Petrochemicals
ADNOC and ADQ form joint venture to catalyse UAE’s chemicals sector
ADNOC 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
The 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
The 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
Petrochemical 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
Oil 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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