Energy KSA Edition
Latest News
UAE's NCEMA, Aramco discuss cooperation in risk mitigation
The delegation was also briefed about the components and mechanisms of the National Operations Centre
Sipchem sponsors 14th GPCA annual forum
The 14th Annual GPCA Forum took place at Madinat Jumeirah, Dubai
Kuwait, Saudi, UAE agree to additional cut in oil production
OPEC and OPEC + agree to an additional reduction of oil production by 500,000 barrels
Saudi Arabia, Kuwait to resume production from joint oilfields “very soon”
Saudi Arabia pledged to reduce oil production by additional 167,000 bpd until March 2020 during OPEC+ latest meeting in Vienna
SABIC boss urges more partnerships among petrochemical companies in the Middle East
Industry players had been conservative in striking meaningful partnerships outside the region: SABIC CEO
Saudi Sipchem, Linde ink strategic partnership agreement
The aim of the agreement is to meet the growing demand from the refining and chemical industries in Saudi Arabia.
Xylem, SAGIA sign MoU to hasten adoption of digital water solutions
Under the MoU, Xylem will work with SAGIA to develop and localize advanced water and wastewater products and technologies to address water challenges in Saudi Arabia
GCC chemical industry achieves revenue of $84.1bln in 2018
Bahrain’s chemical sector achieved the highest revenue growth of 39% in 2018
Saudi Aramco signs MoU with GFRP rebar maker
According to Saudi Aramco’s internal analysis, GFRP rebar is qualified to replace 10% of Saudi Aramco’s total steel demand
Saudi petchem sector likely to see weak Q4: report
Petchem prices likely to remain under pressure in the near term on weak demand amid global trade concerns
Insights
Hedge funds pile into petroleum on rosier economic outlook: Kemp
Hedge funds resumed heavy buying of crude oil and petroleum products last week
ME industrial refrigeration market to grow 7.3% during 2018 to 2024
Upcoming large-scale projects
Aramco IPO: To buy or not to buy?
Bigger investors usually wait till near the end to buy. Therefore, I expect this IPO to be a resounding success