The Gulf Downstream Association (GDA) announces its virtual conference “TRANSFORM” on “The Evolving Future of Leadership and Project Management” for the region’s oil and gas industry
Petrochemicals
Kuwait to lead Middle Eastern refinery capacity growth by 2024, says GlobalData
Supported by its Al-Zour project, Kuwait is expected to lead the refinery capacity growth in the Middle East by 2024, with the anticipated addition of 615 thousand bpd contributing to around 31% of the region’s total growth, according to GlobalData
Aramco highlights financial and operational strength despite ongoing challenges
The Saudi Arabian Oil Company (Aramco) has announced its financial results for the third quarter of 2020, highlighting the company’s financial and operational strength, despite market volatility and the impact of COVID-19 on the global economy
Saudi Aramco and the Institute of Energy Economics, Japan (IEEJ), in partnership with SABIC, have demonstrated the production and shipment of blue ammonia from Saudi Arabia to Japan with support from the Japanese Ministry of Economy, Trade and Industry
As the conventional refinery model of generating revenue by processing crude to produce transportation fuels is increasingly under threat from falling fuel demand, the integration of a refinery with a petrochemicals plant can improve the revenue generation potential of refiners, according to GlobalData