Petrochemicals

Oil consumption increased in 2010 according to BP

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BP annual Statistical Review of World Energy 2011 showed a strong rebound of global energy consumption in 2010, following the global recession.

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Certification for Equate

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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.

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Sabic signs three-way deal for industrialisation program

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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.

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KOGAS signs Iraqi gas deal

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Iraq has finally signed a preliminary deal with South Korea's KOGAS to develop the Akkaz field in the western province of Anbar, an oil ministry official said.

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ExxonMobil Chemical and SABIC award contracts for new elastomers project

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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).

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