Annotated Bibliography

“The effect of Covid-19 on the petrochemical companies in KSA”

My research is about “the effect of Covid-19 on the petrochemical companies in KSA”. As we know that this newly pandemic shock the whole world. Main industries that have impacted in the Saudi Arabia due to this newly virus contain Energy, Aviation, Chemical, Retail and E-commerce, Travel & Tourism among others, But the Saudi Arabia petrochemical Companies facing a big problem during this pandemic. In this research we will explain how Covid19 affected the KSA economies? Analysis of the Saudi Arabia procedures impacting the KSA economy. After that we will find a suitable solution how to control this pandemic to avoid future more crises. When and how this pandemic will finish?

 

Published by Arab News/ on 5 July 2020. Topic “Coronavirus pandemic a turning point in business history”

This news was published by Arab News on 5 July 2020 topic “Coronavirus pandemic a turning point in business history”. Al-Benyan said. “Coronavirus signifies a crisisin industrial history. The creation of a new normal” Al-Benyan said (B20) Covid-19 Imagination which taps into the expertise of the worldwide industry community in an exertion to alleviate the effects of the financial crisis produced by this Covid-19.he said “With gatherings and travel restrictions in place, our experience with conducting virtual meetings on digital platforms is a reminder of the importance of strengthening our worldwide digital arrangement like we press on to achieve business continuity. The health crisis has served to highlight the importance of digital technologies in containing the pandemic as well as minimizing the social and economic impact,” Al-Banyan said that as every civilian of the KSA we look onward to presenting a physical occasion & greeting international leaders to the nation. That said, some conclusion be depending on outside issues & a condition that lasts to progress. However we organize for all possibility, we will be succeeding administration strategies & global best practices, conferring with altogether fellow situations & investors already determining on the last occasion setup.

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Reporting by Gerard Aoun, (Seban Scaria editing) [April 8 2020], ZAWYA.COM, part of Retinitis Middle East.

This report was written by Gerard Aoun on 8 April 2020 published by zawya.com on the topic of “Petrochemicals; GCC organizations face risks from coronavirus spread, oil drop”. The instant view for KSA petrochemicals part is very challenging. A severe drop in oil costs & the covid-19 eruption have impacted the petrochemicals sector in Gulf kingdoms & global. In March the OPEC (Saudi-led Organization of Petroleum Exporting Countries) failed to strike a contract with Russia-led allies on oil manufacture cuts. KSA's Ministry of Energy has trained KSA (Aramco) to supply 12.3 million barrels per day of crude to the marketplace in the next months. Ozeir said “Furthermore, the chemicals sector is highly exposed to key end markets such as automotive, oil & gas and aerospace, which are expected to contract heavilyas a outcome of the present worldwide economic situation,” he added.Al Rajhi stated in a note on sector. “The petrochemicals rates are fixed to weakening within a range of 15% to 20% in the year 2020 & no material retrieval is probable to be gotten till year 2022”.

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Published by 2B1st Consulting “Blog, One day - One News” Newsletter (March 2020)

This Report was published by 2B-1st Consulting News on March 2020 on the topic of “Coronavirus Effect on Oil and Gas and Petrochemicals Projects” The OPEC marketplace share above fifty years in overall production. As the oil value decrease to twelve dollar per/barrel in the year 2000, OPEC has decided to uphold a least of forty percent souk share to retain changeable in marketplace. KSA world production governance & Pressure the Middle-East kingdoms to decrease their creation to keep the barrel value beyond forty dollar per/barrel, therefore to decrease OPEC marketplace share down to the maximum of thirty percent under which this group reflects to drop the control of the marketplace. An adding to enhancement capabilities through about four million barrels each day in a short time. KSA has established to keep that hundred billion dollar deal in one field growth with the target to originate back as much possible to the forty percent marketplace share with the support of other OPEC nations.

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Published by Join Nader Itayim, Muhammad Fadhil & Sarah Raffoul [26 March 2020]” The impact of the coronavirus on Middle East supply chains, petrochemical shipping and aviation markets

 

This report was Published by Join Nader Itayim (Editorial Manager for Argus, Middle East bureau), Muhammad Fadhil, Argus’ petrochemical editor and Sarah Raffoul [26 March 2020]” The impact of the coronavirus on Middle East source chains, petrochemical shipping & aviation markets.

KSA & the Dubai said it is actions to boost their economies with packages price a mutual fifty five billion dollars, with other expected to originate. What’s the direct effect on county refiners & petrochemical producers in Mideast Gulf & to their supply chains? Beginning of the Covid-19 eruption coincided with a previously pre scheduled processing plant keep programmed in the Mideast Gulf. This capability is arranged to be back online quickly, however workers can extend their U-turns to retain unit’s offline for certain period given the usual marketplace situations. Assumed the current drop in the oil & naphtha rates, petrochemical feedstock rates are compressed. Load turn into a greater amount of the final rate & might offer a competitive advantage to county petrochemical makers.

 

 

 

Written by Jean Francois Séance on [17th Mar 2020] Published by Middle East institute “The economic perspective for KSA amongst Covid-19 Pandemic”

 

This Article was written by “Jean Francois séance on 17 March 2020 & published by Middle East institute on the topic of “The economic perspective for Saudi Arabia amongst Covid-19 pandemic”

KSA has money assets of above five hundred billion dollars & can bear the crisis that the worth war involves, assessed at seventy billion dollars to hundreds billion dollars each year. This will come at a sharp price but it’ll grimly ruin the nation’s capacity to encounter its goals under the Vision year 2030. From Riyadh’s viewpoint there capacity is a silver coating in the fact that its roguish opponent. Iran & its associates in Iraq will be firm hit via the steep drop in oil revenue, and the cost, problem of dealing with the novel coronavirus.

Taken together the two black swan measures are probable to hit the MENA countries very tough. The mutual outcome of the virus & the oil rate war will quickly reduce cash assets & cut, if not avoid, financial development. Also, the socio economic prices for the county’s publics are by this time high & their sorrow great, & both together will only become worse in the nearby period. Obviously, if this virus starts to ebb tide in the summer, Russia & KSA come to an prearrangement; certain developments that have been delayed could be restored.

 

 

 

 

Abdullah A. Algaissi, Naif Khalaf Alharbi, Mazen Hassanaine, Anwar M. Hashem [2020] Journal of Infection and Public Health “Response of KSA to Covid-19 controlling”

This research was reported by Abdullah A. Algaissi, Naif Khalaf Alharbi, Mazen Hassanaine, and Anwar M. Hashem. On the topic of “Response of KSA to Covid-19 controlling” In response to the Spreading of the Coronavirus pandemic was through stopping completely direct flights among KSA and infected countries. On 27^th, the government postponed pass of wholly worldwide Umrah pilgrims, tourists & checked entirely entrance points to Makah & Madinah. On 28 Feb, KSA proscribed incoming travel of individuals from Coivd-19 affected states. The “MERS-Corona” rises in the year 2012 with ongoing however controlled pandemic has put KSA on a high sense of aware & willingness to take whatsoever measures to control this virus spread. Saudi Arabia (KSA) has forced some of extreme actions on social movement, social & also religious crowd’s travel, businesses method earlier the first coronavirus patient informed in Saudi Arabia & before reaching hundred cases. It is predictable that KSA would have a flatter curve & can be capable to control Covid-19 faster than another nation. MERS-Cov Pandemic assisted KSA to have well notified public health system & infection control plans & actions. KSA has better in terms of clinical & scientific study on pandemic.