Related to Financial Performance
Dhahran, Saudi Arabia, June 17, 2020
The completion of the transaction enhances Aramco’s presence in the global petrochemicals industry, a sector expected to record the fastest growth in oil demand in the years ahead.
Shanghai, China, November 07, 2019
Saudi Aramco signed crude oil sales agreements for 2020 with five Chinese customers, increasing total volume by 151,000 barrels per day compared to their 2019 supply contracts. These new sales agreements further solidify the Company’s position as China’s top crude supplier.
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RIYADH, Saudi Arabia, March 27, 2019
Currently, Saudi Aramco and SABIC have petrochemicals production capacity of 17 and 62 million tons per annum respectively.
Beijing, China, February 22, 2019
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.
Beijing, CHINA, February 22, 2019
Saudi Aramco will supply up to 70% of the crude feedstock for the complex, which is expected to start operations in 2024.