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.
Abu Dhabi National Oil Company (ADNOC) and Saudi Aramco will sign an agreement at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) in Abu Dhabi on November 13.
PetroChina signed 2019 crude supply agreements with Saudi Aramco and Kuwait Petroleum Corporation at the China International Import Expo in Shanghai.
State oil giant Saudi Aramco and petrochemicals company Saudi Basic Industries Corp (SABIC) will build a new integrated industrial petrochemicals complex in the port city of Yanbu on the Red Sea coast.
Saudi Aramco could decrease the official selling price (OSP) differentials of crude oil bound for Asia in December, according to traders.
Saudi Basic Industries Corp (SABIC) has announced a net profit of $1.6 billion in Q3 2018 on the back of rising average prices and sales.
Italian oil services company Saipem expressed its commitment to Saudi Arabia and mentioned its plans to take part in a series of tenders offered by the company.
Saudi Aramco announced that it has signed 15 preliminary deals and strategic and commercial collaborations worth more than $34 billion.
Saudi Aramco plans to purchase a stake in a new refinery being built by Zhejiang Petrochemical, according to Aramco's senior vice president of downstream.
An upgrade to Saudi Aramco’s Yanbu South Terminal (YST) has added 3 million barrels per day (b/d) to the export capacity of the Red Sea facility.
