ADNOC to invest US$45bn over five years in downstream bet

8Abu Dhabi National Oil Company (ADNOC) said it would invest US$45bn over the next five years to boost the company's downstream portfolio, giving it a chance to cash in on the growing demand for petrochemical products

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KBR gets engineering contract for Aramco, SABIC’s oil-to-chemicals project

AramcoCoreAreaState-owned Saudi Aramco and Saudi Basic Industries Corp (SABIC) awarded KBR an engineering contract for their joint crude oil to chemicals project worth over US$20bn

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Proposed US$44bn Ratnagiri refinery a win-win for India and Aramco, says Wood Mackenzie

MoUEnergy consultancy Wood Mackenzie said Saudi Aramco's MoU to build the Ratnagiri refinery and petrochemicals complex would be a win-win for the state oil-giant and India

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ADNOC to sell 1.5mn tonnes naphtha per year to Asian companies

ADNOC PPThe Abu Dhabi National Oil Company (ADNOC) said it would sell up to 1.5mn tonnes naphtha per year to Japan's Idemitsu Kosan Co and Thailand's SCG Chemicals in an effort to grow its Asian markets

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ADNOC announces strategic move downstream

ADNOC DownstreamThe Abu Dhabi National Oil Company (ADNOC) has announced to move further downstream, as it aims to take advantage of the rising demand for higher value refined and petrochemical products, particularly in China and Asia

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