Saudi Arabian Oil Company ("Saudi Aramco") through its wholly owned Saudi Refining Inc. ("SRI") subsidiary and Royal Dutch Shell plc ("Shell"), through its U.S. downstream affiliate, announce today they have signed a non-binding Letter of ...
Tags: Saudi Aramco, SRI, Motiva
Tokyo-based Showa Shell Sekiyu, along with its subsidiary Solar Frontier – the largest manufacturer of CIS (copper indium selenium) thin-film photovoltaic (PV) solar modules – have signed a memorandum of understanding (MoU) with ...
Tags: Solar Frontier, CIS, thin-film PV modules
Indonesia's state-owned oil and gas company Pertamina has signed a heads of agreement for a $5.5 billion upgrade of the Cilacap refinery with Saudi Aramco, president director Dwi Soetjipto said in a statement Thursday. The project is ...
Tags: crude distillation, refinery, sour crude
Chinese officials are expected to release the implementation plan for the "One Belt and One Road" initiative when the 2015 Boao Forum for Asia opens later this week in southern China. The China-proposed initiative is expected to present a ...
Tags: "One Belt and One Road", worldwide economy, Boao Forum
China this week issued the first round of oil product export quotas for 2015, with volumes totaling 9.75 million mt, industry sources said Wednesday, January 14. This is significantly more than the roughly 8 million mt of quotas that were ...
Tags: Oil Export, Crude Oil
Speakers at the 9th Annual Forum of the Gulf Petrochemicals and Chemicals Association (GPCA) stressed on the fact that the Gulf Cooperation Council (GCC) petrochemicals sector has to leverage opportunities in order to overcome challenges ...
Iran is loading eight LPG cargoes totaling 317,000 mt in May for export to Asia, the biggest monthly volume since resuming shipments in May 2013 following an eight-month halt on concerns over an EU ban on shipping insurance, shipping and ...
Saudi Arabia's Rabigh Refining and Petrochemical Company or Petro Rabigh's second phase expansion project has turned it into one of the strongest "volume growth stories" in the country's chemical industry, UK-based bank HSBC said in a ...
Tags: Petrochemical, Sumitomo Chemical
Spot LPG prices in South and East China were under pressure this week, amid expectations of import costs for March-arrival cargoes falling with Saudi Aramco setting Contract Prices lower, local traders said Friday. Imported LPG with a ...
Tags: Spot Prices, Import Costs, Chemicals
State-owned Bangladesh Petroleum Corp has submitted a formal request to the National Board of Revenue seeking a waiver from local taxes, value added taxes and other duties imposed on refined oil product imports, in order to borrow less from ...
Tags: Petroleum, Tax Waivers, Oil Product
Joint venture to build a sustainable health care center of excellence and strengthen health care services in the Kingdom of Saudi Arabia Saudi Aramco, a fully integrated global energy and chemicals enterprise, and Johns Hopkins Medicine, ...
Tags: health care, Saudi Arabia, Johns Hopkins Medicine, Saudi Aramco
Metso has received significant orders for its Neles and Jamesbury valves from Sadara Chemical Company (Sadara), a joint venture between Saudi Arabian Oil Company (Saudi Aramco) and The Dow Chemical Company. The valves will be delivered ...
Tags: Sadara, Textile, Metso Valves
French steel pipe producer Vallourec has announced that it has inaugurated its new premium finishing plant for oil and gas tubes (OCTG) in Dammam, Saudi Arabia. The new finishing plant built with a total investment of $200 million will ...
Halliburton (NYSE: HAL) announced today the opening of its new Unconventional and Reservoir Productivity Technology Center at King Fahd University of Petroleum and Minerals (KFUPM) located in Dhahran Techno-Valley. The new center enables ...
Tags: Halliburton
EDF and AREVA have signed agreements with Saudi industrial and university partners, reflecting their commitment to future nuclear projects in Saudi Arabia. Meanwhile, French engineering consultancy Assystem has signed a letter of intent to ...
Tags: Nuclear News, EDF, AREVA, Saudi Nuclear Programme