Aramco and TotalEnergies have taken the final investment decision for the construction of a US$11bn world scale petrochemical facility in Saudi Arabia
Petrochemicals
Aramco CEO says energy transition cannot happen without materials transition
Aramco president and CEO, Amin H. Nasser, has told a gathering of chemicals industry leaders that the global energy transition will not happen without a corresponding materials transition
SABIC makes plans to convert oil and liquids into petrochemicals
SABIC, a global leader in diversified chemicals, announced its plans to study the establishment of a complex to convert oil and liquids into petrochemicals in Ras Al-Khair
The ecological impacts of ammonia as a shipping fuel
A joint study released by Environmental Defence Fund (EDF), Lloyd’s Register (LR) and Ricardo PLC, observed the potential marine environmental impacts of ammonia spills during its use as a shipping fuel
Aramco sees impressive increase in net income in the second quarter of 2022
The Saudi Arabian Oil Company announced its financial results for the second quarter of 2022, posting a 90% year-on-year increase in net income and declaring a dividend of US$18.8bn to be paid in the third quarter