Saudi Arabian Energy Minister Khalid Al-Falih revealed the plan on Wednesday in Riyadh, adding Saudi Aramco wanted flexibility in funding the Sabic deal, which could cost about $70 billion.
RIDYADH: Saudi Basic Industries Corp, the chemical-maker in which Saudi Aramco holds a majority stake ... The company, known as Sabic, said third-quarter profit was 1.09 billion riyals (US$ ...
RIYADH, March 30 (Xinhua) -- Abdulrahman Al-Fageeh, CEO of Saudi Arabia Basic Industries Corporation (SABIC), one of the world's largest chemical manufacturers, has underscored China's strategic ...
Based on 5-year historical average refining and chemicals margins, expected upside from transformation programs and SABIC synergies. 5. In line with internal analysis ... competition in the industries ...
The Saudi government directly owns 81.5% of Aramco, while its sovereign wealth fund controls an additional 16%. It has long leaned on the group's payouts to invest in myriad sectors as it tries to ...
China's Offshore Oil Engineering Company (COOEC) is set to widen its presence in the Middle East through a strategic collaboration with state giant Saudi Aramco, aimed at setting up an offshore ...
The scope of the liquids-to-chemicals programme may have been trimmed, but the primary target remains intact, with Aramco and Sabic advancing projects to achieve their objectives Subscribe or upgrade ...
NEW DELHI, March 27 (Reuters) - Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks for a stable outlet for its crude in the world's fastest ...
Saudi Aramco Weighs Bid for BP’s Castrol Lubricant Assets Dinesh Nair, Anthony Di Paola, Matthew Martin and Kiel Porter Wed, Mar 5, 2025, 11:49 AM 2 min read ...
had revenues of $436 billion in 2024. Saudi Arabian Oil Company or Aramco (File Photo) DUBAI: Saudi Arabia's state-owned oil giant Aramco reported a $106.25 billion profit in 2024 on Tuesday ...