Friday 24 October 2014
 
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Ras Laffan terminal marks 5,000th loading

Qatargas has achieved yet another significant milestone with Ras Laffan Terminal Operations (RLTO) celebrating the loading of its 5,000th cargo on October 13, the equivalent of more than two billion barrels of product.  The 5,000th cargo also marks the first cargo of ultra-low Sul

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Iraq proposes to split Basra Light crude into two grades

Iraq's State Oil Marketing Organisation (Somo) has proposed splitting its Basra Light crude supply into two grades and has requested feedback from buyers in Asia, trade sources said.   The second largest Opec producer plans to offer two grades of crude - lig

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Saudi-Kuwait oilfield halt hits Asia crude supplies

Crude production from the Khafji oilfield, jointly run by Saudi Arabia and Kuwait, has been halted temporarily to comply with environmental rules, according to an industry source familiar with Saudi policy and an internal letter seen by Reuters.   It ad

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Saudi's Yansab Q3 net profit falls 20pc as sales drop

Saudi Arabia's Yanbu National Petrochemical (Yansab) reported a 20.1 per cent drop in third-quarter net profit, in line with analysts' estimates, as sales volumes declined.   The firm, a subsidiary of Saudi Basic Industries Corp (Sabic), made a net profi

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Saudi August oil exports fall to lowest in three years

Saudi crude exports fell in August for the fourth month in a row to their lowest levels in three years, official data showed, as the top oil exporter fights for market share amid weak demand and ample supplies from rival producers.   Saudi crude expo

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Polymer developments for pipeline industry in focus

New advances in polymer lining systems are emerging as a credible and cost effective alternative to traditional corrosion resistant alloys (CRA), according to recent developments. Swagelining Limited, a leader in the design and installation of polymer linings for pipeline and ris

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Saudi August oil exports lowest in three years

Saudi crude exports fell in August for the fourth month in a row to their lowest levels in three years, official data showed on Monday, as the top oil exporter fights for market share amid weak demand and ample supplies from rival producers. Saudi crude exports have been sliding

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Oman Electricity upgrades IT with Huawei

The Oman Electricity Transmission Company (OETC) has completed an advanced IT project done in partnership with Huawei, a leading ICT solutions provider, and partner Mustafa Sultan Enterprises, to enhance collaboration between its offices. OETC’s expanded operations required

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GE showcases advanced technologies at Bahrain expo

GE Oil and Gas said it is showcasing its advanced technologies to maximise the production efficiency of ethylene at the Ethylene Middle East Technology Conference and Exhibition 2014 in Bahrain. The three-day event started yesterday (October 19) at the Gulf Hotel, said a report i

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GPIC achieves new urea export milestone

Gulf Petrochemical Industries Company (GPIC) said it has exported a total of 10 million tonnes of granular urea since its inception. The milestone was achieved last week after 16 years of operations by the urea plant, where production started in 1998, said a report in the Gul

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