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
Petrochemicals
Proposed US$44bn Ratnagiri refinery a win-win for India and Aramco, says Wood Mackenzie
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
ADNOC to sell 1.5mn tonnes naphtha per year to Asian companies
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
ADNOC announces strategic move downstream
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
ADNOC to unlock and maximise its value chain
The Abu Dhabi National Oil Company (ADNOC) has announced to use capital to fund an ambitious growth plans and accelerate delivery on the goals of its 2030 strategy, according to Dr Sultan Ahmed Al Jaber, the UAE minister of state and ADNOC Group CEO