Saudi Aramco’s recent acquisition of additional stake in Japan’s Sumitomo Chemical is a sign of consolidation in the petrochemical industry
The partnership will assess the joint development of direct air-capture plants in the UAE that can absorb carbon dioxide out of the sky
ExxonMobil will own 25 per cent of a joint venture with QatarEnergy, with the venture in turn holding 25 per cent of the North Field East project
ADNOC and ExxonMobil will identify areas of mutual interest for conducting R&D and co-developing technology solutions