INSANE: 11 - The Real Truth

Saudi Arabia Plans Exploitation of One of Largest Gas Fields in the World

Saudi Aramco is intending to fund the development of the Jafurah gas field, one of the largest in the world, at a cost of $110 billion. Planned to start production in 2025, the field is expected to have approximately two billion standard cubic feet per day of sales by 2030,…

Asharq Al-Awsat · Dec 14, 2022

Saudi Arabia, China Forge Giant Partnerships in Energy, Chemicals and Construction

With the conclusion of Chinese President Xi Jinping’s official visit to Saudi Arabia, major Saudi companies working in the field of energy, chemicals and construction announced giant partnerships with China. - Refining and petrochemicals Saudi Aramco, one of the world’s largest integrated companies in the field of energy and chemicals,…

Asharq Al-Awsat · Dec 10, 2022

Aramco, Shandong Energy Collaborate on Downstream Projects in China

Saudi Aramco and Shandong Energy Group are exploring collaboration on integrated refining and petrochemical opportunities in China, the Saudi Arabian Oil Company said in a statement on Friday. The companies have signed a Memorandum of Understanding (MoU) which includes a potential crude oil supply agreement and chemicals products offtake agreement,…

Asharq Al-Awsat · Dec 9, 2022

Saudi's SABIC Signs Agreement to Study Feasibility of Investing in Polish Petrochemical Sector

Saudi petrochemical company SABIC has signed a joint development agreement with Saudi Aramco and PKN ORLEN, the largest energy group in Poland, to jointly assess the technical and economic feasibility of establishing a petrochemical production project in Gdańsk, Poland. Acting CEO of SABIC Eng.

Asharq Al-Awsat · Dec 1, 2022

Aramco Completes Three Transactions with PKN ORLEN in Poland

Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, successfully closed three landmark transactions with Polish refiner and fuel retailer PKN ORLEN, through its subsidiary Aramco Overseas Company BV, based in the Netherlands.

Asharq Al-Awsat · Nov 30, 2022

Saudi Aramco's Luberef Set for IPO

Saudi Al-Ahli Tadawul announced a potential initial public offering (IPO) for one of Saudi Aramco's subsidiaries. Ahli Capital announced its capacity as the underwriting manager, financial advisor, institutional underwriting book manager, international coordinator, and underwriter of Citigroup Saudi Arabia, HSBC Saudi Arabia, and Morgan Stanley Saudi Arabia as the financial…

Asharq Al-Awsat · Nov 28, 2022

Saudi Arabia's new "green" agenda

The petrostate pitched a plan to cut carbon at COP27. And it’s covered in oil.

Salon · Nov 25, 2022

Aramco Signs 59 New Agreements under the Iktva Program

Saudi Aramco signed on Tuesday 59 corporate procurement agreements (CPAs) with 51 local and global manufacturers, with potential to create 5,000 new jobs in Saudi Arabia over the next decade.

Asharq Al-Awsat · Nov 22, 2022

England 'allowed to boycott' controversial Saudi sponsor Aramco at women's T20 World Cup

England players have reportedly expressed reservations over the ICC's sponsorship deal with Saudi Arabian oil company Aramco, who sponsor all major ICC events

Daily Mirror · Nov 21, 2022

‘False solutions’: scepticism over Saudi carbon capture plan

Kingdom’s Cop27 announcement of new storage hub part of pattern of delaying fossil fuel transition, experts say

The Guardian - UK · Nov 19, 2022