Saudi Arabia downstream news
Saudi Aramco and Total to develop fuel and retail network in Saudi Arabia
The 50:50 joint venture plans to invest around US$1 billion over the next six years in the Saudi fuel retail market.
SABIC, Saudi Aramco declare intent to develop Yanbu industrial park
The signing took place on the sideline of the inauguration ceremony of the National Industrial Development & Logistics Program (NIDLP).
Saudi Aramco, TechnipFMC and Axens advance crude-to-chemicals technology
The technology has the potential to convert more than 60% of a barrel of crude oil into chemicals.
Saudi Aramco and Air Products to build Saudi Arabia’s first hydrogen fuelling station
Saudi Aramco and Air Products will establish a pilot fleet of fuel cell vehicles for which high-purity compressed hydrogen will be dispensed at the new fuelling station.
Sipchem schedules periodic maintenance turnaround for diol plant
The financial impact of the scheduled maintenance will be announced once the activity is completed.
Sipchem announces EVA film plant commercial operation
The financial impact of full commercial operations will be reflected in the company's financial results as of 1Q19.
Saudi Aramco and Raytheon sign MoU to establish JV in cybersecurity
The JV company will market and provide integrated defensive cybersecurity software and hardware capabilities, and perform research and development activities.
SABIC and JSMC renew partnership in Saudi Methanol Company
SABIC will raise its stake in Ar-Razi to 75%, purchasing 50% of JSMC’s share.
Saudi Aramco announces energy megaproject, SPARK
The King Salman Energy Park will target exploration, production, refining, petrochemicals, conventional power and water production and treatment.
Sipchem completes turnaround maintenance on methanol plant
The company has announced the safe completion of activities at the IMC’s facility.