Petrochemicals
INEOS acquires BP’s global aromatics and acetyls business
- Details
Petrochemical company INEOS has announced its intention to purchase the global Aromatics and Acetyls businesses of BP for a consideration of US$5bn
Saudi Aramco completes acquisition of 70 per cent stake in SABIC
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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
MENA countries score high in G20 low carbon project investment
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According to a research report by Ashurst, G20 investors have shown a growing interest in the Middle East and North African (MENA) countries, especially for renewable energy, energy transition and decarbonisation technologies, contrary to their regional counterparts
McDermott wins technology contract for petrochemical company in Saudi Arabia
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Engineering company McDermott International has won a technology contract by Advanced Global Investment Company, a wholly owned subsidiary of Advanced Petrochemical Co. (APC)
Saudi Aramco, Sabic remain committed to Yanbu chemicals project
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Saudi Aramco and Saudi Basic Industries Corporation (Sabic) are moving ahead with their plans to build a mega-petrochemical complex in Yanbu, said Indrajit Sen, GlobalData’s energy and technology editor
- May heralds even more disruption and uncertainty for petrochemicals
- JXTG to start feasibility study on ENB expansion in Saudi Arabia
- Ashurst advises PIC on major petrochemical joint venture with SKC
- UAE’s Mubadala sells majority stake in Borealis for US$4.68bn
- Saudi Aramco signs 66 MoUs worth US$21bn with local, international partner
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