Saudi Aramco Plans to Cut Capital Spending Further
Saudi Aramco plans to further cut capital expenditure (Capex) in an attempt to try and pay for the $75 billion dividends that were promised to investors.
SABIC | Egypt Oil & Gas - Part 2
Saudi Aramco Intends to Boost Capacity by 1 MMBBL/D
Saudi Aramco has announced its intention to boost crude output by an estimated 1 million barrels of oil per day (mmbbl/d) to a total of 13 mmbbl/d, despite the company’s recent cuts in capital expenditure (Capex). ...
Aramco Seals Rights to Majority Stake in SABIC
Saudi Arabia’s Aramco has secured unconditional clearance from the European Commission to obtain a majority stake in SABIC.
SABIC’s Strategy Remains Stable
Saudi Basic Industries Corp (SABIC) expects its strategy to remain on its growth track in light of the company's acquisition by Saudi Aramco.
SABIC Holds Technical Summit in India
Saudi Basic Industries Corporation (SABIC) has recently organized a technical summit in Bengaluru, India.
Iraq Discusses Gas, Petrochemical Projects with Saudi Investors
A number of investment opportunities in Iraq’s gas and petrochemicals field have been presented to Saudi investors.
SABIC Not Seeking to Acquire Clariant
Saudi Basic Industries Corporation (SABIC) has denied interest in acquiring Clariant chemicals company.
Aramco Considers Cooperation with Lukoil in Uzbekistan
Saudi Aramco and Russia’s Lukoil are considering a partnership for two natural gas projects in Uzbekistan.
SABIC Extends Ar-Razi Partnership Deal for 20 Years
SABIC has renewed its partnership agreement with JSMC for another 20 years in a $1.35 billion deal.
SABIC, ExxonMobil to Construct Petrochemical Plant in Texas
SABIC and ExxonMobil will jointly construct a petrochemical facility, including a 1.8 million metric ton ethane steam cracker in Texas.
