Egyptian and Kuwaiti companies have signed preliminary deals to set up petrochemical and phosphate fertiliser projects worth US$6.8bn in the North African country
Petrochemicals
Shell to build petrochemical complex in Iraq
Anglo-Dutch oil major Shell has signed a US$11bn deal with Iraq to build a petrochemicals plant in Basra, according to Iraqi industry minister
Shell completes global network after opening new gas-to-liquid base in Dubai
Shell has opened a gas-to-liquid (GTL) base in Dubai, which completes the oil major’s full global reach and is intended to serve customers in the Middle East, Egypt, India, Pakistan and South Africa
Qatar Petroleum and Shell drop Al Karaana project
Qatar Petroleum and Shell have decided not to proceed with the proposed Al Karaana petrochemicals project and to stop further work on the project, according to a statement issued by Shell
Saudi Arabia to invest US$91bn in petrochemical sector in next 10 years
Saudi Arabia has earmarked US$91bn over the next decade to build new petrochemical plants and expand existing ones, alongwith integrating refineries with new or existing units in the Kingdom