News Archive

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

RIYADH, November 13, 2019

Under the patronage of the Custodian of The Two Holy Mosques, King Salman ibn ‘Abd Al-‘Aziz Al Sa’ud, Saudi Aramco has been awarded the King Khalid Award 2019 for Corporate Sustainability...

• Business Sustainability,
• Downstream,
• Performance,
• Refining,
• Wholly Owned Refineries,
• Yanbu’ Refinery

RAS TANURA, October 21, 2019

Clean fuel project of the refinery placing its heaviest and largest piece of equipment.

• Commercial Ecosystem,
• Downstream,
• iktva,
• Naphtha,
• Performance,
• Ras Tanura Refinery,
• Refined Products,
• Refining,
• Supply Chain,
• Wholly Owned Refineries

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

DHAHRAN, June 18, 2019

Hydrogen fueling station is the first step in developing oil-based hydrogen transport within the Kingdom.

• Downstream,
• Fuels,
• Refined Products,
• Refining

DHAHRAN/ SEOUL, SOUTH KOREA, April 15, 2019

The investment supports Saudi Aramco’s broader downstream growth strategy, as well as providing long term crude oil options and offtakes as part of our trading business.

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

DHAHRAN, April 11, 2019

Agreement highlights Saudi Aramco’s commitment to the Polish market and its strategy to enhance the integration of its downstream network in Europe.

• Downstream,
• Refining

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

BEIJING, China, February 22, 2019

Saudi Aramco will supply up to 70% of the crude feedstock for the complex, which is expected to start operations in 2024.

• Chemicals,
• Downstream,
• Refining