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Saudi Aramco may shut Jeddah refinery in several years

State oil giant Saudi Aramco is considering whether to close its 90,000 barrel per day crude oil refinery in Jeddah after several years because of age and environmental concerns, industry sources said.   The refi

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PetroRabigh says unit repairs to hit Q2 results

PetroRabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, said the maintenance work at one of its facilities, will affect the company's second quarter results by SR69 million ($18.4 million). The Saudi-based Pet

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Saudi Aramco buys gasoil for July to meet summer demand

Saudi Aramco bought more than 1 million barrels of gasoil for July in the spot market despite new refining capacity, as hot summer weather boosts power demand for airconditioning, industry sources said.   Saudi A

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PetroRabigh shuts down hydrogen production unit

Saudi Arabia's PetroRabigh shut down a hydrogen-producing facility on May 29 due to faulty pipes, the company said on Sunday. PetroRabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, said it is assessing the ma

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PetroRabigh shuts down hydrogen production unit

Saudi Arabia's PetroRabigh shut down a hydrogen-producing facility on May 29 due to faulty pipes, the company said on Sunday. PetroRabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, said it is assessing the ma

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PetroRabigh restarts VDU after maintenance

Saudi Arabia's PetroRabigh has restarted a vacuum distillation unit after unscheduled maintenance at its 400,000 barrel per day oil refinery, it said on Sunday. PetroRabigh completed maintenance at the unit on Friday, it said

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PetroRabigh extends VDU maintenance work

Saudi Arabia's PetroRabigh has extended maintenance work on its vacuum distillation unit (VDU) by a further six days, it said in a statement on Wednesday. The firm, a joint venture between Saudi Aramco and Japan's Sumitomo

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Aramco vows to spend on oil production

Saudi Aramco will dedicate most of its spending to oil production over the next decade to maintain its position as the world's top crude oil exporter, the state-owned energy giant reiterated in its annual report for 2014. &quo

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Nasser named Aramco acting chief

Saudi Aramco last night named Amin Al Nasser as the “acting president and chief executive officer”. The appointment followed Khalid Al Falih’s assignment on Wednesday to the Saudi Cabinet under a major government

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Saudi restructures Aramco, separates it from oil ministry

Saudi Arabia has approved a restructuring of Saudi Aramco that includes separating it from the oil ministry, a Saudi-owned TV station reported, in a decision analysts said aims to make the state oil giant more transparent and keep it away from p

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