Abu Dhabi National Oil Company (ADNOC) said it would invest US$45bn over the next five years to boost the companys downstream portfolio, giving it a chance to cash in on the growing demand for petrochemical products
State-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
Energy consultancy Wood Mackenzie said Saudi Aramcos MoU to build the Ratnagiri refinery and petrochemicals complex would be a win-win for the state oil-giant and India
The Abu Dhabi National Oil Company (ADNOC) said it would sell up to 1.5mn tonnes naphtha per year to Japans Idemitsu Kosan Co and Thailands SCG Chemicals in an effort to grow its Asian markets
The 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
