Aramco taking $75 bn stake in Reliance Industries’ oil, chemicals unit
The world’s biggest crude producer will soon own a part of the world’s biggest oil refinery. Saudi Aramco will buy a 20% stake in the
Category : Downstream
Ethylene capacity in Africa to rise to 4.63mtpa by 2023
Ethylene capacity in Africa is expected to increase at an average annual growth rate (AAGR) of 18.6 per cent from 1.83 mtpa in 2018 to
Eni, SABIC to develop technology for natgas conversion into synthesis gas
Eni and SABIC have signed a Joint Development Agreement to further develop an innovative technology for natural gas conversion into synthesis gas that can be
Egypt executing oil refining flagships of $9bn
Six mega projects with investments worth $9 billion are being carried out in the field of oil refining in Egypt, Petroleum Minister Tarek el-Molla said
Saudi Aramco, Total ink deal with Daelim to build Polyisobutylene facility
Saudi Aramco and Total have signed a memorandum of understanding (MoU) with Daelim, a South Korean petrochemical company, to build a new Polyisobutylene (PIB) plant with
Angola : Total will Launch a Fuel Retail Network with Sonangol
Total has agreed to develop joint activities in the downstream petroleum sector in Angola, with national company Sonangol. Already long-term partners in the upstream business,
Cepsa Hopes to Take Over 15% of Morocco’s Fuel Station Market
Cepsa has signed a partnership with Derhem Holding to expand its oil business in Morocco by building 100 service stations in 5 years. Spanish oil
Why Saudi Aramco invests in integrated refinery and petrochemical projects
In the past decade, Saudi Aramco has added full-conversion refineries to meet local demand and has plans for new petrochemicals plants to increase its competitiveness
Saudi Arabia plans oil refinery, petrochemicals plant in South Africa
Saudi Arabia plans to build an oil refinery and a petrochemicals plant in South Africa as part of $10 billion of investments in the country,
Canadians Cry Oil Crisis As Pipeline Problem Grows Worse
Sixty percent of Canadians now feel that the country’s oil pipeline capacity has reached crisis levels, according to a new survey from the Angus Reed