Saudi Aramco, ADNOC Sign $44B Refinery Deal
Abu Dhabi National Oil Company (ADNOC) has signed to buy part of Saudi Aramco's stake in the $44 billion Ratnagiri refinery in Maharashtra, India.
Abu Dhabi National Oil Company (ADNOC) has signed to buy part of Saudi Aramco's stake in the $44 billion Ratnagiri refinery in Maharashtra, India.
Saudi Aramco has 2 million barrels per day (b/d) in spare capacity, double the expected OPEC-sanctioned increase in production.
Saudi Aramco is looking to expand its investments in refining and petrochemicals to secure new markets for its crude, and has identified growth in chemical industries as strategic in combating the risk of a slowd ...
Oil pipelines between Saudi Arabia and Bahrain are expected to be completed during 2018, according to Bahrain's Oil Minister Mohammed Al-Khalifa.
Saudi Aramco Products Trading Company (ATC) and Indonesia’s Pertamina struck a gasoline supply deal, as Aramco looks to increase its presence in the Southeast Asian market.
Saudi Aramco has increased the price of crude exports to Asian buyers to their highest levels since 2014 amid rising demand for Saudi oil.
Amec Foster Wheeler has been awarded a contract by Sadara Chemical Company for the construction of two gas pipelines at the PlasChem Park, located in Jubail Industrial City in Saudi Arabia.
Saudi Aramco signed an unconventional gas stimulation services contract with Halliburton on May 27 to aid the company’s Unconventional Resources Program.
Saudi Aramco and Malaysian national oil company Petronas have launched their joint ventures in refining and petrochemicals located in Malaysia and under the name “PRefChem”.
Saudi Aramco's first external audit has revealed that the company has 270 billion barrels in oil reserves.