Refining & Petrochemicals
The Middle East & North African downstream sectors is split into ‘haves’ and ‘have nots’. The wealthy countries with economies boosted by oil and gas exports are mainly looking to expand their downstream industries to squeeze more out of their oil assets. The poorer countries struggle to meet demand for fuels.
2 May, 2025
Featured
UAE's Borouge Rapid Growth
Borouge targets a 32% organic capacity growth to 6.6mn t/y by 2028 on top of merger plans which will catapult it into the global polyolefins top 5.
Adnoc’s Downstream Facilities At Ruwais
9 May, 2025
Top Story
Sabic Posts Q1 Loss In ‘Oversupplied Market’
Amid a challenging petrochemicals market, Sabic is still investing in growth with planned 2025 capex of up to $4bn. Two domestic MTBE projects are due online this year, while a $6.4bn complex in China is due to start up late next year, although non-core assets are being shed.
Sabic Returned To Profitability ($bn) In 2024
NEWS IN BRIEF
9 May, 2025
9 May, 2025
9 May, 2025
9 May, 2025
2 May, 2025
2 May, 2025
2 May, 2025
2 May, 2025
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