Thursday 25 February 2021

Global chemical prices soar over US polar storm

The US polar storm has now shut down 90% of US polypropylene (PP) capacity, 67% of ethylene and devastated other important products, sending ripples around global chemical markets prices soaring, said n industry expert. More chemical plants and refineries across the Gulf Coast re


Shell Oman expands its business in the sultanate

Continuing to reinforce its role as a pioneer in the oil marketing sector in Oman, Shell Oman Marketing Company has expanded its operations in the port city of Duqm, by commencing supply of aviation fuel to Duqm Airport.   Commenting on the announcement, Dr Moha


Sabic, KACST to develop high performance materials

Sabic, a global leader in diversified chemicals, and King Abdulaziz City for Science and Technology (KACST) signed a Joint Development Agreement (JDA) to develop high performance and lightweight materials for advanced applications. Sabic Vice Chairman and CEO Yousef Al-Benyan and


Schlumberger announces Egypt digitalisation project

The Egyptian Ministry of Petroleum and global oilfield services provider Schlumberger have announced the launch of the Egypt Upstream Gateway, an innovative national project for the digitalization of subsurface information. This digital platform will also enable global access to


ExxonMobil seeks action on methane emission regulations

Global energy major ExxonMobil said it had long advocated for federal methane regulations as the most effective way to reduce methane emissions at scale, and now has received a shot in the arm with US President Joe Biden prioritising it as part of his administration’s plan 


Shell expands aviation fuel business in Oman

Shell Oman Marketing Company said it has expanded its operations in Duqm city of the sultanate with the supply of aviation fuel to Duqm Airport. The company is uniquely positioned to deliver global fuel technology to local and international customers.   Shell&rs


Dewa's Smart Living helps net $14.3m in utility savings

Dubai Electricity and Water Authority's (Dewa) has achieved savings up to 179.5 million kilowatt hours of electricity and 67.7 million gallons of water, since its launch last July 2020. This is equal to savings of AED52.6 million ($14.3 million).   The Smart


Siemens’ e-seminar highlights Qatar’s decarbonisation potential

Siemens Energy, one of the world’s leading energy technology companies, concluded a three-day virtual conference, entitled “Qatar Energy Days,” which brought together participants from across government, energy and industrial sectors, focusing on the technologies to meet and


Prysmian signs up as partner for France RTE's power grid upgrade

Prysmian Group, a world leader in the energy and telecom cable systems industry, has signed a new framework agreement with Réseau de Transport d’Electricité (RTE), France’s Transmission System Operator, confirming its role as major partner of the French TSO in its pl


Baker Hughes signs deal to acquire ARMS Reliability

Baker Hughes has announced it is acquiring ARMS Reliability, a leading global provider of reliability solutions to some of the world’s largest industrial companies across a wide range of industries including mining, oil and gas, power, manufacturing, and utilities.  &n

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