04.05.2018
- US oil and energy giant ExxonMobil has formed a joint venture with SABIC for their Gulf Coast Growth Ventures project in San Patricio County, Texas, USA. The shares in the jv were...
02.05.2018
- Saudi Aramco and SABIC have awarded a contract to US contractor KBR for the project management and front end engineering design (FEED) of its proposed crude oil-to-chemicals (COTC)...
25.03.2018
- ExxonMobil has outlined an aggressive growth strategy to more than double earnings and cash from operations by 2025. The program includes steps to increase earnings to $31 billion...
12.03.2018
- SABIC and Saudi Aramco have awarded a contract to the UK’s Wood Group for the development of their proposed $20 billion crude oil-to-chemicals complex at Yanbu, Saudi Arabia. The...
26.01.2018
- In a surprise move, Saudi Arabian petrochemicals and plastics producer SABIC has stepped in as a white knight to rescue Swiss specialty chemicals producer Clariant from the jaws of...
09.01.2018
- Mergers and acquisitions, new petrochemical projects, the dismantling of US environmental regulations and a tussle over the hazards of pesticides in Europe, along with a protracted...
09.01.2018
- In the run-up to its merger with DuPont, Dow last year announced investments worth $4 billion to be realized over the next five years, including an expansion of its Texas cracker...
29.11.2017
- Saudi Aramco and SABIC have signed a memorandum of understanding (MoU) to develop a fully integrated crude oil–to–chemicals (COTC) complex in Saudi Arabia. Front-end engineering...