The Saudi Arabian Oil Company (Aramco), one of the world’s leading integrated energy and chemicals companies, and Shandong Energy Group, are exploring collaboration on integrated refining and petrochemical opportunities in China. The companies have signed a Memorandum of Understanding (MoU) which includes a potential crude oil supply agreement and chemicals.
RIYADH: Aramco Gulf Operations Co. has signed a memorandum of understanding with the Kuwait Gulf Oil Co. to develop the joint Durra gas field, which is expected to produce roughly one billion cubic feet of natural gas per day, along with 84,000 barrels of liquefied gas. In a press statement, acting CEO of KGOC Khaled Al-Otaibi said that the MoU aims to re-assess and complete
The Chinese leader received a lavish welcome in Saudi Arabia, a sharp contrast with the lukewarm welcome US President Joe Biden received when he visited the kingdom early this year.
5 key takeaways from Xi s trip to Saudi Arabia krdo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from krdo.com Daily Mail and Mail on Sunday newspapers.
China and Saudi Arabia are taking energy cooperation to a higher level, from traditional oil & gas to new energy sources such as hydrogen and renewable energy, such as solar and wind.