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Related to Downstream
DHAHRAN, December 17, 2019
Completion of acquisition of 17% of Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately US$1.2 Billion.
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...
RAS TANURA, October 21, 2019
Clean fuel project of the refinery placing its heaviest and largest piece of equipment.
DAMMAM, October 14, 2019
Internal corrosion in pipelines is one of the most significant challenges facing Aramco on a daily basis.
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.
SINGAPORE, September 09, 2019
Houses three business entities under one roof: Aramco Asia-Singapore, Aramco Trading Singapore, and S-OIL Singapore
DHAHRAN, September 05, 2019
MoU reflects Saudi Aramco’s strategy to expand its presence in the Chinese energy sector.
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.
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.
DHAHRAN, June 18, 2019
Hydrogen fueling station is the first step in developing oil-based hydrogen transport within the Kingdom.
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.
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.
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.
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.
RIYADH, March 27, 2019
Currently, Saudi Aramco and SABIC have petrochemicals production capacity of 17 and 62 million tons per annum respectively.
BEIJING, China, March 26, 2019
CEO Amin Nasser: Technological breakthroughs are helping the world satisfy its growing demand for energy.
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
PANJIN , China, March 23, 2019
Remarks by Amin H. Nasser, Saudi Aramco President and CEO
JUBAIL, February 28, 2019
New facility expected to be operational by the end of 2020, will initially create approximately 100 jobs.
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
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.
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.
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.
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.
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.