Saudi Aramco news
US shale response to Saudi attacks
IHS Markit reports that the oil price jump resulting from the attacks in Saudi Arabia will not have any impact on the trajectory of 2019 US shale production.
Saudi Aramco acquires Shell’s share of SASREF
Saudi Aramco has completed the acquisition of Shell’s 50% interest in the SASREF joint venture.
Petrochemical feedstock supply under attack
Drone attacks on Saudi Aramco will severely disrupt NGL and petrochemicals supply, much more than oil. The impact on global economic and geopolitical dynamics will be huge, reports Joseph Chang, Global Editor, ICIS Chemical Business.
Full Aramco capacity to be restored by the end of September
Saudi Aramco have announced that full production will be restored by the end of September following the attacks on its Abqaiq and Khurais plants.
US swing production capabilities to be tested in wake of Saudi oil out-age
GlobalData has made a comment on the impact of the Saudi Arabian oil outage on global oil prices, and how this may test the US’s ability to swing supply.
Rystad Energy provides update on Aramco drone attacks
Rystad Energy has made a comment on the recent drone attacks on Aramco oil facilities in eastern Saudi Arabia.
Saudi Aramco signs MoU with Zhejiang Free Trade Zone
Saudi Aramco has signed a memorandum of understanding with China’s Zhejiang Free Trade Zone, expanding the company’s downstream investment.
Collaboration to advance open process automation systems
ExxonMobil, BASF, Aramco, and four other companies have signed an agreement to accelerate the development of open process automation systems.
Sherwin-Williams coating selected for corrosion protection at Aramco refinery
Saudi Aramco selected Sherwin-Williams’ single coating corrosion protection product for its Ras Tanura refinery.
Saudi Aramco signs 12 agreements with South Korean partners
Saudi Aramco has signed 12 agreements worth billions of dollars with various South Korean companies.