The company is reportedly close to finalising what stake Aramco will take in the Indian company’s downstream arm
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Posted inProducts & Services
Saudi Aramco’s crude oil-to-chemicals technology: The next revolution for oil and gas?
SABIC and Saudi Aramco are venturing in a crude oil to chemicals (COTC) complex in Yanbu, which is expected to have a direct conversion rate from crude oil to chemicals of around 50%
Posted inDRILLING & PRODUCTION
Crude-to-chemicals technology could double profit per barrel: IHS Markit
This technology offers path to greater refining profitability by more directly converting crude to higher value chemicals; Saudi Aramco/SABIC scale could disrupt global chemical markets
Posted inExploration
Inside Saudi Aramco: How the oil titan is transforming to thrive in an economically diverse Saudi Arabia
How the world’s most profitable company aims to open up and transform as Saudi Arabia pursues economic diversification in a lower-oil price environment, with a lower-carbon future looming ahead
Posted inDRILLING & PRODUCTION
Saudi Aramco to access equity markets “sooner than you think”: Al-Falih
A $12bn bond was recently issued to raise money for Aramco’s $69.1bn acquisition of a 70% stake of SABIC
Posted inDRILLING & PRODUCTION
Saudi Aramco eyeing gas joint ventures, sells first LNG cargo
CEO Amin Nasser said the company was in discussions for potential gas joint ventures
Posted inProducts & Services
Saudi Aramco to acquire Shell’s $631mn share of SASREF refining joint venture
This is part of its long-term downstream growrth strategy, which recently saw it agree to purchase 70% of Saudi chemicals giant SABIC
Posted inDRILLING & PRODUCTION
Saudi Aramco’s $10bn bond sale will close on Wednesday
Investor demand is over $30bn, and the bond sale will help Aramco finance its SABIC acquisition
Posted inPeople
Power List 2019 top five: The most influential people in the regional oil and gas industry
The top 5 of our Power 50 2019 have shown their influence and impacted the regional oil and gas industry this year.
Posted inPower List
Amin Nasser
It’s not easy being big, and in the oil and gas industry, it doesn’t get much bigger than Saudi Aramco. It is impossible to discount Saudi Aramco’s central position in the global energy landscape. It is the world’s largest oil producer. But this year has shown that growth and strength in the market rely upon […]