Aramco invests in Shandong oil production and supply assets
Saudi Aramco is planning to acquire of 10% stake of China’s Shandong Yulong Petrochemical for oil products purchase and supply cooperation.
Source: seatrade-maritime.com
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Aramco to buy 10% stake in China's Shandong Yulong Petrochemical
Saudi Arabia’s state-owned Aramco is set to purchase a minor stake in Chinese oil and natural gas company Shandong Yulong Petrochemical.
Source: nsenergybusiness.com
Saudi Arabian Oil : Aramco assesses possible investment in Shandong Yulong Petrochemical -October 11, 2023 at 08:45 am EDT
Company discusses possible acquisition of 10% stake in Shandong Yulong Potential deal would advance Aramco's global Downstream expansion ...
Source: marketscreener.com
Saudi Aramco Assesses Possible Investment in Shandong Yulong Petrochemical
Aramco, one of the world’s leading integrated energy and chemical companies, Nanshan Group Co., Ltd., Shandong Energy Group Co., Ltd., and Shandong Yulong Petrochemical Co., Ltd. signed on Wednesday a Memorandum of Understanding (MoU) to facilitate discussions relating to the possible acquisition by Aramco of a 10% strategic equity interest in Shandong Yulong Petrochemical Co., Ltd. (Shandong Yulong), subject to due diligence, negotiation of transaction documents and required regulatory clearance.
Source: aawsat.com
Qingdao ship dispute resolved in orderly fashion: Court
After a foreign ship accidentally entered a maritime culture zone in Yantai, Shandong province, last month, the local court promptly fulfilled its legal duties and protected the rights of both parties involved.
Source: chinadaily.com.cn