chemicals | Egypt Oil & Gas
Saudi Aramco Acquires 17% Stakes in Hyundai Oilbank
Saudi Aramco has completed acquiring 17% stakes of South Korea’s Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately $1.2 billion, according to Pipeline Oil and Gas News. The acquisition wa...
Aramco to Reduce its Carbon Footprint
Saudi Aramco has been establishing an international gas business in a way that diminishes its carbon footprint by converting more crude oil into chemicals, Amin Nasser, Aramco’s CEO said, Reuters reported. The company...
SABIC Q4 Profits Decline Due to Low Prices
Saudi Basic Industries Corporation (SABIC), one of the largest chemical producers in the world, announced a decline in its profits for Q4 2018 because of the drop in average selling prices, Pipeline Oil and Gas Magazi...
Sidpec Seeks Acquiring a Chemical Company
Sidi Kerir Petrochemicals Company (Sidpec) held a board meeting to discuss acquiring one of the Egyptian chemicals’ companies, Egypt Oil & Gas reports. The meeting will discuss ways to facilitate Sidpec̵...
Aramco Signs Chemical Technology Agreement
Saudi Aramco has signed an agreement with two US companies to use their technologies in order to turn crude oil to chemicals, which will help the kingdom boost its petrochemical business, Reuters reported. The Joint D...
Saudi Chemicals Joint Venture in 20-Year Contract with Saudi Electricity
Saudi Arabia’s Sadara Basic Services said on Tuesday that its parent firm signed a SR14.13 billion ($3.77 billion) deal with Saudi Electricity Company to supply electric power to its chemicals complex in Jubail ...Page 1 of 1
