Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Aramco pumps around 10 million bpd of crude oil.
Read More »JPMorgan. Morgan Stanley to Advise on Aramco`s Sabic Deal
Aramco Looking for SABIC Controlling Stake
Aramco’s initial thinking is to buy the full stake owned by the Public Investment Fund (PIF).
Read More »Saudi Aramco is Looking to Buy a Stake in World`s No. 4 Chemical Firm
Aramco’s push into chemicals also includes a mega project it is building at home with SABIC.
Read More »China`s Shanghai Exchange Launches New Fuel Oil Contract
Sinopec and China National Petroleum Corp (CNPC) among other oil and chemical majors have participated in the trading.
Read More »Sinopec Plans to Cut Saudi Crude Oil Volumes for Second Month in June
Saudi prices set the trend for Iranian. Kuwaiti and Iraqi prices. affecting more than 12 million bpd of oil bound for Asia.
Read More »Aramco. SABIC and `Wood Group` to Develop World’s Largest Crude Oil to Chemicals Project
The project is expected to achieve a direct conversion rate from crude oil to chemicals of almost 50 percent.
Read More »Saudi’s SABIC to Open Office in Iraq
Saudi Arabia and Iraq are respectively the biggest and second biggest producers of OPEC.
Read More »Saudi Aramco. SABIC to Sign MoU on $25 Billion Oil to Chemicals Complex
The two companies had agreed in June 2016 to conduct a feasibility study for the project.
Read More »Saudi Aramco. SABIC Launch Bidding at Key Chemical Project
The project is strategic for Saudi Arabia. which plans to expand further into the petrochemical chain to export more end products and grow beyond oil.
Read More »Shell Wraps Up SADAF Chemicals Sale in Saudi Arabia
Shell’s 50% share in the petrochemicals JV sold to SABIC for $820 million.
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