Friday 1 July 2016
 
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Saudi, Japanese officials to discuss investment into Aramco IPO

Saudi and Japanese officials will hold meetings on Wednesday to discuss Japanese investment into the planned initial public offering (IPO) of a small part of Riyadh-controlled Saudi Aramco, said Khalid Al-Falih, the kingdom's energy minist

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Sabic, Aramco agree to study oil-to-chemicals project

Major petrochemicals producer Saudi Basic Industries Corp (Sabic) has reached an agreement with national oil giant Saudi Aramco to conduct a joint feasibility study on a proposed oil-to-chemicals project. Derived from improved ref

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Sabic, Aramco agree to study oil-to-chemicals project

Major petrochemicals producer Saudi Basic Industries Corp (Sabic) has reached an agreement with national oil giant Saudi Aramco to conduct a joint feasibility study on a proposed oil-to-chemicals project. Derived from improved ref

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PetroChina to start new refinery in October

PetroChina, China's second-largest state-run refiner, aims to start operating a new refinery in the country's southwest in October after several delays, boosting the nation's already-surging crude imports.  

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Saudi may return to oil market balancing role

Saudi Arabia, the world's largest oil exporter, may return to its role of balancing oil supply and demand after the recovery of the global market, the country's energy minister indicated in comments published on Wednesday.

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Saudi Aramco says minor pipeline fire extinguished

Saudi Aramco said a minor pipeline fire broke out but was quickly put out with no injuries or impact on oil supply.   "Minor pipeline fire this morning near Ras Tanura was quickly extinguished and repairs co

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Petronas, Aramco 'seeking $7bn loan for Malaysia projects'

Malaysia’s state-owned oil corporation and Saudi Aramco are asking banks for proposals to finance about $7 billion for a planned refinery and a petrochemical complex in the Southeast Asian nation, Bloomberg said quoting people familiar wit

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Aramco, GE to install Saudi Arabia’s first wind turbine

Saudi Aramco and GE are partnering to install Saudi Arabia’s first wind turbine at the Turaif Bulk Plant in the north-west of the kingdom. The project is in line with Saudi Vision 2030 that has set an initial target of generating

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Aramco listing lures banks with game-changing deals

Investment banks are jostling to take part in the listing of a chunk of Saudi Arabia's state-owned oil giant Aramco as a portal to the lucrative deals they expect to flow from the kingdom's plan to revamp its economy. The

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Global oil giants seek inroads into India's retail fuel market

Global oil majors including Saudi Aramco and Total plan to tap the retail fuel market in India, its oil minister said on Friday, reflecting the expanding role of the world's fastest-growing large economy on the global crude landscape.

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