Middle East

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Iran Still Holds Potential for Early Investors

March 1, 2017

LONDON – Despite Irans disappointing economic performance since international economic sanctions were lifted last ...

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Saudi Aramco to Market Group I, II and III

February 22, 2017

Saudi Aramco announced Thursday the launch of a base oil marketing business, marking its shift to an active supplier rat ...

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Middle East Becoming a Gateway to Africa

January 20, 2017

Trade flows between the Middle East and Africa are soaring. Better connectivity and the emergence of countries like the ...

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Pearl GTL Plant Hobbled

December 28, 2016

Shell announced last week that its joint venture Pearl gas-to-liquids plant in Qatar is operating at a reduced rate of p ...

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Global Trends Drive Middle East Lube Advances

December 14, 2016

Discussions about moving major markets in the Middle East to higher value lubricants have seemingly gone on forever. Tod ...

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CEP, Saudi Venture to Build Rerefinery

December 7, 2016

Gulf Solvents of Saudi Arabia contracted Chemical Engineering Partners to build a 155,000 metric tons per year rerefiner ...

Contractor Issues Delay Yanbu Upgrade

Contractor Issues Delay Yanbu Upgrade

October 19, 2016

DUBAI, United Arab Emirates – Luberef said new API Group II base oils and bright stock production from its Yanbual ...

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Tianhe Debuts Dubai Production

August 31, 2016

Chinese additive manufacturer Tianhe Chemicals began streaming at its production facility in Dubai, United Arab Emirates ...

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Iran Vies for Regional Markets

August 15, 2016

Irans oil industry is back on track after the international community lifted its decades long sanctions on the countrys ...

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Saudi Blender Plans Blending Plant

August 3, 2016

Saudi lube supplier Gulf Start Factory Co. for Petroleum Industries signed a deal to build a blending plant in the indus ...

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Engine Oil Trends Impact Middle East Markets

July 20, 2016

Global quality trends are starting to influence the Middle East, and industry observers expect the market to gravitate t ...

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UAE Vies to Be Synthetics Hub

June 21, 2016

The United Arab Emirates could soon solidify its position as the leading synthetic base oil blending location. One indus ...

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Shell, OMV Petrol Ofisi Lead in Turkey

June 15, 2016

MOSCOW – The Turkish lubricant market is recovering from rampant illegal trade of base oil and is in a healthier s ...

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Adnoc to Open UAE Blending Plant

May 18, 2016

Abu Dhabis state-owned petroleum products distribution firm will open a lubricants and greases plant by 2022 at Khalifa ...

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Takreer Starts Base Oil Production in UAE

May 4, 2016

ABU DHABI, United Arab Emirates – Takreer, the refining arm of Abu Dhabi National Oil Co. has started commercial p ...

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Lube Markets Brace for Irans Comeback

March 21, 2016

Iranian refiners are gearing up for a post-sanctions push back into international markets, with potentially significant ...

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Sustainability Gains in the Middle East

January 16, 2016

The issue of sustainability has quickly moved up the corporate agenda in the Middle East as the region becomes a global ...

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Macroeconomic Factors Shape Middle East Markets

December 14, 2015

The main preoccupation in Middle East base oil markets often centers around price, but other macroeconomic factors are j ...