EU clears Saudi Aramco and Hyundai Heavy industries’ joint venture

The Commission said it would not raise any competition concerns because the joint venture will not be active in the European Economic Area

INEOS plans $2bn ‘most energy efficient’ petrochemical complex in Saudi Arabia

It is investing in three plants which are expected to begin production in 2025

Shell sells stake in oil refining joint venture in $631m deal

Saudi Aramco will take full ownership of the refinery in Saudi Arabia

Saudi oil company to invest $120m in Europe

A Saudi Arabian oil company has plans to invest around $120million (£76.7million) a year in Europe. Saudi Aramco, the world’s largest crude exporter, has signed an agreement with Norwegian Energy Capital Management (ECM) to invest in technology companies specialising in gas production and drilling technologies, reports claim. Saudi Aramco set up a capital branch, Saudi […]