News Archive

DHAHRAN, June 17, 2020

The completion of the transaction enhances Aramco’s presence in the global petrochemicals industry, a sector expected to record the fastest growth in oil demand in the years ahead.

• Chemicals,
• Downstream,
• Financial Performance,
• Performance

May 14, 2020

Under the MoU, JXTG plans to invest in a 23,000 tons per year state-of-the-art ENB plant, that will use feedstock from the Amiral complex in Jubail, located on Saudi Arabia’s eastern coast. JXTG has launched the feasibility study of the ENB plant in April 2020.

• Chemicals,
• Chemicals Technology,
• Downstream,
• Downstream Technology,
• Financial Performance,
• Performance,
• Profitable Growth,
• Synthetic Rubbers and Elastomers,
• Technology

DHAHRAN, December 17, 2019

Completion of acquisition of 17% of Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately US$1.2 Billion.

• Chemicals,
• Downstream,
• Financial Performance,
• Performance,
• Refining

SEOUL, South Korea, June 26, 2019

Relationship between Saudi Aramco and S-Oil grows stronger with the inauguration of the new complex in South Korea.

• Aramco Asia Company,
• Chemicals,
• Crude Sales,
• Downstream,
• Refining,
• Sales and Marketing

SEOUL, South Korea, June 26, 2019

Agreements demonstrate Saudi Aramco‘s commitment to South Korea‘s energy security and development, cover ship building, engine manufacturing, refining, petrochmicals, as well as crude supply, sales, and storage.

• Aramco Asia Company,
• Chemicals,
• Crude Sales,
• Downstream,
• Financial Performance,
• Performance,
• Refining,
• Sales and Marketing

RIYADH, March 27, 2019

Currently, Saudi Aramco and SABIC have petrochemicals production capacity of 17 and 62 million tons per annum respectively.

• Chemicals,
• Downstream,
• Financial Performance,
• Investment,
• Performance,
• Profitable Growth

BEIJING, China, March 26, 2019

CEO Amin Nasser: Technological breakthroughs are helping the world satisfy its growing demand for energy.

• Chemicals,
• Downstream,
• Energy Efficiency,
• Operational Performance,
• Performance

BEIJING, China, March 26, 2019

CEO Plenary Remarks by Amin H. Nasser Saudi Aramco President & CEO

• Chemicals,
• Downstream,
• Energy,
• Energy Efficiency,
• Gas,
• Oil,
• Oil & Gas Processing,
• Operational Performance,
• Performance,
• Upstream

JUBAIL, February 28, 2019

New facility expected to be operational by the end of 2020, will initially create approximately 100 jobs.

• Chemicals,
• Downstream,
• Ethylene,
• Propylene,
• SADARA,
• Ventures

BEIJING, China, February 22, 2019

Third MoU with Zhejiang Energy aimed at exploring potential investment in retail network in Eastern Region of China, in addition to other related downstream investments

• Chemicals,
• Downstream,
• Financial Performance,
• Investment,
• Performance,
• Profitable Growth,
• Refining