Saudi Arabia’s SABIC, Oman’s state energy company OQ and Kuwait Petroleum International have signed an agreement to develop a petrochemicals complex in the Duqm economic zone, state news agency ONA reported on Wednesday. The complex will consist of a steam cracker and derivative units, and a natural gas liquid (NGL) extraction facility. The special economic […]
Downstream
Posted inDownstream, Earnings
ADNOC Distribution reports AED 1.56 billion H1 net profit
The company accelerated delivering on its growth strategy throughout the first half of the year, with the opening of 12 new stations in the UAE
Posted inNews
ADNOC and TotalEnergies sign strategic partnership agreement
ADNOC and TotalEnergies to explore opportunities to collaborate in areas of mutual interest, including in gas growth, CCUS and trading and product supply
Posted inDownstream, News
Saudi Aramco signs MoU with Thailand’s state-owned PTT Group
Global integrated energy and chemicals company Saudi Aramco is exploring further collaboration with Thailand’s national oil company PTT, as it expands its downstream presence in Asia, Aramco announced in a statement. The two companies signed a memorandum of understanding at a ceremony in Bangkok on May 11. With the agreement in place, the companies aim […]
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