Friday 27 March 2015
 
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PetroRabigh signs $5.2bn financing

Saudi Arabia's PetroRabigh has signed loans worth around SR19.4 billion ($5.2 billion) for the expansion of its petrochemicals complex in the kingdom, it said on Tuesday. The loans include SR7.5 billion from the Japan Bank for

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PetroRabigh signs $5.2bn financing

Saudi Arabia's PetroRabigh has signed loans worth around SR19.4 billion ($5.2 billion) for the expansion of its petrochemicals complex in the kingdom, it said on Tuesday. The loans include SR7.5 billion from the Japan Bank for

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Aramco nears $10bn loan deal

Saudi Aramco, the kingdom's state oil giant, is close to completing a $10 billion tightly-priced loan, banking sources said on Thursday, part of which could be used to back the purchase of a stake in German synthetic rubber firm Lanxess.

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Oil slump 'to hit $1 trillion energy projects'

The steep fall in energy prices will hit investment in oil and gas projects worldwide and the industry may cancel about $1 trillion of planned projects globally in the next couple of years, a senior Saudi Aramco executive said on Monday.

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Aramco discovers eight new fields

Saudi Aramco discovered eight new oil and gas fields and produced a record volume of gas last year, the oil giant's chief executive officer has said. However,  Khalid Al-Falih, also the company's president, described

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Aramco senior VP Al-Buainain steps down

Saudi Aramco's senior vice president for technical services Khalid Al-Buainain has left the company, industry sources said. Ahmad Al-Sa'adi will take over Buainain's role in the company as acting head for technical ser

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Aramco to build key projects in Jazan Economic City

Saudi Aramco will build Phase I of the Jazan Economic City (JEC) project which will include smart infrastructure to meet energy, utilities and transportation requirements of a diverse industrial base.   The city will become a

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Aramco to build solid base for Jazan Economic City's growth

Saudi Aramco will build Phase I of the Jazan Economic City (JEC) project which will include smart infrastructure to meet energy, utilities and transportation requirements of a diverse industrial base.   The city will become a

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Aramco to build solid base for Jazan Economic City's growth

Saudi Aramco will build Phase I of the Jazan Economic City (JEC) project which will include smart infrastructure to meet energy, utilities and transportation requirements of a diverse industrial base.   The city will become a

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Aramco seeks $10bn loan from banks

State oil giant Saudi Aramco is talking to banks about taking a $10 billion loan for general business purposes, according to two banking sources aware of the matter, with one saying the deal could close by the end of the month. Ne

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