Qatar Petroleum and Shell sign Heads of Agreement

QP_Shell_AgreementDr. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry of the State of Qatar, and Peter Voser, Chief Executive Officer of Shell, signed the Heads of Agreement that sets the scope and commercial principles for the development of a world-scale petrochemicals complex in Ras Laffan Industrial City, Qatar.

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Dow and Aramco declare official formation of Sadara

SadaraThe Dow Chemical Company (Dow) and Saudi Arabian Oil Company (Saudi Aramco) announced the official formation of Sadara Chemical Company (Sadara), a joint venture between the two companies.

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Sustainability a key drive for Sabic : Mr Mosaed Al-Ohali


Mr Mosaed Al-Ohali, Executive Vice President, Manufacturing, Sabic spoke to Oil Review about Sabic's sustainability drive and ambition to become innovation leaders.

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Baker Huges, Foster Wheeler release Q3 results


Baker Huges and Foster Wheeler reported their third quarter earnings that saw Baker Huges post record profits but Foster Wheeler saw its profits fall.

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SABIC launches venture capital arm


The Saudi Basic Industries (SABIC) has launched a new global corporate venture capital arm, SABIC Ventures, in the Netherlands, with the primary goal of seeking out innovative technologies and businesses.

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