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INEOS to invest USD2 bn in Saudi Arabia

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 Insights

03-Jun-19 INEOS has signed an MOU with Saudi Aramco and Total to build three plants at the Jubail 2 complex in Saudi Arabia. The energy efficient plants producing acrylonitrile, LinearAlphaOlefin and PolyAlphaOlefin will have access to competitive raw materials and energy. [image: INEOS]

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China's Geely unveils hydrogen fuel cell bus

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 Insights

30-May-19 Geely subsidiary brand, Yuan Cheng, has launched two new zero-emission buses in China. The F12 bus, developed by GVC in response to China’s new energy policy, can run over 500km after ten minutes of refuelling. [image: Geely]

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Egypt to attract USD10 bn petroleum investment in FY2019/20

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 Insights

16-May-19 Egypt’s petroleum sector is set to attract USD10 bn of investment this financial year, adding to the USD30 bn invested since 2016, according to Mohamed Saad, head of the oil chamber at the Federation of Egyptian Industries. [image: Reuters / Amr Abdallah Dalsh]

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Cambodia dreams of an oil gushing bonanza

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 Insights

30-Apr-19 Cambodia has announced it will begin to extract oil, representing a potential rich new source of energy and revenue. Extraction is expected to begin by the end of 2019 from the "Apsara" oil field in the Gulf of Thailand. [image: KrisEnergy / Facebook]

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