Skip to content

Advanced Search

My Favorites

Filter Options

26 record found.

Major oil producers seek stabilization in oil markets

Major oil producers including Saudi Arabia and Russia have recently reported their willingness to help rebalance oil markets after several OPEC members including Venezuela, Ecuador and Kuwait requested to...

  • 16.08.2016

Kuwait and Afghanistan to import Iranian gas

Azizollah Ramazani, Chairman of National Iranian Gas Export Company (NIGEC) and International Affairs Director of (NIGC), stated that Iran is currently producing...

  • 09.05.2016

World Bank raises 2016 oil price forecasts

According to media reports, the World Bank raised its crude oil price forecasts for 2016 to $...

  • 27.04.2016

Oil and gas drilling from GCC reaches record high

According to media reports, the number of rigs drilling for oil and gas on the Arabian Peninsula reached a record high...

  • 14.04.2016

GCC states to borrow up to $390 billion by 2020: Media

According to media reports, the Gulf Cooperation Council (GCC) states are expected to borrow between $285 billion and $390 billion by 2020 in order to...

  • 11.04.2016

Emirati players: Import and local April prices surface

Players operating in the United Arab Emirates have reported receiving new April PP prices both in the local and import markets...

  • 04.04.2016

Oil producers to meet in April to discuss output freeze

According to media reports, Qatar’s Energy Minister said that OPEC and some non-OPEC countries will meet in Doha, Qatar on April 17...

  • 16.03.2016

March PP, PE prices emerging higher in the Middle East

Players in the Middle East report that March prices for PP and PE are being announced with increases in the region in line with the globally firming trend and stronger energy markets. Demand is said to have improved a bit within the region...

  • 03.03.2016

Middle Eastern markets start 2016 on a weaker note

Players operating in the Middle Eastern markets received decreases on January PP and PE offers and now many report that they have received adjustments on those initial offers for the month...

  • 11.01.2016

GCC plastics production will grow 3.2% by 2020

According to media reports, the Gulf Petrochemicals and Chemicals Association (GPCA) reported that plastics production in the Gulf countries will grow by an annual rate of 3.2% from now to 2020...

  • 06.01.2016

Dow Chemical finalizes transaction to sell MEGlobal

According to media reports, the Dow Chemical Company (Dow)finalized the sale of its stake in MEGlobal...

  • 25.12.2015

Gulf States forced to rethink reforms due to lower crude prices

According to local media sources, the relentless decreases on crude oil prices have caused widespread fear in the Gulf States...

  • 10.11.2015

Local and import PP, PE prices emerge in UAE for November

In the United Arab Emirates, new November prices have started to emerge both in the import and local markets...

  • 28.10.2015

Middle Eastern players: Approaching Ramadan holiday slows trade further

In the Middle East, new July PP and PE announcements were mostly announced with decreases, in line with previous market expectations. The only exception to this was a major Saudi producer’s PE prices that they announced in their own local market. In general, demand remains weak in the region and the approaching…

  • 13.07.2015

Emirati trader: Weak demand casts a shadow on June outlook

A trader operating in Dubai, United Arab Emirates highlighted the firmer May offers both from the Middle Eastern producers as well as the local Emirati producer...

  • 19.05.2015

Plastics industry meets at ChemOrbis 2nd Polyolefins Conference

ChemOrbis’ 2nd Polyolefins Conference was held at the Divan Hotel in Gaziantep, Turkey on April 28, 2015, with the participation of 142 companies and more than 240 market players…

  • 29.04.2015

Crude oil exports from GCC to halve in 2015

According to media sources, crude oil and gas exports from GCC countries will halve in 2015...

  • 28.04.2015

UAE to revamp its LNG facility in Jebel Ali, Dubai

According to media reports, the liquefied natural gas (LNG) storage facility in Jebel Ali, Dubai is likely to be expanded soon in an effort to keep pace with the United Arab Emirates’ growing energy needs...

  • 06.04.2015

Saudi Arabia’s Yemen operation drives oil prices up

According to media reports, oil major Saudi Arabia and some other Gulf countries’ airstrikes on rebel targets in Yemen have caused oil prices to increase around by 6%...

  • 26.03.2015

MEA players: Mid-Eastern producers to come with firmer April prices

In the Middle East and Africa, players comment that they expect firmer prices for both PP and PE for April from the Middle Eastern producers. Players in these markets mostly form their anticipations based on the regional producers’ limited supplies. Meanwhile, some Turkish players have already reported receiving new PE prices for April…

  • 25.03.2015

Better trading activity follows March hikes in the Middle East

In the Middle East, March offers were revealed in the region’s markets last week with increases from February levels. This was no surprise to players given the very limited supply levels from Saudi producers, especially for PE….

  • 09.03.2015

Middle Eastern players receive more February polymer prices

In the Middle East, players operating in Jordan, Lebanon, the United Arab Emirates and Saudi Arabia have started to report more February offers from regional producers...

  • 03.02.2015

Middle Eastern players: Clouds may not scatter for January

In Middle Eastern markets, players have begun to voice their January expectations while a major Saudi Arabian producer already announced their new PP, PE and PS prices to their local market…

  • 29.12.2014

Qatar puts mega project on hold amidst supply surplus

Qatar plans to cancel expansion projects in polymer capacities, according to market sources. The region’s supply surplus...

  • 27.10.2014

Qatar’s MPHC announces profits for H1 2014

Qatar’s Mesaieed Petrochemical Holding Company (MPHC) announced a profit for the first half of 2014...

  • 28.07.2014

26 record found.
Sign up for FREE trial
Free Trial