Investment Minister urges petrochemical companies to bolster partnerships with Egypt

“Egypt is working on developing several major petrochemical projects that will contribute to securing the needs of the local market and exporting the surplus,” Minister of Investment and Foreign Trade Hassan Al-Khatib said. Khatib was speaking during a …

Federal rollbacks threaten health protections in Texas petrochemical communities

In the early months of President Trump’s second term, his administration has dismantled or delayed key environmental rules, putting heavily polluted communities like Channelview, Texas, at greater risk. Savanna Strott reports for Public Health Watch. In …

Domestic Petrochemical Industry Strategizes Against Prolonged Recession with Asset Sales

The petrochemical industry is undergoing significant transformations as it grapples with a prolonged recession and severe global oversupply. On June 27, industry sources revealed that major players like LG Chem and Lotte Chemical are selling non-core …

UAE: Borouge and Honeywell to build petrochemical industry’s first AI-driven control room

Borouge Plc, a leading petrochemicals company, is collaborating with Honeywell to conduct a proof of concept for AI-powered autonomous operations, which has the potential to revolutionise Borouge’s UAE plant operations. The collaboration between Borouge …

‘Nigeria Should Not Destroy Petrochemical Industry With Ban On Plastics, But Ensure All Plastics Are Recycled’

1  The Manufacturers Association of Nigeria (MAN), has stated that Nigeria, as a major producer of crude oil, should not be destroying its petrochemical industry with ban on plastics, but rather seek to close the loop by ensuring that all plastics are …

Minister of Oil discusses with British Ambassador prospects of partnership in energy and petrochemical investments

Minister of Oil discusses with British Ambassador prospects of partnership in energy and petrochemical investments

‎The Tripoli based Acting Minister of Oil and Gas, Khalifa Abdel Sadig, met yesterday with the British Ambassador to Libya, in a meeting dedicated to discussing strengthening bilateral cooperation and developing the energy sector.‎ ‎The efforts of the …

Car loans slip, but real estate borrowing rises

There has been a drop in car loans but an in­crease in bor­row­ing for re­al es­tate in­vest­ments ac­cord­ing to the Cen­tral Bank’s Mon­e­tary Pol­i­cy Com­mit­tee (MPC). In its quar­ter­ly mon­e­tary pol­i­cy an­nounce­ment, is­sued yes­ter­day, the …

AAM2025: Afreximbank’s support for Dangote Refinery hits over $4 billion — Benedict Oramah

The outgoing President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has disclosed that the bank has so far supported the Dangote Refinery and Petrochemical Industry with “over $4 billion” in …

Ancient mantle plume created a 60-million-year volcanic trail from Iceland to Ireland

Lava plateaus, volcanic islands, and basalt columns litter the North Atlantic, yet they sit hundreds – even thousands – of miles apart. What tied them together? For decades, geologists have puzzled over this geological jigsaw that stretches from Greenland’ …