Petro Rabigh’s refinery due new units

Rabigh Refining & Petrochemical Co. (Petro Rabigh), a joint venture of Saudi Aramco and Sumitomo Chemical Co., has let a contract to KT-Kinetics Technology SPA, a subsidiary of Maire Tecnimont SPA, Milan, to complete a clean fuels project at Petro Rabigh’s 400,000-b/d refinery and chemicals complex in the port city of Rabigh on the Red […]


McKinsey: Cars, petrochemicals in oil-market ‘tug of war’

Demand for liquid hydrocarbons will become a “tug of war between growth the petrochemical sector and declining demand from passenger cars,” predict analysts at McKinsey & Co. in a report suggesting oil demand might peak in 2030. Source: News