Aramco | Egypt Oil & Gas
Aramco to Expand East-West Pipeline Capacity to 10 Million bpd, Studies New Export Routes
Saudi oil giant Aramco is working to expand its East–West Pipeline capacity from 7 million barrels per day (mmbbl/d) to 10 mmbbl/d and is studying additional export routes to reduce reliance on existing shipping corri... Aramco Sells Eight High-Sulfur Fuel Oil Cargos for November Loading
Saudi Aramco has sold eight cargoes of high-sulfur fuel oil for November loading through a tender on a free-on-board (FOB) basis, according to Reuters. The cargoes range from 80,000 to 100,000 tons each. Five are sche...
Aramco JV Refinery in China Receives First Crude Shipment
Huajin Aramco Petrochemical, a joint venture developing a 300,000 bbl/d refinery and integrated petrochemicals complex in northeast China, has received its first shipment of Saudi crude oil as it prepares to begin com...
Aramco Offers Additional Crude Oil Cargoes for Spot Delivery to Europe
Saudi Aramco has offered additional crude oil cargoes for spot delivery to Europe between late October and mid-November, as the state-owned oil producer continues to make supplies available to traders, three trade sou...
Aramco CEO Says Global Oil Supply Buffer Is ‘Scarily Thin’
Global oil stockpiles have fallen to critically low levels, leaving markets exposed to further supply pressure unless the Strait of Hormuz fully reopens, Saudi Aramco CEO Amin Nasser said. “Until Hormuz fully re-opens...
Fire Seen Near Aramco Facility in Riyadh as Houthi Attacks Escalate
A large plume of smoke and fire was seen near an Aramco facility in Riyadh on Saturday, according to a witness who spoke to Reuters, as attacks linked to Yemen’s Iran-aligned Houthis intensify. Saudi authorities had n...
Saudi Aramco Considers Arlanxeo Sale as Part of $35 Bn Asset Plan
Saudi Aramco is considering selling specialty chemicals company Arlanxeo as the Saudi energy company seeks to raise funds through an asset divestment plan worth as much as $35 billion, according to Bloomberg. Aramco i...
Aramco Signs Agreements Worth More Than $3.7 Bn With French Companies
Saudi Aramco, Saudi Arabia’s state-owned energy giant, has signed agreements and a memorandum of understanding (MoU) with French companies with a potential combined value exceeding $3.7 billion, as part of efforts to ...
