its operations and focus on creating jobs in the United Arab Emirates (UAE), according to
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Gulf petrochemicals producers to outline future strategies

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DUBAI — Petrochemical producers from the Gulf countries need to find ways to develop their business to its full capacity, says Dr Abdulwahab Al-Sadoun, secretary general of the Gulf Petrochemicals and Chemicals Association (GPCA).
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Iraqi oil poised to become game-changer

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PARIS — Iraq’s energy sector holds the key to the country’s future prosperity and can make a major contribution to the stability and security of global energy markets, the


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Fire at Iran’s biggest petrochemical plant kills one, injures 15

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TEHRAN, Iran — A gas leak in a feeding line sparked a fire Friday at Iran’s biggest petrochemical plant, AFP reported. The blaze at the Bandar Imam petrochemical complex
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A. Schulman announces joint venture to produce polypropylene compounds in Saudi Arabia

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AKRON, Ohio — A. Schulman, an international supplier of high-performance plastic compounds and resins, has entered into a joint venture agreement with National Petrochemical Industrial Company of Jeddah, Saudi
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