News & media
Saudi Aramco signs agreement to form largest Sino-Foreign Joint Venture with NORINCO and Panjin Sincen in China
Saudi Aramco will supply up to 70% of the crude feedstock for the complex, which is expected to start operations in 2024.
Saudi Aramco signs agreements to acquire stake in Zhejiang Integrated Refining & Petrochemical Complex
Third MoU with Zhejiang Energy aimed at exploring potential investment in retail network in Eastern Region of China, in addition to other related downstream investments.
DHAHRAN, Saudi Arabia
In one of the most comprehensive oil field carbon intensity (CI) studies ever published, a global team led by Stanford University has calculated the CI of the world’s active oil fields — with significant results for Saudi Arabia.
On Jan. 17, the first cargo of the high-density polyethylene unified bag design from FREP was delivered to an end user in Jinjiang, Fujian Province, China. This represents a major milestone toward promoting Aramco Chemicals products’ global branding, and giving Aramco Chemicals bags a unique visual identity.
DUBAI, United Arab Emirates
Saudi Aramco downstream strategy to combine organic growth with strategic acquisitions, Saudi Aramco CEO Amin Nasser says at GPCA Forum 2018
Aramco are expanding chemical business both in Saudi Arabia and in fast-growing markets like China and India.
This cooperation aims to develop ultra-low emission fuel and engine technologies that would meet the most stringent future emission regulations.
Saudi Aramco expands presence in China refining market with signing of MOU with Zhejiang Petrochemical
Saudi Aramco recently signed an MoU with Chinese Zhejiang provincial government during the 2nd International Petroleum and Natural Gas Enterprises Conference (IPEC), to acquire a share of Zhejiang Petrochemical’s new refinery project.
From its first crude oil cargo delivery to China 27 years ago, Saudi Aramco has provided the energy that has powered China’s rapid and intense modernization. It’s a relationship that has benefited both countries, through two very complementary development strategies.
MoU intended to explore added value opportunities for joint research in the field of research and technology, education, social outreach, and community service.