Oil giant Saudi Aramco announced its commodities trading arm, Aramco Trading Co (ATC), has fully acquired US refiner Motiva Trading and launched Aramco Trading Americas LLC (ATA) as a wholly-owned subsidiary based in Houston, Texas. “ATA will be ATC’s regional office, expanding its trading business in North and South America to capture new opportunities and […]
motiva
Posted inDRILLING & PRODUCTION
Saudi Aramco makes short-term output cuts, plans long-term global growth
Even as it reins in its production following the December 2018 OPEC+ decision to cut output, Saudi Arabia is looking to expand its exploration and production globally
Posted inDRILLING & PRODUCTION
Saudi Aramco reportedly considering multi-billion dollar US gas acquisitions
Saudi Aramco CEO Amin Nasser told Reuters the company was willing to spend “billions of dollars” to acquire natural gas assets in the US