Saudi Industrial Investment Group and National Petrochemical Company have initiated talks to merge the two companies, resulting in an $11 billion petrochemical enterprise, according to Bloomberg. The companies said t...
Saudi Aramco has announced a reduction in fuel prices in the Kingdom, the company said in a statement. It mentioned that it provides octane 91 at a price of SR1.31 per liter, which dropped from SR1.55 per liter in the...
The Saudi Aramco’s CEO, Amin Nasser called for exerting more efforts to promote regional cybersecurity collaboration and international cyber-deterrence at the Global Cybersecurity Forum held in Saudi Arabia, according...
Saudi Aramco awarded Arabian Pipes Company a contract for its supplement of oil country tubular goods (OCTG) steel pipes, according to Zawya. The contract’s timeline is set for a year and half of a year, and the order...
Saudi Arabia has resumed to its average oil production, which makes Saudi Aramco fully focused on its initial public offering (IPO), according Reuters. According to the Saudi energy minister Prince Abdulaziz bin Salma...
Engineering for the Petroleum & Process Industries (Enppi) has been cooperating with Saudi Aramco to repair Shaybah oil field as well as Abqaiq and Khurais refineries in the aftermath of the allegedly Iranian stri...
Saudi Aramco and Malaysia’s Petroliam Nasional Berhad (Petronas) have begun operations at their new naphtha cracker, industry sources told Reuters. The cracker, which is part of the $2.7 billion Refinery and Petrochem...
Saudi Aramco is preparing a $10 billion bond issuance in early April 2019, CNBC reported, citing the Wall Street Journal. For the world largest oil firm, the move is seen as an indicator of how well the company operat...
Saudi Aramco, the world’s largest oil producer, is acquiring a 70% stake in the Saudi Basic Industries Corp (SABIC) in a $69.1 billion deal that aims to develop Aramco’s downstream growth plans, Reuters reported. R...
Saudi Arabia’s Aramco and Saudi Basic Industries Corporation (SABIC) signed agreements with the Arab Petroleum Pipelines Company (SUMED) worth $2 billion to establish petrochemical projects in the Mediterranean ...