2022-05-13 11:10:00
ARAMCO HYDROGEN COOPERATION
AN - May 12, 2022 - Saudi Arabian Oil Company, also known as Aramco, has joined hands with Thailand's national oil company PTT, as it expands its footprints in Asia.
Both the companies will work together in areas of blue and green hydrogen and various clean energy initiatives, according to a statement.
The companies signed a memorandum of understanding on May 11, aimed at strengthening cooperation across crude oil sourcing and the marketing of refining and petrochemical products and liquefied natural gas.
Ibrahim Al-Buainain, Aramco VP of Sales, Trading and Supply Planning, said: “Today represents an important step forward as we deepen and broaden this relationship to achieve greater cooperation across a wide range of activities, from sourcing crude oil and marketing refining and petrochemical products and LNG, to exploring blue and green hydrogen and progressing other clean energy initiatives.”
Auttapol Rerkpiboon, PTT President & CEO said: “Today marks a significant milestone for PTT and Aramco as we look to the future and extend our collaboration beyond conventional energy. It also reflects our ongoing commitment to the security of supply as we embrace the energy transition.”
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Earlier:
2022, April, 19, 14:25:00
SAUDI ARABIA'S OIL EXPORTS UP
Crude exports rose to 7.307 million b/d in February, the highest since the record 10.237 million b/d, from 6.996 million b/d in January, the JODI data published April 18 showed. Production climbed to 10.225 million b/d from 10.145 million b/d.
2022, March, 22, 12:15:00
SAUDI ARAMCO NET INCOME $110 BLN
The Saudi Arabian Oil Company (“Aramco” or “the Company”) announced its full-year 2021 financial results, reporting that net income more than doubled year-on-year to $110.0 billion. Aramco declared a fourth quarter dividend of $18.8 billion, to be paid in the first quarter of 2022.
2022, March, 17, 16:45:00
SAUDI ARABIA, UAE, BRITAIN COOPERATION
Saudi Arabia and the United Kingdom signed a memorandum of understanding to establish a strategic partnership council.
Earlier, Johnson met the Crown Prince of Abu Dhabi, Sheikh Mohamed bin Zayed Al-Nayhan, in Abu Dhabi.
2022, March, 15, 14:55:00
SAUDI INVESTMENT FOR CHINA
Saudi Arabia's national oil company Saudi Aramco has taken the final investment decision (FID) to participate in the development of a 300,000 bbl/d refinery in the city of Panjin, in China’s Liaoning Province.
2022, March, 15, 14:50:00
SAUDI INVESTMENT $152 BLN
Saudi National Development Fund to inject SR570 billion ($152 billion) in the Kingdom’s economy by 2030
2022, March, 3, 14:10:00
SAUDI ARAMCO $2.3 TLN
Shares in oil giant Aramco touched the highest level in its history of SR43.1 ($11.5) on Wednesday, propelled by a rally in the energy market.
2022, February, 28, 13:00:00
ARAMCO INVESTMENT DEAL $15.5 BLN
The consortium has acquired 49% stake in Aramco Gas Pipelines Company, a subsidiary of Aramco, for $15.5 billion.
