Saudi Arabia's ruling family have begun to turn on Mohammed bin Salman after an oil refinery strike last month sparked fears the crown prince cannot defend his kingdom.
Saudi Arabia attempted to move beyond the worst oil disruption in its history, assuring the world that crude exports won’t suffer, its damaged facility has partially restarted and that production capacity will be back to normal within months. The long-awaited update on Tuesday from the kingdom ...
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Oil giant Shell has announced that Saudi Aramco has bought up its 50% interest in the Shell Saudi Arabia (Refining) Limited’s (SASREF) joint venture in Jubail Industrial City. The deal has been agreed for more than £500 million. Shell said the completion of the deal is contingent on “receipt of all necessary regulatory consents”.
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Work continues on Aramco's $20-billion Crude Oil Expansion Programme, which aims at raising Saudi oil production capacity from the current 11.3 million bpd to 12.5 million bpd by 2009. This is the ...
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As state oil giant Saudi Aramco grows less optimistic that there will be a rapid recovery after the strikes that cut the nation’s output by half, investors are seeking clarity on just how bad it could be. Initially, it was said significant volumes could begin to return within days, but Saudi officials later told a foreign diplomat they face ...
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Fire at Valero’s Corpus Christi Refinery in Texas Closes Shipping Channel and Caused Oil Spill A fire that started in a storage tank near a dock at Valero Energy Corporation's refinery in Corpus Christi, Texas, caused a major oil spill, as well as several minor spills.
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Bituminous Manufacturing Company in Jeddah, Saudi Arabia . Red Sea Waterproofing Factory (RSW) we produces all types of products with bituminous base which is widely used for infrastructure projects (Roads, buildings, residential complexes) etc Bituminous Manufacturing Company in Jeddah, Saudi Arabia- RSW Manufactory
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Saudi Aramco’s bankers are seeing sufficient early demand to pull off the state oil giant’s initial public offering (IPO) just three days after launching the deal, reported Bloomberg.. The IPO arrangers are indicating in private discussions that they already have nearly enough orders to cover the institutional portion of the deal.
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Saudi Arabia issued $2.5 billion Sukuk as the world’s biggest oil exporter takes advantage of borrowing costs that are around the lowest in four years, reported Bloomberg.. The Kingdom set initial price guidance for a 10-year Sukuk at between 145 basis points and 150 basis points over the benchmark midswap rate.
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2017-11-20· Saudi state oil giant Aramco has closed its crude oil refinery in Jeddah indefinitely, according to industry sources, just months ahead of the planned part privitasation of the energy giant.. The refinery used to produce 90,000 barrels per day (BPD) together with liquefied petroleum gas, gasoline, diesel, asphalt and jet fuel, and exported naphtha but Aramco had long considered
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2017-11-19· State oil giant Saudi Aramco has shut down its 90,000 barrel per day crude oil refinery in Jeddah indefinitely, industry sources familiar with the matter said on Sunday.
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Saudi oil giant Aramco will be heavily investing in increasing its refining capacity and chemicals business in pursuit of securing more downstream markets for its crude oil, Aramco’s Senior vice
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2025-12-17· Crude oil storage tanks at the Juaymah Tank Farm at Aramco's Ras Tanura oil refinery, costs. July: Aramco says it will buy a controlling stake in the kingdom’s chemical giant Saudi Basic
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History. Saudi Aramco's origins trace to the oil shortages of World War I and the exclusion of American companies from Mesopotamia by the United Kingdom and France under the San Remo Petroleum Agreement of 1920. The US administration at the time had popular support for an "Open Door policy", which Herbert Hoover, secretary of commerce, initiated in 1921.
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2015-06-23· State oil giant Saudi Aramco is considering whether to close its 90,000 barrel per day crude oil refinery in Jeddah after several years because of age and environmental concerns, according to a report from Reuters.. The refinery as originally opened in 1967, and produces a number of products, including gas, gasoline and diesel.
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Saudi Aramco breaking records to supply 15 tankers with over 18.8 million barrels of oil. Reliability goes beyond performance indicators. It is a culture that ensures a sustainable delivery of energy to the world. We are proud to have loaded 15 oil tankers with 18.8 million barrels.
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2017-11-19· Saudi Aramco has shut down its 80,000 barrel per day crude oil refinery in Jeddah indefinitely, converting the complex into a hub for oil products distribution, it said on Sunday.
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Motiva Enterprise, Aramco’s refinery business in the United States, signed an agreement to buy another US asset, the Flint Hills Resources Chemical Plant, for an undisclosed sum.
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News Saudi Aramco profits plunge 21% months after IPO. The state-run oil giant posted a full-year profit of $88.12 billion due to lower crude oil prices and production volumes.
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2025-11-03· Saudi oil giant Aramco gets go-ahead for $1.5tn stock listing This article is more than 4 months old World’s biggest ever IPO poised to take place next month after regulators give approval
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2025-09-17· Saudi oil production will be fully back online by the end of September, the kingdom's energy minister told the media on Tuesday. State oil giant Saudi Aramco's public stock offering is
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Saudi Arabian Oil Co., doing business as Saudi Aramco, operates as an oil exploration company. The Company focuses on hydrocarbons exploration, production, refining, distribution, and shipping, as
Get Price2015-06-22· Saudi Aramco May Shut Jeddah Refinery Oil and Gas News on Oil and Gas People the recruitment solution for oil and gas jobs search thousands of Oil & Gas jobs covering all oil careers and gas employment. We also provide a rapid and cost effective service to employers in the gas and oil
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2025-03-24· Saudi Arabia pushes for at least $70 oil prices to meet budget "The Saudis want oil at $70 at least and are not worried about too much shale oil," said one industry source familiar with Saudi oil
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Saudi Aramco shuts Jeddah refinery indefinitely. State oil giant Saudi Aramco has shut down its 90,000 barrel per day crude oil refinery in Jeddah indefinitely, industry sources familiar with the
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Saudi Arabia is a country on the go. Every day, we supply high-quality fuels to the local market for auto, home, and business. Our network of domestic refineries and distribution centers uniquely positions us to create more value for our company and our customers through greater operational efficiencies and the introduction of new revenue-generating product lines.
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2020-03-15· Saudi Aramco is cutting planned spending this year, in the first sign that the oil-price war the kingdom unleashed is hitting home. Capital expenditure will be between $25 billion and $30 billion in 2020 and the spending plans for next year and beyond are being reviewed, Aramco said.
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A Saudi Aramco employee sits in the area of its stand at the Middle East Petrotech 2016, an exhibition and conference for the refining and petrochemical industries, in Manama, Bahrain, September
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State oil giant Saudi Aramco has shut down its 90,000 barrel per day crude oil refinery in Jeddah indefinitely, industry sources familiar with the matter said on Sunday.
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The installation may be around for a few more years as a new refinery is being built in Jizan for the Western Region July 2015. State oil giant Saudi Aramco is considering whether to close its 90,000 barrel per day crude oil refinery in Jeddah after several years because of age and environmental concerns, Reuters quoting industry sources said.
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Saudi Aramco has considered proposals to close or relocate both the refinery and the lube oil plant. Saudi Aramco Mobil Refinery (Samref): A 50-50 JV with ExxonMobil, Samref is an export refinery with a capacity of 400,000 b/d located at Yanbu'. It produces top quality gasoil/diesel and other premium fuels. Its original design capacity was
Get Price2020-03-19· Oil giant Saudi Aramco will proceed with the reduction of its refinery rates in Saudi Arabia in April and May in order to free up more crude oil for exports, an official at the company told
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2015-06-22· Saudi Aramco is considering postponing the closure of its Jeddah refinery until 2025, according to news agency, Reuters. The Saudi Arabian oil giant’s original plans involved shutting down the 90,000 barrels-per-day (bpd) facility due to its age and environmental impact.
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2025-09-14· After an alleged drone attack struck a giant refinery and one of its major oil fields, Saudi Arabia’s Interior Ministry announced on Saturday that the government would shut-in half of its
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2025-04-03· Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia. The oil giant is set to borrow up to US$15 billion through a bond sale, in what could signal a
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2025-10-11· Saudi Aramco, the world’s largest oil producer that Hong Kong has been trying to lure to list its shares in the city, is pursuing deeper diversification into natural gas, oil refining and
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