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Saudi Aramco (Arabic: أرامكو السعودية ʾArāmkū as-Suʿūdiyyah), officially the Saudi Arabian Oil Company or simply Aramco (formerly Arabian-American Oil Company), is a majority state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia.
This is a list of oil refineries.The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery.
The company was established by a royal decree on 24 February 1968 [4] The initial name of the company was Petromin Lubricating Oil Company and was renamed to Saudi Arabian Lubricating Oil Company in 1997. It was established as a joint venture between Saudi Aramco and Mobil investments and started production at its first blending plant in Jeddah ...
Saudi Arabia, the world's top oil exporter, said on Wednesday it had directed Aramco <2222.SE> to keep supplying crude at a record rate of 12.3 million barrels per day (bpd) in the coming months.
Saudi Aramco finalised a deal on Wednesday with Malaysian state energy company Petroliam Nasional Berhad (Petronas) to invest in a refinery project off Malaysia. Saudi oil giant Aramco agreed in ...
The joint concessionary company, ARAMCO, agreed to the government's demand to use the introduced posted price as a way to calculate profits. Profit-sharing between ARAMCO and Saudi Arabia was established as a 50/50 split. [16] Eventually the Saudi government fully purchased Aramco in 1980 renaming it as Saudi Aramco. [7]
Saudi Aramco CEO says it’s time to abandon the ‘fantasy’ of phasing out oil because the $9.5 trillion energy transition is on a ‘road to nowhere’ Eleanor Pringle March 19, 2024 at 7:38 AM
Rabigh Refining & Petrochemical Company (Petro Rabigh) is a Saudi Arabia–based company which produces and markets refined hydrocarbon and petrochemicals.It was founded in 2005 as a joint venture between Saudi Aramco and Japan’s Sumitomo Chemical, and is now publicly held and traded on the Saudi Stock Exchange (TADAWUL:2380).