Saudi Arabia’s Yasref Refinery obtains US$4.7bn loan

yasrefThe Yanbu Aramco Sinopec Refining Company Limited (Yasref) has announced the signing of unsecured corporate finance credit facilities in an amount equal to US$4.7bn to refinance an existing shareholders credit facility

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Saudi Aramco efforts to balance upstream and downstream industries in KSA

Jeff S. PhotoArt at Flickr oil refinerySaudi Aramco has revealed its efforts to strike a better balance between upstream and downstream industries in the Kingdom

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Saudi Aramco and SABIC plan joint refinery in Yanbu

refinery saudi danielwest sxcSaudi Aramco and Saudi Basic Industries Corporation (SABIC) plan to build a joint refinery in Yanbu that would produce chemical products directly from crude oil

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The fast growing hydrocarbon hub of Fujairah

Bill Dickinson flickr portFujairah is the third largest oil storage and petroleum products trading centre and second largest bunkering port in the world and is growing at an impressive rate

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Orpic secures US$3.8bn financing for Liwa Plastics project

orpicState-owned Oman Oil Refineries and Petroleum Industries Company (Orpic) has secured US$3.8bn in project financing for its Liwa Plastics Industries Complex

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