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  • NEWS (103)
  • PUBLICATION (84)

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Showing 103 results

Related to Downstream

King Salman celebrates sustainability through King Khalid Award

NEWS

RIYADH, November 13, 2019

Under the patronage of the Custodian of The Two Holy Mosques, King Salman ibn ‘Abd Al-‘Aziz Al Sa’ud, Saudi Aramco has been awarded the King Khalid Award 2019 for Corporate Sustainability...

  • Business Sustainability,
  • Downstream,
  • Performance,
  • Refining,
  • Wholly Owned Refineries,
  • Yanbu’ Refinery

544 tons naphtha splitter successfully relocated to Ras Tanura

NEWS

RAS TANURA, October 21, 2019

Clean fuel project of the refinery placing its heaviest and largest piece of equipment.

  • Commercial Ecosystem,
  • Downstream,
  • iktva,
  • Naphtha,
  • Performance,
  • Ras Tanura Refinery,
  • Refined Products,
  • Refining,
  • Supply Chain,
  • Wholly Owned Refineries

Tackling corrosion: A $2.5 trillion problem globally

NEWS

DAMMAM, October 14, 2019

Internal corrosion in pipelines is one of the most significant challenges facing Aramco on a daily basis.

  • Distribution Network,
  • Downstream,
  • Pipelines

Saudi Aramco acquires Shell’s share of the SASREF refining joint venture

NEWS

DHAHRAN, Saudi Arabia and THE HAGUE, The Netherlands, September 18, 2019

Acquisition of Shell 50% interest of the SASREF joint venture in Jubail for $631 million.

  • Downstream,
  • Financial Performance,
  • Performance,
  • Profitable Growth,
  • SASREF,
  • Ventures

New Aramco Singapore office marks regional downstream expansion and integration

NEWS

SINGAPORE, September 09, 2019

Houses three business entities under one roof: Aramco Asia-Singapore, Aramco Trading Singapore, and S-OIL Singapore

  • Aramco Asia Company,
  • Crude Sales,
  • Downstream,
  • Sales and Marketing

Saudi Aramco expands downstream investment in China Zhejiang Free Trade Zone

NEWS

DHAHRAN, September 05, 2019

MoU reflects Saudi Aramco’s strategy to expand its presence in the Chinese energy sector.

  • Downstream

Saudi Aramco advances global chemicals strategy with S-Oil expansion project in Ulsan, South Korea

NEWS

SEOUL, South Korea, June 26, 2019

Relationship between Saudi Aramco and S-Oil grows stronger with the inauguration of the new complex in South Korea.

  • Aramco Asia Company,
  • Chemicals,
  • Crude Sales,
  • Downstream,
  • Refining,
  • Sales and Marketing

Saudi Aramco signs 12 agreements with South Korean partners worth billions of dollars

NEWS

SEOUL, South Korea, June 26, 2019

Agreements demonstrate Saudi Aramco‘s commitment to South Korea‘s energy security and development, cover ship building, engine manufacturing, refining, petrochmicals, as well as crude supply, sales, and storage.

  • Aramco Asia Company,
  • Chemicals,
  • Crude Sales,
  • Downstream,
  • Financial Performance,
  • Performance,
  • Refining,
  • Sales and Marketing

Saudi Aramco and Air Products inaugurate Saudi Arabia’s first hydrogen fueling station

NEWS

DHAHRAN, June 18, 2019

Hydrogen fueling station is the first step in developing oil-based hydrogen transport within the Kingdom.

  • Downstream,
  • Fuels,
  • Refined Products,
  • Refining

Aramco Trading Company opens Fujairah office in UAE

NEWS

FUJAIRAH, June 16, 2019

Aramco Trading Co., which expects to see its oil trading volume rise to 6 million barrels per day (bpd) by next year, has opened its second international office in Fujairah.

  • Aramco Trading Company,
  • Downstream,
  • Refined Products Sales,
  • Sales and Marketing

Saudi Aramco to acquire Shell’s share of the SASREF refining joint venture

NEWS

DHAHRAN, April 21, 2019

The acquisition supports Saudi Aramco’s plan to increase the complexity and capacity of its refineries, as part of its long-term Downstream growth strategy.

  • Downstream,
  • Financial Performance,
  • Investment,
  • Performance,
  • Profitable Growth,
  • SASREF,
  • Ventures

Saudi Aramco to acquire stake in South Korean Hyundai Oilbank

NEWS

DHAHRAN/ SEOUL, SOUTH KOREA, April 15, 2019

The investment supports Saudi Aramco’s broader downstream growth strategy, as well as providing long term crude oil options and offtakes as part of our trading business.

  • Downstream,
  • Financial Performance,
  • Investment,
  • Performance,
  • Profitable Growth,
  • Refining
Aramco & PKN Orlen signing ceremony group picture

Aramco Trading expands collaborations in key European markets by signing Supply Agreement with “PKN Orlen”, Poland’s leading oil refiner

NEWS

DHAHRAN, April 11, 2019

Agreement highlights Saudi Aramco’s commitment to the Polish market and its strategy to enhance the integration of its downstream network in Europe.

  • Downstream,
  • Refining
Saudi Aramco signs share purchase agreement to acquire 70% majority stake in SABIC

Saudi Aramco signs share purchase agreement to acquire 70% majority stake in SABIC from the Public Investment Fund of Saudi Arabia

NEWS

RIYADH, March 27, 2019

Currently, Saudi Aramco and SABIC have petrochemicals production capacity of 17 and 62 million tons per annum respectively.

  • Chemicals,
  • Downstream,
  • Financial Performance,
  • Investment,
  • Performance,
  • Profitable Growth
CEO Amin Nasser speaking at IPTC 2019 in Beijing_March 26,  2019

Saudi Aramco CEO addresses International Petroleum Technology Conference in Beijing, says technology and partnerships are critical for an efficient energy transition

NEWS

BEIJING, China, March 26, 2019

CEO Amin Nasser: Technological breakthroughs are helping the world satisfy its growing demand for energy.

  • Chemicals,
  • Downstream,
  • Energy Efficiency,
  • Operational Performance,
  • Performance

11th International Petroleum Technology Conference (IPTC) CEO Plenary Remarks by Amin H. Nasser

NEWS

BEIJING, China, March 26, 2019

CEO Plenary Remarks by Amin H. Nasser Saudi Aramco President & CEO

  • Chemicals,
  • Downstream,
  • Energy,
  • Energy Efficiency,
  • Gas,
  • Oil,
  • Oil & Gas Processing,
  • Operational Performance,
  • Performance,
  • Upstream

CEO Remarks Huajin Aramco Petrochemical Joint Venture

NEWS

PANJIN , China, March 23, 2019

Remarks by Amin H. Nasser, Saudi Aramco President and CEO

  • Business Sustainability,
  • Downstream,
  • Energy,
  • Our People,
  • Performance

First specialty oil field chemicals manufacturing reaction plant in Saudi Arabia

NEWS

JUBAIL, February 28, 2019

New facility expected to be operational by the end of 2020, will initially create approximately 100 jobs.

  • Chemicals,
  • Downstream,
  • Ethylene,
  • Propylene,
  • SADARA,
  • Ventures
Saudi Aramco President and CEO, Amin Nasser, with the Chairman of Juhua, Hu Zhongming (far left); the Chairman of Rongsheng, Li Shuirong (second to the left) and the Chairman of TongKun, Chen Shiliang (right).

Saudi Aramco signs agreements to acquire stake in Zhejiang Integrated Refining & Petrochemical Complex

NEWS

BEIJING, China, February 22, 2019

Third MoU with Zhejiang Energy aimed at exploring potential investment in retail network in Eastern Region of China, in addition to other related downstream investments

  • Chemicals,
  • Downstream,
  • Financial Performance,
  • Investment,
  • Performance,
  • Profitable Growth,
  • Refining
President & CEO of Saudi Aramco, Amin Nasser (center) with Chairman of NORINCO Group, Jiao Kaihe (left) and Governor of Liaoning Province Tang Yijun (right) in Beijing, China

Saudi Aramco signs agreement to form largest Sino-Foreign Joint Venture with NORINCO and Panjin Sincen in China

NEWS

BEIJING, China, February 22, 2019

Saudi Aramco will supply up to 70% of the crude feedstock for the complex, which is expected to start operations in 2024.

  • Chemicals,
  • Downstream,
  • Refining

Saudi Aramco and Total invest in high-quality retail fuel network in Saudi Arabia

NEWS

DHAHRAN/ PARIS, France, February 14, 2019

New joint venture plans to invest around $1 billion in the Saudi retail fuel market to provide motorists with premium fuels and retail services.

  • Downstream,
  • Financial Performance,
  • Fuels,
  • Investment,
  • Performance,
  • Profitable Growth,
  • Refined Products,
  • Refining

Saudi Aramco and Total announce an agreement with Daelim to build a new Polyisobutylene facility

NEWS

DHAHRAN, January 31, 2019

Under the MoU, Daelim is planning to build a new 80,000 tons state-of-the-art Polyisobutylene (PIB) plant, which is expected to come on-stream in 2024.

  • Chemicals,
  • Downstream

Leveraging our brand: Aramco service stations coming to the Kingdom

NEWS

DHAHRAN, January 09, 2019

With a wholly owned subsidiary established to cater to fuel retailing, Saudi Aramco will be creating a sustainable and profitable business model for integrating across the hydrocarbon value chain.

  • Downstream,
  • Fuels,
  • Refined Products,
  • Refining

Saudi Aramco continues to be recognized for its business and operational excellence with top accolades

NEWS

DHAHRAN, January 07, 2019

Winning the golden category of the King Abdulaziz Quality Award is testimony of the relentless efforts undertaken by Yanbu NGL Fractionation Department’s employees and management in improving the NGL fractionation systems.

  • Downstream,
  • Gas Fractionation,
  • NGL,
  • NGL Fractionation Plants,
  • Yanbu

Saudi Aramco Completes Acquisition of Remaining 50 Percent Stake in ARLANXEO Joint Venture from LANXESS, Becoming Full Owner

NEWS

AMSTERDAM, NETHERLANDS, December 31, 2018

Saudi Aramco, a world-leading integrated energy and chemicals company; and LANXESS AG, a leading German specialty chemicals company, announced today the completion of Saudi Aramco’s acquisition of LANXESS‘s interest in ARLANXEO Holding B.V.

  • ARLANXEO,
  • Chemicals,
  • Downstream,
  • Financial Performance,
  • Investment,
  • Performance,
  • Profitable Growth,
  • Ventures
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