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Aramco, Fujian
Aramco starts work on mega petchem complex in China
Saudi Aramco has started construction of a new integrated refining and petrochemical complex in Fujian Province in China as part of its ambitious liquids-to-chemicals strategy. The complex is being developed with China Petroleum & Chemical Corporation (Sinopec) and Fujian Petrochemical Company Limited (FPCL).
Sinopec, Aramco start building $10 billion petchem complex in China's Fujian
The complex, estimated to cost 71.1 billion yuan ($9.82 billion), also marks Saudi Aramco's second major refining and petrochemical joint venture with a Chinese state oil major as the Middle Eastern e
Aramco, Chinese Partners Start Building Fujian Petrochemical Complex
The complex is planned to have a refinery with a capacity of 16 MMtpa, an ethylene unit with a 1.5 MMtpa capacity, a plant to produce two million tons of paraxylene and derivatives, and a 300,000-ton oil terminal.
Aramco, SINOPEC, and Fujian Petrochemical break ground on new refining and petrochemical project in China
Greenfield project is expected to be fully operational by end of 2030 -- Integrated refining and petrochemical project aims to maximize chemical output -- Complex expected to supply around five million tons per year of feedstock to Gulei Petrochemical Base DHAHRAN,
Sinopec, Aramco start building petrochemical complex in China's Fujian
Sinopec Corp said on Monday that the company and Saudi Aramco have started constructing a refinery and petrochemical complex in southeast China's Fujian province. The new venture includes a 16 million metric ton-per-year (tpy),
2h
Bitcoin Topples Saudi Aramco To Become World's 7th Largest Asset By Market Cap
Bitcoin has passed oil behemoth Saudi Aramco to become the world's seventh-largest asset by market capitalization, marking ...
14d
on MSN
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil ...
14d
on MSN
Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of "lower crude oil prices ...
13d
Saudi Aramco Faces $31 Billion Dividend Dilemma as Debt Jumps
Saudi Aramco will have a crucial decision to make early next year: Cut its $31 billion quarterly dividend and risk worsening ...
14d
Saudi Aramco Q3 profit drops 15.4% amid lower oil prices
Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, ...
Upstream
12d
Fresh delays hit Saudi Aramco's $6 billion-plus strategic offshore expansion project
The Zuluf oil incremental project is crucial to Aramco’s ambition to maintain its 12 million bpd production capacity ...
Opinion
13d
Opinion
Saudi Aramco Is Burning Cash – It Needs to Stop
If something cannot go on forever, it will stop. Saudi Aramco, the world’s largest oil company, isn’t an exception — despite ...
Inside Bitcoins
4d
Bitcoin Overtakes Saudi Aramco To Become The 7th Largest Asset In The World As BTC ETF Inflows Reach $4.7 Billion In 6 Days
Crypto market leader Bitcoin (BTC) has become the seventh largest asset by market capitalization as US spot Bitcoin ETF ...
Upstream
14d
Two crucial Saudi Aramco offshore developments on track to add 550,000 bpd production capacity by next year
Aramco needs to continue spending on incremental and expansion projects to maintain its 12 million bpd of production capacity ...
1d
on MSN
Trump spotted sitting with head of Saudi Arabia’s Public Investment Fund at UFC fight
President-elect Trump was seen speaking with the governor of Saudi Arabia's Public Investment Fund, Yasir Al-Rumayyan, during ...
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