Saudi Arabia downstream news

The signing took place on the sideline of the inauguration ceremony of the National Industrial Development & Logistics Program (NIDLP).

The technology has the potential to convert more than 60% of a barrel of crude oil into chemicals.

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.

The financial impact of the scheduled maintenance will be announced once the activity is completed.

The financial impact of full commercial operations will be reflected in the company's financial results as of 1Q19.

The JV company will market and provide integrated defensive cybersecurity software and hardware capabilities, and perform research and development activities.

SABIC will raise its stake in Ar-Razi to 75%, purchasing 50% of JSMC’s share.

The King Salman Energy Park will target exploration, production, refining, petrochemicals, conventional power and water production and treatment.

The company has announced the safe completion of activities at the IMC’s facility.

Amin H. Nasser told delegates that the company’s objective is to bring its downstream business to the same level as its upstream.