BP annual Statistical Review of World Energy 2011 showed a strong rebound of global energy consumption in 2010, following the global recession.
Petrochemicals
Certification for Equate
Equate Petrochemical Company attained the Responsible Care (RC) 14001 certification and accreditation as the first company in Kuwait to earn such a prestigious international endorsement.
Sabic signs three-way deal for industrialisation program
Saudi Basic Industries Corporation (SABIC) and the Saudi Industrial Property Authority (Modon) signed a three-way deal recently with Boston Consulting Group (BCG) to conduct a study to develop six cities in the Kingdom.
KOGAS signs Iraqi gas deal
Iraq has finally signed a preliminary deal with South Koreas KOGAS to develop the Akkaz field in the western province of Anbar, an oil ministry official said.
ExxonMobil Chemical and SABIC award contracts for new elastomers project
Saudi Basic Industries Corporation (SABIC) and affiliates of ExxonMobil Chemical announced Front-End Engineering Design (FEED) contracts had been awarded for the proposed new elastomers project at their Al-Jubail Petrochemical Company (KEMYA).