The Middle East will be the third-highest contributor to the global refinery fluid catalytic cracking units (FCCU) capacity additions, contributing around 150 thousand barrels per day (mbd) by 2024
Petrochemicals
ADNOC L&S, Wanhua Chemical form strategic shipping joint venture
ADNOC Logistics & Services (ADNOC L&S), an Abu Dhabi National Oil Company (ADNOC) shipping and maritime logistics subsidiary, has formed a new strategic joint venture (JV) with the Wanhua Chemical Group (Wanhua)
ADNOC and ADQ form joint venture to catalyse UAE’s chemicals sector
ADNOC and ADQ have signed a Joint Venture (JV) agreement to create a new investment platform to fund and supervise the development of industrial projects within the Ruwais Derivatives Park
Saudi Aramco reorganises its downstream operations
The Saudi Arabian Oil Company has announced that its downstream business will be reorganised to support and enhance integration across the value chain of hydrocarbons and better position the company to drive financial performance, value creation and global growth
Saudi Aramco announces downstream business reorganisation
The Saudi Arabian Oil Company, Saudi Aramco, has announced the reorganisation of its downstream business to support and enhance integration across the hydrocarbon value chain and better position the company to drive financial performance, value creation and global growth
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