Head of Gulf Petrochemicals and Chemicals Association says Gulf producers need to shift to higher value products to better compete with US shale production.
German industrial flooring specialist Nora Systems estimates that demand for tough flooring solutions among the GCCs oil and gas industry could in the tens of millions of dollars over the coming year due to major new projects coming online.
Head of Gulf Petrochemicals and Chemicals Association says removal of customs tariff and associated non-tariff barriers would reduce operational costs for GCC petrochemicals exporters.
With comparatively high margins still available in the refining and petrochemical sectors, GCC producers are well placed to feed a growing regional and international market. However, increased efficiency and integration of assets will be critical if the r......
On back of regional demand, global industrial quality testing solutions provider Intertek to build additional laboratories across GCC.
The GCC now supplies around $15.4 billion of downstream oil and gas products to China.
The GCC's oil ministers will meet to discuss gasoline pricing, market security and closer collaboration on renewable energy projects.
GCC governments are looking to diversify their economies by adding value to their hydrocarbon reserves prior to export.
An Integrated Energy Strategy is a necessity for countries looking to extract more value from their resources. As part of the strategy, overarching key principles should be followed.
Easing of international trade barriers following 2013 WTO agreement expected to reduce cost of GCC petrochemicals exports.
New report finds regional chemicals firms are looking beyond efficiency - now looking at attracting industry-aware talent.
The pair scooped the award for their commitment to environmental issues in their GCC based oil and gas projects.
Massive investment by region comes as gas demand is set to rise by 50 per cent in next 17 years.
A surge in more environmentally friendly downstream products produced within the GCC will help the region take a more ecologically responsible approach to polymer production.
The GCC petrochemicals sector needs to leverage opportunities in the sector to overcome challenges from global competition, according to speakers at the Gulf Petrochemicals and Chemicals Association (GPCA) forum.