Saudi Aramco has signed new agreements with Chinese companies to expand its refining and petrochemical presence in China.
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Aramco Asia is a group of Asian wholly owned subsidiaries of Aramco, and they share a key mission in serving Saudi Aramco's corporate strategic initiatives in the Asia-Pacific region. Headquartered in Beijing, China, Aramco Asia …
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Huajin Aramco Petrochemical Company (HAPCO), a joint venture between Aramco (30%), NORINCO Group (51%) and Panjin Xincheng Industrial Group (19%), is developing the complex that will combine a 300,000 barrels per day refinery and a petrochemical plant with annual production capacity of 1.65 million metric tons of ethylene and 2 million …
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RIYADH: Energy giant Saudi Aramco held talks with Chinese Hengli Group Co. to acquire a 10 percent stake in its subsidiary, subject to due diligence and required regulatory clearances.
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Aramco, one of the world's leading integrated energy and chemicals companies, has signed a five-year Cooperation Framework Agreement (CFA) with the China National …
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Aramco, one of the world's leading integrated energy and chemicals companies, has signed a five-year Cooperation Framework Agreement (CFA) with the China National Building Material Group Co., Ltd. (CNBM), one of the largest producers of comprehensive building materials in …
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Saudi oil giant Aramco said on Monday it is in talks to acquire a 10% stake in China's Hengli Petrochemical, a deal which would further bolster Aramco's growing downstream presence in China.
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Aramco is not only a witness and beneficiary of China's rapid economic and social development, but also a participant and contributor. The modern energy system part of China's 14th Five-Year Plan emphasizes accelerating energy transformation towards green and low-carbon energy while ensuring stable and secure supply. Against this background ...
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Hawiyah. We are expanding the gas processing capacity of our Hawiyah gas plant by more than 1 BSCFD. The new gas processing facilities, expected to be on stream in 2022, are anticipated to raise total production capacity of the plant to approximately 3.6 BSCFD, making it one of the largest gas processing facilities in the world.
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Saudi Aramco has strengthened ties with China through new energy deals, reinforcing its commitment to China's long-term energy security and development. The …
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Mineral Springs Haikou ... The Aramco Team Series presented by PIF and organized by Golf Saudi has today confirmed Mission Hills Resort in Shenzhen as its fourth stop of the season, as the Ladies European Tour (LET) returns to mainland China for the first time in over seven years. A cornerstone of the LET, the second Asian leg of the 2024 ...
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RIYADH: Saudi oil giant Aramco has unveiled new agreements with its Chinese partners, Rongsheng Petrochemical Co. and Hengli Group Co., during Chinese Premier Li …
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Mohammed Y. Al Qahtani, Aramco Downstream President, said: "Aramco looks forward to partnering with Eastern Shenghong to supply the reliable energy required for China's long-term growth, development and energy security. The signing of this cooperation framework agreement is another significant milestone in Aramco's Downstream strategy to ...
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The feedstock is mainly supplied by China's largest investment project in Saudi Arabia—Yanbu Aramco Sinopec Refining Company (YASREF) refinery. After the completion of the project, it will contribute to energy transformation and Saudi Vision 2030. YASREF is jointly invested by Sinopec and Aramco, which has been in successful operation since ...
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Aramco's agreement with Hengli Group advances talks relating to Aramco's potential acquisition of a 10% stake in Hengli Petrochemical Co., Ltd., subject to due diligence and required ...
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In accordance with API and ACEA protocols, Saudi Aramco has successfully completed test programs that demonstrated the interchangeability and linage between Group II base oils from our global manufacturing sites. The extensive …
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The Yanbu Aramco Sinopec Refining Company (YASREF) Ltd., a joint venture between Saudi Aramco and China Petrochemical Corporation (Sinopec), is a world-class, full-conversion refinery that covers about 5.2 million square …
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Ahmad A. Al-Sa'adi, Senior Vice President of Technical Services at Aramco, said: "We are excited to be part of this important initiative with the China Building Materials Academy, to jointly advance the use of nonmetallics in building and construction in China. At Aramco, we have been developing and deploying nonmetallic solutions within ...
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One Chinese company, Sinopec, is Saudi Aramco's joint venture partner in YASREF, a 400,000 barrel per day, full-conversion refinery in Yanbu' on the Red Sea Coast. Alternately, a growing array of Chinese goods is available in the Saudi marketplace, from trucks and automobiles to consumer goods, home appliances, and information technology ...
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Free cash flow* reached a record $148.5 billion in 2022, compared to $107.5 billion in 2021. Aramco continues to emphasize a strong balance sheet and its gearing ratio at the end of 2022 was -7.9%, compared to 12.0% at the end of 2021. Aramco declared a dividend of $19.5 billion for the fourth quarter, to be paid in Q1 2023.
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Aramco has also launched a new center of excellence for nonmetallic technologies called NEXCEL in Beijing. "In other words, we want to be an all-inclusive source of energy and chemicals for China's long-term energy security and China's high quality development," Nasser told the forum.
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Chinese privately-controlled refiner Rongsheng Petrochemical and Saudi Aramco are in talks for the Chinese company to buy a 50% stake in the Saudi company's refining unit SASREF, a filing showed ...
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Aramco, one of the world's leading integrated energy and chemicals companies, is exploring the formation of a joint venture in the Saudi Aramco Jubail Refinery Company ("SASREF") with Chinese partner …
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Over the years, we have continued to expand our satellite communication capacity to include more and more offshore platforms and remote drilling and exploration sites, and, as of 2024, the network covers around 400 mobile onshore and offshore platforms that have no means of guaranteed connectivity except through space.
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RIYADH: Saudi oil giant Aramco has unveiled new agreements with its Chinese partners, Rongsheng Petrochemical Co. and Hengli Group Co., during Chinese Premier Li Qiang's visit to the Kingdom.
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Aramco and joint venture partners NORINCO Group and Panjin Xincheng Industrial Group plan to start construction of a major integrated refinery and petrochemical …
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Saudi Aramco is collaborating with the Ministry of Petroleum and Mineral Resources, the Royal Commission for Jubail and Yanbu, and the Saudi Arabian General Investment Authority to build value parks and locate service providers adjacent to petrochemical facilities, such as Rabigh PlusTech Park at Petro Rabigh on the west coast and the PlasChem ...
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The Aramco Team Series presented by PIF returns for its fourth series and for the first time, Round Four will be heading to Mission Hills Resort Shenzhen from the 6th-8th October 2024 and we cannot wait.. Named in honor of the 41st World Cup of Golf which it hosted in 1995, this critically acclaimed course was designed by 18-time major champion Jack Nicklaus.
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Saudi Arabian Oil Co. (Aramco) has secured agreements with two Chinese refiners laying the groundwork for potential stake acquisitions that would expand the Saudis' …
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Vessel MINERAL CHINA is a Bulk Carrier, Registered in Panama. Discover the vessel's particulars, including capacity, machinery, photos and ownership. Get the details of the current Voyage of MINERAL CHINA including Position, Port Calls, Destination, ETA and Distance travelled - IMO 9264790, MMSI 352002644, Call sign 3E4968
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