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Aramco, Fujian
Aramco starts work on mega petchem complex in China
Saudi Aramco has started construction of a new integrated refining and petrochemical complex in Fujian Province in China as part of its ambitious liquids-to-chemicals strategy. The complex is being developed with China Petroleum & Chemical Corporation (Sinopec) and Fujian Petrochemical Company Limited (FPCL).
Sinopec, Aramco start building $10 billion petchem complex in China's Fujian
Sinopec Corp and Saudi Aramco have started constructing a refinery and petrochemical complex in southeast China's Fujian province, marking another big investment in the country's recent wave of petrochemicals expansions.
Aramco, Chinese Partners Start Building Fujian Petrochemical Complex
The complex is planned to have a refinery with a capacity of 16 MMtpa, an ethylene unit with a 1.5 MMtpa capacity, a plant to produce two million tons of paraxylene and derivatives, and a 300,000-ton oil terminal.
Aramco, SINOPEC, and Fujian Petrochemical break ground on new refining and petrochemical project in China
Greenfield project is expected to be fully operational by end of 2030 -- Integrated refining and petrochemical project aims to maximize chemical output -- Complex expected to supply around five million tons per year of feedstock to Gulei Petrochemical Base DHAHRAN,
Sinopec, Aramco start building petrochemical complex in China's Fujian
Sinopec Corp said on Monday that the company and Saudi Aramco have started constructing a refinery and petrochemical complex in southeast China's Fujian province. The new venture includes a 16 million metric ton-per-year (tpy),
1h
Bitcoin Topples Saudi Aramco To Become World's 7th Largest Asset By Market Cap
Bitcoin has passed oil behemoth Saudi Aramco to become the world's seventh-largest asset by market capitalization, marking ...
Opinion
13d
Opinion
Saudi Aramco Is Burning Cash – It Needs to Stop
If something cannot go on forever, it will stop. Saudi Aramco, the world’s largest oil company, isn’t an exception — despite ...
13d
Aramco maintains dividend as profits slump, containing state deficit
Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining ...
Upstream
12d
Fresh delays hit Saudi Aramco's $6 billion-plus strategic offshore expansion project
The Zuluf oil incremental project is crucial to Aramco’s ambition to maintain its 12 million bpd production capacity ...
13d
Saudi Aramco Faces $31 Billion Dividend Dilemma as Debt Jumps
Saudi Aramco will have a crucial decision to make early next year: Cut its $31 billion quarterly dividend and risk worsening ...
Inside Bitcoins
4d
Bitcoin Overtakes Saudi Aramco To Become The 7th Largest Asset In The World As BTC ETF Inflows Reach $4.7 Billion In 6 Days
Crypto market leader Bitcoin (BTC) has become the seventh largest asset by market capitalization as US spot Bitcoin ETF ...
Hydrocarbon Processing
20h
Sinopec, Aramco start building $10-B petchem complex in China's Fujian
Sinopec Corp and Saudi Aramco have started constructing a $10-B refinery and petrochemical complex in southeast China's ...
Upstream
4d
US driller still bullish on $2 billion merger even as target endures Saudi Aramco rig suspensions
H&P is still bullish on its own prospects in Saudi Arabia as well. The company has five of its FlexRigs in the country, with ...
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