Wednesday 26 November 2014
 
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Saudi Aramco to nearly double planned Fadhili gas plant capacity

Saudi Aramco plans to nearly double the capacity of a planned new gas plant at Fadhili to 2.5 billion standard cubic feet per day (bscfd), three industry sources said.   The Saudi Arabian state oil company Aramco

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Aramco's oil resources to grow to 900bn barrels by 2025

State oil giant Saudi Aramco expects to have 900 billion barrels of oil resources by 2025, up from the current 790 billion barrels, a company executive said on Tuesday. Current recoverable crude oil and condensate reserves stand a

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Aramco gets plot to build stadium in Madinah

Oil company Saudi Aramco has been given a site in Madinah covering an area of 2.7 million sq m to build a stadium as per the directives of the Custodian of the Two Holy Mosques King Abdullah, a report said. Aramco will issue all the nec

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Saudi-Sinopec refinery 'to begin export in December'

The first fuel exports from a major new Saudi Arabian-Chinese refinery will load in December, slightly later than expected, three industry sources said. The 400,000-barrel-per-day (bpd) Yanbu Aramco Sinopec Refining Company (Yasre

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Saudi Electricity Q3 net profit drops 6.5pc

Saudi Electricity Co (SEC), the Gulf's largest utility firm, posted net profit of SR2.67 billion ($711 million) during the third quarter (Q3) of the year, compared to SR2.85 billion ($759 million) during the same period of 2013, marking a de

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Aramco awards pipeline contract to China's Sepco

Saudi Aramco has contracted a Chinese group for a project to help expand the capacity of the main gas pipeline across Saudi Arabia, which dates back to the 1970s, aiming to improve energy supply to industries in the west of the country.

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Saudi Aramco trades first fuel oil derivative on Platts

Saudi Aramco traded its first fuel oil derivative on Platts and is expected to become more active in its paper trading activities, sources said.   Saudi Aramco Products Trading Co (Aramco Trading) sold a November

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Saudi focus on Asia may result in cheaper crude

By Clyde Russell   Asian refiners may be about to get a welcome boost from major oil producer Saudi Arabia, which is likely to keep lowering the cost of crude to the region.   Saudi

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Aramco, PTT eye $22bn project in Vietnam

Thai energy company PTT has joined with Saudi Aramco, the world's biggest oil producer, to submit a proposal to the Vietnamese government to build a $22 billion refinery and petrochemical complex in Vietnam, a senior PTT official said.

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Saudi Aramco, Thai PTT plan $22bn Vietnam complex

Thai energy company PTT has joined with Saudi Aramco, the world's biggest oil producer, to submit a proposal to the Vietnamese government to build a $22-billion refinery and petrochemical complex in Vietnam, a senior PTT official said.

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