Saudi Aramco Agrees 2019 Supply Deal with China’s Hengli Petchem

• Sunday, 11th November 2018
• by Editorial Team

Saudi Aramco has agreed to supply 130,000 barrels per day (b/d) of crude to private Chinese chemical group Hengli Petchem for 2019, Aramco’s second major marketing alliance with a private Chinese refiner, Reuters repo...

Zhenhua Oil to Sign JV Agreement with Iraq’s SOMO

• Sunday, 4th November 2018
• by Editorial Team

China’s Zhenhua Oil is expected to sign an agreement with Iraq’s State Oil Marketing Organization (SOMO) to establish a joint venture (JV) company, two industry officials with direct knowledge of the matter told...