The state-owned energy giants signed a deal for the potential expansion of their Yanbu refinery to include petrochemical ...

China Petroleum & Chemical Corporation (Sinopec) and the Saudi Arabian Oil Company (Aramco) have signed a venture framework ...

He added that the Saudi oil giant is looking forward to strengthening its cooperation with Sinopec to establish the Yanbu refinery as a premier integrated refining and petrochemicals enterprise ...

DUBAI, April 9 (Reuters) - Saudi ... crude oil production was used in its downstream operations in 2024, up from 47% the previous year. Other ventures with Sinopec include a refinery and ...

China Petroleum & Chemical Corporation (Sinopec) and the Saudi Arabian Oil Company (Aramco) have signed a venture framework agreement to expand the Yanbu Refinery in Saudi Arabia. The expansion ...

Saudi Arabia is pushing ahead with megaprojects such as The Line in Neom. The kingdom's economy is still heavily dependent on oil revenues, but prices have been sliding. A big decline in oil ...

or Sinopec (SNPMF) said that the company and Saudi Arabian Oil Company or "Aramco" signed a venture framework agreement to advance the Yanbu Refinery Expansion Project. The company noted that the ...

Despite previous setbacks in planned investments Aramco, which was the third-largest crude oil supplier to India in 2024, ...

Crashing oil prices triggered by waning demand, global trade war fears and growing crude supply could more than double Saudi Arabia's budget deficit, a Goldman Sachs economist warned. The bank's ...