Downstream Mohammed News Today

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

RIYADH: Global energy giant Saudi Arabian Oil Co. has further expanded its presence in China by acquiring a 10 percent stake in Shenzhen-listed Rongsheng Petrochemical Co. for $3.6 billion. According to a press release, Aramco will supply 480,000 barrels per day of Arabian crude oil to Rongsheng affiliate Zhejiang Petroleum and Chemical Co. under a long-term sales agreement.

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

Saudi Aramco plans a $7-billion investment at a South Korean affiliate's factory in the port city of Ulsan to turn out more high-value petrochemical products, the company said on Thursday.

G20 members and global energy companies have jointly committed to be part of the solution to the global energy crisis, which is affecting millions of people worldwide — and which forms the backdrop to the G20 Summit in Bali.

RIYADH: Oil giant Saudi Aramco used the gathering of business leaders ahead of the Group of Twenty summit of world leaders to sign an agreement with Indonesia’s energy firm Pertamina to explore collaboration across the hydrogen and ammonia value chain. The memorandum of understanding was inked on the sidelines of the so-called B20 summit in Bali, Indonesia, as both Saudi

In a statement published by the Ministry of Foreign Affairs, the Kingdom offered its deepest condolences and sincere sympathy to the government and people of Egypt, and wished the injuries a speedy recovery.

Aramco, Sinopec strengthen ties with potential downstream collaboration in China