Petrochemicals

ADNOC and ADQ form joint venture to catalyse UAE’s chemicals sector

PR 22072020 ADQ 1ADNOC and ADQ have signed a Joint Venture (JV) agreement to create a new investment platform to fund and supervise the development of industrial projects within the Ruwais Derivatives Park

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Saudi Aramco reorganises its downstream operations

dimitry anikin ATyawSn NsE unsplashThe Saudi Arabian Oil Company has announced that its downstream business will be reorganised to support and enhance integration across the value chain of hydrocarbons and better position the company to drive financial performance, value creation and global growth

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Saudi Aramco announces downstream business reorganisation

14002838060 23cdc3cd5b cThe Saudi Arabian Oil Company, Saudi Aramco, has announced the reorganisation of its downstream business to support and enhance integration across the hydrocarbon value chain and better position the company to drive financial performance, value creation and global growth

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INEOS acquires BP’s global aromatics and acetyls business

storage tank cooper river.jpg.img.750.mediumPetrochemical company INEOS has announced its intention to purchase the global Aromatics and Acetyls businesses of BP for a consideration of US$5bn

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Saudi Aramco completes acquisition of 70 per cent stake in SABIC

34489493966 d67a5a8621 cOil company Saudi Aramco has completed the acquisition of a 70 per cent stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund

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