Tag: petro-chemicals

Saudi Aramco in $5 billion bid for Amiral petrochemical roject

Saudi Aramco has approached banks to finance its $5 billion Amiral petrochemical project that the state-owned oil producer plans to develop with France’s Total, five sources familiar with the matter said. Aramco, the world’s largest crude producer, plans to boost investment in refining and petrochemicals in a bid to cut reliance on crude as demand […]

ADNOC concludes LPG agreement with China's Wanhua

The Abu Dhabi National Oil Company (ADNOC) announced, today, it has concluded a new long-term Liquefied Petroleum Gas (LPG) sales agreement with Wanhua Chemical Group of China. Under the terms of the 10-year contract, Wanhua will purchase up to 1 million metric tonnes of LPG per annum. The agreement, which was signed by Abdulla Salem […]

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