#refinery

Petrobras

Petrobras wrapping up due diligence to buy back refinery from Mubadala, sources say

Brazil’s Mines and Energy Minister Alexandre Silveira said Petrobras will only enter into an agreement if the buyback is “economically viable”

Saudi Aramco announces record Q2 and H1 2022 results

Saudi Aramco Base Oil gets approval for Riyadh share offering

Saudi Aramco is aiming to sell 50 million shares – a 29.7 per cent stake – in the company

Kuwait starts commercial operations at new Al-Zour mega-refinery

Kuwait starts commercial operations at new Al-Zour mega-refinery

Comprising three mini refineries, Al-Zour is the biggest of several oil-processing facilities being added across the Middle East

Saudi Aramco JV to develop refinery and petrochemical complex in China

The facility will be built in the city of Panjin, in China’s Liaoning Province

Brent oil passes $65 with US crisis now a global supply shock

More than 4 million barrels a day of US oil output is now offline

Abu Dhabi’s main refinery makes China sales push after servicing

Prior to the pandemic, the plant had been mostly targeting Europe for sales of low-sulfur diesel and jet fuel

India’s Reliance, Saudi Aramco accelerate refinery stake sale talks

In August, Reliance valued its oil-to-chemicals division at $75bn including debt, implying a $15bn valuation for a 20 per cent stake