Bandar Imam Petrochemical Company, a subsidiary of the Persian Gulf Petrochemical Industries Company, and Energy Industries Engineering and Design Company signed an agreement based on which the latter will build an ethane recovery unit for the former, the head of PGPIC said.
“Estimated to cost $...
Brent crude futures snapped a three-day rally on Friday in light holiday trading but the benchmark was still headed for a weekly gain, with the market focusing on next steps by OPEC+ and the impact of the Omicron variant.
Brent crude futures slid 41 cents, or 0.5%, to $76.44 a barrel, following...