WEBMar 13, 2023 · Aramco has a large and integrated Downstream business that includes refining, petrochemicals, retail, and power generation. In 2022, Aramco acquired Valvoline Global Products and SASREF, and achieved record-breaking excellence in …
Mohammed Y. Al Qahtani - Aramco
WEBOver the course of his career at Saudi Aramco, Mr. Al Qahtani has demonstrated versatile leadership in roles spanning the corporate, upstream, and downstream sectors. In 2007, he was president and CEO of Aramco Services Company in Houston, Texas.
Saudi Arabia’s downstream industry can spur a new era - Aramco
WEBMar 9, 2016 · Saudi Aramco’s strategy is to strike a better balance between its unparalleled upstream capacity of 12 million barrels of crude oil per day and its current refining capacity of 5.4 million barrels per day of crude oil in-Kingdom and worldwide.
Downstream expansion plan with Rongsheng | Aramco Life
WEBApr 28, 2024 · Cooperation framework agreement paves the way for new downstream partnerships. Aramco, one of the world’s leading integrated energy and chemicals companies, is exploring the formation of a joint venture in the Saudi Aramco Jubail Refinery Company (“SASREF”) with Chinese partner Rongsheng Petrochemical Co. Ltd. (“Rongsheng”) and ...
Aramco announces Downstream business reorganization to ... - Saudi Aramco
WEBJul 14, 2020 · The Saudi Arabian Oil Company (“Aramco” or “the Company”) today announced the reorganization of its Downstream business to support and enhance integration across the hydrocarbon value chain and better position the Company to drive financial performance, value creation and global growth.
Aramco’s downstream expansion in Asia key to long-term growth
WEBApr 7, 2022 · Saudi Aramco’s revenue swing during the pandemic suggests the importance of the company’s diversification into Asia’s downstream business, the driver of global petrochemical demand, to...
Saudi Arabia's Aramco names presidents for upstream and downstream …
WEBMay 18, 2023 · Saudi Arabian oil giant Aramco on Thursday named Nasir al-Naimi and Mohammed Al Qahtani as presidents of its upstream and downstream businesses, respectively, in a move designed to support...
Saudi Aramco restructures downstream business | Latest Market …
WEBAramco's downstream reorganisation appears aimed at integrating its stable of subsidiaries following the recent acquisition of a 70pc stake in petrochemicals giant Sabic from the Saudi government.
Aramco Announces Downstream Business Reorganization to …
WEBThe Company’s Downstream strategy focuses on creating growth opportunities across the hydrocarbon chain in order to expand the Company’s sources of earnings, providing resilience to oil price volatility and capitalizing on rising demand for petrochemical products.
Saudi Aramco Downstream Strategy Hits Its Stride - MEES
WEBIn 2020, as the Covid-19 pandemic threw global oil markets into disarray, Saudi Aramco ripped up its downstream expansion strategy which had been struggling to gain traction as key planned projects stalled.