DHAHRAN, Saudi Arabia and THE HAGUE, The Netherlands, September 18, 2019

Saudi Arabian Oil Company (Saudi Aramco) has completed the acquisition of Shell Saudi Arabia Refining Limited’s (Shell) 50% interest of the SASREF joint venture in Jubail Industrial City, in the Kingdom of Saudi Arabia, for $631 million.

• Downstream,
• Financial Performance,
• Performance,
• Profitable Growth,
• SASREF,
• Ventures

DHAHRAN, Saudi Arabia, August 12, 2019

Saudi Aramco today announced for the first time its half-year financial results. The Company’s net income was $46.9 billion for the first half 2019, compared to $53.0 billion for the same period last year. Earnings before interest and tax was $92.5 billion, compared with $101.3 billion a year earlier.

• Financial Performance,
• Investment,
• Performance,
• Profitable Growth

DHAHRAN, Saudi Arabia, April 21, 2019

The acquisition supports Saudi Aramco’s plan to increase the complexity and capacity of its refineries, as part of its long-term Downstream growth strategy.

• Downstream,
• Financial Performance,
• Investment,
• Performance,
• Profitable Growth,
• SASREF,
• Ventures

DHAHRAN, Saudi Arabia and SEOUL, April 15, 2019

The investment supports Saudi Aramco’s broader downstream growth strategy, as well as providing long term crude oil options and offtakes as part of our trading business.

• Downstream,
• Financial Performance,
• Investment,
• Performance,
• Profitable Growth,
• Refining

RIYADH, Saudi Arabia, March 27, 2019

Currently, Saudi Aramco and SABIC have petrochemicals production capacity of 17 and 62 million tons per annum respectively.

• Chemicals,
• Downstream,
• Financial Performance,
• Investment,
• Performance,
• Profitable Growth

AMSTERDAM, Netherlands, December 31, 2018

Saudi Aramco, a world-leading integrated energy and chemicals company; and LANXESS AG, a leading German specialty chemicals company, announced today the completion of Saudi Aramco’s acquisition of LANXESS‘s interest in ARLANXEO Holding B.V.

• ARLANXEO,
• Chemicals,
• Downstream,
• Financial Performance,
• Performance,
• Profitable Growth,
• Ventures

RIYADH, Saudi Arabia, October 23, 2018

Agreements and commercial collaborations cover several sectors across energy industry, will further promote localization and diversification of the Saudi economy

• Financial Performance,
• Investment,
• Performance,
• Profitable Growth