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Saudi Aramco to sign key refinery dealState 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. Aramco said the formal signing would take place on Saturday More… |
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Aramco, Sinopec ink deal for $10bn refineryState-run Saudi Aramco signed an initial deal with China's Sinopec Group to jointly build a $10-billion Yanbu refinery on the Red Sea coast, a pact that further cements ties between the two energy giants. China, the world's No. 2 o More… |
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Sinopec, CNOOC in $7bn OGX asset bidChina's Sinopec Group and CNOOC are bidding for stakes in assets owned by Brazilian oil and gas start-up OGX SA in a potential $7 billion deal, sources with direct knowledge of the matter said on Friday. OGX, part of the EBX industrial More… |
