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Vela marine

Saudi Aramco to sell Vela marine for $1.3 billion to Saudi Bahri

The merger of the fleets would make Bahri the world's fourth largest owner of very large crude carriers, or VLCCs, and it would become the exclusive provider of VLCC crude oil shipping services to Saudi Aramco, under a long-term agreement.

June 28, 2012 11:20
 
saudi aramco

Saudi Aramco, Sumitomo to sign Rabigh deals soon

State oil giant Saudi Aramco and Japan's Sumitomo Chemical are close to signing multi-billion-dollar contracts to expand their petrochemical complex in Saudi Arabia, industry sources said.

June 21, 2012 5:17
 
saudi aramco

Aramco, Dow Petchem JV picks banks for project sukuk

Four banks to arrange project sukuk; Part of $12.5 bln debt package for Aramco/Dow petchem JV; Will be only the second project sukuk from Saudi Arabia

June 13, 2012 10:41
 
Saudi Aramco sets June propane at $680 a tonne, down $130

Saudi Aramco seeks $12.5 billion in debt for Dow project-PFI

State-owned oil giant Saudi Aramco is seeking to raise $12.5 billion in debt to help finance its joint venture with Dow Chemical, according to a report in Project Finance International (PFI), a unit of Thomson Reuters.

May 31, 2012 11:34
 
Saudi Aramco sets June propane at $680 a tonne, down $130

Saudi Aramco sets June propane at $680 a tonne, down $130

State-run Saudi Aramco has set its June contract price for propane at $680 a tonne, down $130 from the May level, an industry source said on Wednesday.

May 30, 2012 1:52
 
Saudi-Aramco-kipp

Saudi Aramco 2011 crude output tops 9 million barrels per day

Saudi Aramco's crude oil output in 2011 rose to 9.1 million barrels per day (bpd) from 7.9 million a year earlier, the state oil firm said in an annual review released on Monday.

May 28, 2012 5:28
 
Saudi Aramco Sets May Propane at $810/T, Down $180

Saudi Aramco Sets May Propane at $810/T, Down $180

State-run Saudi Aramco has set its May contract price for propane at $810 a tonne, down $180 from the April level, an industry source said on Tuesday.

May 1, 2012 9:37
 
Saudi Aramco sets April propane at $990/T

Saudi Aramco sets April propane at $990/T

State-run Saudi Aramco has set its April contract price for propane at $990 a ton, down $240 from the March level, an industry source said on Saturday.

April 1, 2012 12:00
 
Japan’s Sumitomo undecided on Saudi expansion plan

Japan’s Sumitomo undecided on Saudi expansion plan

Sumitomo Chemical hopes to go ahead with the expansion of the Petro Rabigh petrochemical complex with Saudi Aramco but is still unsure if it makes economic sense, a senior executive at the Japanese firm told Reuters.

February 22, 2012 1:00
 

Aramco, Sinopec set to sign Saudi refinery deal

State oil giant Saudi Aramco will sign a final deal next week to build a new 400,000 barrels per day (bpd) oil refinery in Yanbu with China's Sinopec Group, the company said on Sunday.

January 9, 2012 11:18
 
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