NEW DELHI/SEOUL, Aug 9 — Petrochemical producers in Europe and Asia are in survival mode as years of capacity build-up in top market China and high energy costs in Europe have depressed margins for two consecutive years, forcing firms to consolidate.
SINGAPORE, May 7 — Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, the second-largest such network in the country, four industry sources aware of the discussions said, and a deal could be worth up to US$1 billion (RM4.72 billion).
DHAHRAN (SAUDI ARABIA), Dec 28 — Saudi Aramco, one of the world's largest integrated energy and chemicals companies, is looking at expanding its downstream activities in Malaysia as it aims to make Pengerang Integrated Complex (PIC) in Johor the largest hub in Southeast Asia.
KERTEH, Nov 29 — Prime Minister Datuk Seri Anwar Ibrahim expressed his pride in Petroliam Nasional Bhd (Petronas) for maintaining a very high level of integrity until now.
RIYADH, Oct 22 — Saudi Aramco is committed to expanding its facilities at the Pengerang Integrated Complex, Johor by adding petrochemical and gas downstream activities for it to become the largest hub in Southeast Asia, said Prime Minister Datuk Seri Anwar Ibrahim.
RIYADH, Oct 21 — Prime Minister Datuk Seri Anwar Ibrahim continued the Unity Government's efforts to attract global investors to Malaysia by meeting with industry leaders on the last day of his working visit to Saudi Arabia today.
SKANDAR PUTERI, Aug 10 — The Investment, Trade and Industry Ministry and the agencies under it have not yet held a discussion on the proposed investment involving Saudi Aramco in Kemaman, Terengganu.
ANKARA, May 13 — Saudi Arabia's state-owned oil company Saudi Aramco on Thursday surpassed United States technology firm Apple to become the world's most valuable company, Anadolu Agency (AA) reported.
SINGAPORE, May 12 — A 300,000 barrel-per-day refinery-petrochemical complex in Malaysia run as a joint venture between Petronas and Saudi Aramco has restarted after a more than two-year closure, a source with knowledge of the matter said.
RIYADH/DUBAI, Nov 24 — Yemeni Houthi forces fired a missile that struck a Saudi Aramco oil company distribution station in Saudi Arabia's Red Sea city of Jeddah, a Houthi military spokesman said on Monday.
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