(WoodMac, 3.Nov.2024) — Coal use and emissions from power generation in Asia will surge in coming decades unless there is significant new supply of U.S. [more…]
Tag: Aramco
EAI’s NRGBriefs: Dec. 2024
(Energy Analytics Institute, 3.Dec.2024) — Energy briefs as well as others related to finance and projects during Dec. 2024 including Saudi Investment Recycling Company (SIRC) [more…]
Aramco, SINOPEC, and Fujian Break Ground on Refining Project in China
(Aramco, 18.Nov.2024) — Aramco, China Petroleum & Chemical Corporation (SINOPEC), and Fujian Petrochemical Company Limited (FPCL) have broken ground on a new integrated refining and petrochemical [more…]
Aramco and NextDecade Ink HoA for Rio Grande LNG (RGLNG)
(NextDecade, 13.Jun.2024) — Aramco and NextDecade Corporation (Nasdaq: NEXT) announced that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-year liquefied natural [more…]
Saudi Arabia Sets up New Aramco Share Sale
(Reuters, 30.May.2024) — Saudi Arabia’s government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise as much as $13.1 [more…]
Petrobras Ranking by Poder 360
(Energy Analytics Institute, 18.May.2024) — In 2023, Petrobras was the 4th most profitable oil company. Saudi Arabia’s Saudi Aramco remains the leader, on its own, [more…]
Aramco Reports 2023 Net Income of $121.3bn
(Aramco, 10.Mar.2024) — The Saudi Arabian Oil Company announced its full-year 2023 financial results, reporting a net income of $121.3bn, its second-highest ever net income. [more…]
Concacaf and Aramco Ink Multi-year Partnership
(Aramco, 23.Feb.2024) — Concacaf has agreed to a multi-year Confederation-wide partnership with Aramco, a global integrated energy and chemicals company. Aramco will become the “Official [more…]
Aramco Enters LNG Business by Buying Interest in MidOcean Energy
(Aramco, 28.Sep.2023) — Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in [more…]
Aramco Enters Global LNG Business with $500mn Stake in MidOcean Energy
(Aramco, 28.Sep.2023) — Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in [more…]
Aramco Enters South American Retail Market with Esmax Acquisition
(Aramco, 15.Sep.2023) — Aramco, one of the world’s leading integrated energy and chemicals companies, has agreed to purchase a 100% equity stake in Esmax Distribusción [more…]
Aramco and TotalEnergies Award $11bn Deals for Amiral
(TotalEnergies, 24.Jun.2023) — Aramco and TotalEnergies awarded Engineering, Procurement and Construction (EPC) contracts for the $11bn “Amiral” complex, a future world scale petrochemicals facility expansion at [more…]
Saudi Aramco Reports 1Q:23 Earnings of $31.9bn [PDF Download]
(Saudi Aramco, 9.May.2023) — Global crude oil prices declined in the first quarter of 2023 mainly driven by macroeconomic events contributing to market volatility. Aramco [more…]
Motiva Reports Operational Snag at Texas Oil Refinery
(WSJ, 6.Feb.2023) — Motiva Enterprise reported an operational disruption and above-normal flaring of gases over the weekend at its oil refinery in Port Arthur, Texas. [more…]
Aramco and TotalEnergies to Build Saudi Petrochems Complex
(TotalEnergies, 15.Dec.2022) — The Saudi Arabian Oil Company (Aramco) and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical [more…]
Guyana Gets 15 Bids To Market Govt Crude
(Reuters, 4.Aug.2021) — Guyana received bids from 15 different companies aiming to market the government’s share of the crude produced off the South American country’s [more…]
Over 30 Cos Vie For Guyana Oil Trading Contract
(Reuters, 21.Apr.2020) — More than 30 companies, including commodities traders like Gunvor and Vitol as well as units of oil majors like Exxon Mobil and [more…]
Venezuela Solicits Audit of Pacific Coast Refinery, Río Napo
(Energy Analytics Institute, Piero Stewart, 13.Oct.2018) — Venezuela has solicited an audit of costs related to the Pacific Coast Refinery and Río Napo JV in [more…]