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Source: www.tadawul.com.sa --- 35 days ago
Rabigh Refinery and Petrochemical Company (Petro Rabigh) Board of Directors met on September 6, 2008, and approved a number of decisions relating to the progress of the construction of the Companys facilities and its on-going operations. The most significant of these decisions is that the Board agreed to transfer ownership of the current Saudi ARAMCO Refinery at Rabigh to Petro Rabigh with book value USD 230 MM (SR 862.5 MM) and for the Company to assume its full operation and maintenance effective October 1st 2008. The Board was also apprised of the Companys readiness to start-up the operation of its new Refining and Petrochemical Plants.It is worth noting that the construction progress for Petro Rabigh has reached 97.6% at the end of August, and some of the new facilities are already in operation such as the utilities and power. Other facilities such as the Ethane and Butane Pipelines are ready to receive the feedstock to be supplied by Saudi ARAMCO, while other facilities are ... Source: www.ameinfo.com --- 22 days ago
Saudi Arabia: Sulzer AG, the world's second-largest maker of pumps, has signed a deal to supply Saudi ARAMCO, the world's biggest state oil company, with products and services for 10 years, reported Bloomberg. ARAMCO already is a client of Sulzer, the Winterthur, Switzerland-based company said in a statement on its Web site. The terms of the contract weren't disclosed. [AMEInfo.com] ... Source: www.sgs.com --- 11 days ago
As a result of the successful cooperation between Saudi ARAMCO, the most important oil and gas supplier in the world, and SGS, Aramico awards SGS at the Annual Inspection Agency Meeting in Italy ... Source: www.energycurrent.com --- 33 days ago
READING, UK: Velosi's Saudi Arabian unit was awarded a five-year general inspection services contract with Saudi ARAMCO effective from July 2008 until the second quarter of 2013. ... Source: www.stockworld.de --- 21 days ago
WinterthurWinterthur (aktiencheck.de AG) - Der schweizerische Technologiekonzern Sulzer AG (ISIN CH0038388911 / WKN A0NJPK) hat mit der in Saudi Arabien ansässigen Erdölfördergesellschaft Saudi Aramc. ... Source: www.platts.com --- 25 days ago
Singapore (Platts) -- 17Sep2008 -- Saudi ARAMCO may advance loading dates in October from both Ras Tanura and Yanbu ports for term LPG customers, as the second half of October gets too crowded, a trade source said Wednesday. Most... ... Source: news.yahoo.com --- 11 days ago
Bob Pease, former president of Shell Trading (US) Co., has been named president and CEO of Motiva Enterprises LLC, a refining and marketing joint venture owned by affiliates of Shell and Saudi ARAMCO. ... Source: de.biz.yahoo.com --- 75 days ago
EMFIS - EMFIS.COM - Peking 27.07.08 (www.emfis.com [Link 1]) Der Ölkonzern Saudi ARAMCO wird in diesem Jahr voraussichtlich 41 Prozent mehr Öl an die China Petroleum & Chemical Corp (Sinopec) verkaufen wie im ... ... Source: www.moreover.com --- 100 days ago
Extract not available. ... Source: www.moreover.com --- 98 days ago
TOKYO -(Dow Jones)- State-owned Saudi Arabian Oil Co., or Saudi ARAMCO, over the weekend posted the official selling price of its Arabian Medium crude oil at $3.70 a barrel below the average of Oman and Dubai assessments for August term supply to Asia. ... Source: www.moreover.com --- 68 days ago
This is 75 cents higher than the previous month's OSP. -By Mari Iwata, Dow Jones Newswires; 813-5255-2929; mari.iwata@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and ... Source: www.moreover.com --- 68 days ago
TOKYO -(Dow Jones)- Saudi Arabian Oil Co. overnight posted the official selling price of its Arabian Medium crude oil at $2.95 a barrel below the average of Oman and Dubai assessments for September term supply to Asia. more... ... Source: www.forbes.com --- 63 days ago
To engineer a huge expansion in the chemicals business, the oil giant has put a woman in charge. ... Source: www.ameinfo.com --- 92 days ago
Sino Saudi ARAMCO Company Ltd, a wholly owned subsidiary of Saudi ARAMCO, signed a mutual cooperation agreement with SABIC Shenzhen Trading Company Ltd, a SABIC subsidiary in the People's Republic of China. ... Source: blogs.spectrum.ieee.org --- 18 days ago
King Abdullah University of Science and Technology, or KAUST , is building what it says will be the highest-performance computing system in the Middle East. Named Shaheen , the machine will be used by the university’s faculty and its international cadre of sponsored researchers. Very well and good. Except that the university doesn’t really exist yet. Next September, the graduate-level school will open its doors — by which time it presumably will have doors — to faculty and students. Backed by Saudi ARAMCO, the school's aim is to improve the quality of the country's scientific and technological expertise. To that end, Shaheen will be Saudi Arabia’s first supercomputer dedicated to academic research, though the need to model oil and gas reserves has pulled in high-performance computing experts for years. “In Saudi, typically someone brings in a machine and the application is always relevant to oil and gas,” says Majid Al-Ghaslan, KAUST’s interim chief information officer, who led the hunt for the supercomputer. For now, though, KAUST isn’t much more than a construction site on the Red Sea, so the machine will initially reside at IBM’s Watson Research Center, in Yorktown, New York. ... Source: www.ameinfo.com --- 16 days ago
The cost of expanding energy capacity in the Middle East has risen as interbank lending rates have risen across the Gulf Arab region, agencies have reported. If credit conditions fail to improve, companies may choose to wait for their projects to be implemented. Joint venture projects between Saudi Arabia's ARAMCO and France's Total, as well as ARAMCO and Conoco-Phillips are seen to seek finances by year-end. ... Source: seekingalpha.com --- 28 days ago
Jim Kingsdale submits: A report published in the Emirates Business 24/7 detailing Saudi plans for increasing oil production looks very much like it came directly from the Saudi ARAMCO PR department . Each of the four fields discussed in the report has been extensively analyzed in prior posts. What is interesting is partly that this one report summarized the entire Saudi program in one place. But even more interesting is that the report was issued at all. It seems to be designed to assure the oil market that it will be adequately supplied for the next few years at least, thus eliminating oil market pressure for higher prices. Why would the Saudi’s want to push oil prices down? One reason might be to help the Republicans win the White House in November. The King does a lot of strategic thinking, planning, and acting in coordination with the President of the U.S. It is not unlikely that he would like to see a President be elected who he believes will continue the past 60 years of confidential and cooperative relations. There is good reason to think that his relations with the Bush family going back decades has convinced him that Republicans will continue to honor the special U.S.-Saudi relationship. Moreover, since the relationship is based on personal credibility, it is not unreasonable that the King may have assured Mr. Bush that he will in fact lower oil prices in advance of the U.S. election in exchange for Mr. Bush’s as ... Source: www.moreover.com --- 101 days ago
Ein News Jul 4 2008 9:37AM GMT ...
Source: www.zacks.com --- 7 days ago
ConocoPhillips has significantly strengthened its upstream portfolio over the last few years through its Burlington and LUKOIL transactions, and remains a premier domestic refining player. Recent alliances with the Abu Dhabi National Oil Company (ADNOC), Saudi ARAMCO and Australia's Origin Energy are catalysts for the company's future growth. <p> On valuation grounds, the stock is compellingly cheap, particularly following the recent sell-off. We are reiterating our Buy recommendation for the stock ahead of the company's third-quarter results. Our estimates and price objective remain unchanged. <p> ConocoPhillips is also the fourth largest refiner in the world and the second largest in the U.S. Despite its large size, ConocoPhillips is still not part of the group generally referred to as the "super-majors," which includes the global oil giants, such as Exxon Mobil, BP, Total, Royal Dutch/Shell, and Chevron. We believe that last year's Burlington acquisition makes ConocoPhillips a strong contender to join that group. ... Find more results for Saudi ARAMCO on RSSMicro.com |
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Todd Sullivan submits: So the latest Dow Chemical (DOW) rumor has yet another JV with Saudi ARAMCO. Could it be true? You betcha... Let's go back to last year's announcement of the JV to build factories at Ras Tanura on Saudi Arabia's Persian Gulf coast. The plants are going to have the capacity to produce as much as 8 million tons of chemicals and plastics a year, using raw materials from nearby oil and natural gas plants at a cost of 1/10th the current market rate for oil gas. Complete Story » ...