Saudi Aramco's potential acquisition of a stake in petrochemicals maker Sabic would affect the time frame of its own planned initial public offering, the firm's chief executive, Amin Nasser ...

He added that Sabic, a subsidiary of Aramco, was building on its strength in the chemicals sector.

Saudi Aramco said the venture will focus on energy transition minerals, with commercial lithium production scheduled to commence by 2027.

This was reported in a Saudi Aramco press release. Aramco, together with the Sabic division, refused to continue the construction of the planned petrochemical plant with a capacity of 400 thousand ...

Aramco has developed a formidable position as well, with our majority ownership of one of the world’s leading chemicals players, SABIC. This is crucial to our plans to increase liquids-to ...

SABIC's biggest shareholder, the Public Investment Fund, is in talks with Saudi national oil giant Aramco IPO to sell its majority stake in the petrochemicals giant to Aramco. ($1 = 3.7505 riyals) ...

Saudi Aramco and Saudi Basic Industries Corporation (Sabic) moving forward with their plans of building a mega petrochemicals complex in Yanbu demonstrates their commitment to their long-term goal ...

Aramco signed 145 deals totaling about $9 billion as part of the oil giant's In-Kingdom Total Value Add program. Image by JHVEPhoto via iStock Saudi Arabian Oil Co. on Monday signed 145 deals ...

Saudi Arabian Oil Co. (Saudi Aramco) will release its 2024 financial results on March 4, 2025. Aramco’s net profit—after minority interest—fell to SAR 307.14 billion in the first nine months of 2024, ...

Containerized Edge data center firm Armada is deploying its pods at a number of sites for Saudi oil giant Aramco. Aramco Digital, Armada, and Microsoft this week announced a collaboration to deploy ...