Tag Archives: Saudi Aramco

As the world’s top crude oil exporter. Saudi Arabia will not be giving away easily its crown and the geopolitical clout that comes with it.

Aramco is a major gas player but much of its production is used domestically.

Aramco’s planned acquisition of SABIC is expected to involve buying all or nearly all of the 70 percent stake in the chemicals company.

These two contracts refer to. respectively. the development of offshore fields in Berri and Marjan.

Aramco is the world’s most important and most valuable oil company.

Saudi Arabia wants to make Pakistan’s economic development stable through establishing an oil refinery.

The move comes as it seeks to finance the acquisition of petrochemical giant Sabic.

The oil refinery project will be the biggest Saudi investment in Pakistan.

The two chemical compounds are used largely in the manufacture of synthetic rubber.

Aramco set the butane price at $420 a tone.