Industry news

Aramco to plant one million trees native to Saudi Arabia by 2025 Arabian Oil & Gas 13 MAY 2018 Under the patronage of Prince Saud ibn Nayef ibn ‘Abd Al-‘Aziz Al Sa’ud, Governor of the Eastern Province, Saudi Aramco on launched an ambitious environmental stewardship initiative to plant one million trees native to Saudi Arabia…

Industry news

United Nations issues 48,000 carbon credits to SABIC Arabian Oil & Gas 27 MAY 2018 SABIC received the second issuance of carbon credits from the United Nations for a Clean Development Mechanism (CDM) project at its Al-Bayroni manufacturing affiliate, maintaining the company’s achievement of being the only organisation in Saudi Arabia to receive the sought-after…

Industry news

PolyTalk conference highlights shared objectives for marine waste prevention BP&R 1 MAY 2018 This year’s PolyTalk 2018, held in St-Julian’s, Malta, brought together more than 190 attendees, under the banner of ‘Together we must save our oceans from litter.’ PolyTalk 2018, organised by trade association, PlasticsEurope, aimed to identify the path towards a clean marine…

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Sadara and Harcros-ARA sign supply agreement for PlasChem Park Facility ZAWYA 22 MAY 2018 JUBAIL, Saudi Arabia: – Sadara Chemical Company (Sadara) has signed a supply agreement with Harcros-ARA, a new venture being established by Harcros Chemicals Inc. (Harcros), an international manufacturer and distributor of industrial and specialty chemicals, and ARA Specialty Industrial Company (ARA),…

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Omifco plans expansion of ammonia-urea plants Trade Arabia 06 FEB 2018 Oman India Fertiliser Company (Omifco), a joint venture owned by the Oman Oil Company (OOC) and Indian fertiliser firms Iffco and Kribhco, plans to expand its capacity by building a third train of ammonia-urea plants, said a report. The third train is aimed at…

Industry news

Aramco IPO likely to be delayed until 2019: Al Falih Arabian Oil & Gas 27 MAY 2018 Oil giant Saudi Aramco’s initial public offering (IPO) is now almost certain to be delayed into 2019 after the kingdom’s Minister of Energy, Industry and Mineral Resources Khalid Al Falih said the postponement was “most likely”, according to…

Industry news

Qatar Petroleum plans new world-scale ethane cracker Wood Mackenzie 14 MAY 2018 This project would increase Qatar’s total nameplate ethylene capacity by over 50% Qatar Petroleum announced today that it has invited a group of leading international companies, with extensive experiences in the petrochemicals industry, to submit proposals for partnering with QP in the development/operation…

Industry news

Bahrain launches $1 bln energy fund Pipeline Oil and Gas Magazine 13 MAY 2018 Bahrain’s Minister of Oil announced the launch of a US$1 billion Bahrain Energy Fund, the first in the GCC giving institutional investors with access to local energy assets. The Bahrain energy Fund will look to raise a total of $1 billion…

GPCA launches Responsible Care self-assessment tool

GPCA has launched the first of its kind in the region Responsible Care Codes of Management Practices self-assessment tool, allowing members to record and benchmark their performance. The new centralized platform is designed for individual companies’ self-assessment of RC codes implementation and compliance and benchmarking against other companies’ results. In addition to the self-assessment tool,…