Aramco and Sinopec to Expand Petrochemicals Plant in Saudi Arabia

OPEC+ Struggles to Rein In Biggest Cheat Despite Saudi Arabia's Scolding

(Bloomberg) — Saudi Arabia’s oil supply shock has set up a standoff with OPEC+ members who keep busting their quotas, but the biggest of the offenders has yet to flinch.

OPEC+ Struggles to Rein In Biggest Cheat Despite Saudi Arabia’s Scolding

Saudi Arabia’s oil supply shock has set up a standoff with OPEC+ members who keep busting their quotas, but the biggest of the offenders has yet to flinch.

Aramco and Sinopec to Expand Petrochemicals Plant in Saudi Arabia

Saudi oil giant Aramco and China’s top refiner, Sinopec, will expand a joint venture petrochemicals complex in Saudi Arabia under an agreement signed on Wednesday. Aramco and China Petroleum & Chemical Corporation, as Sinopec is known, own the Yanbu Aramco Sinopec Refining Company (Yasref) on the west coast of Saudi Arabia, with Aramco holding 62.5% and Sinopec 37.5% in the venture. The companies signed on Wednesday a so-called Venture Framework…

Bloomberg: Wanting to pacify OPEC+ violators, the Saudis hit the US: EADaily

EADaily, April 8th, 2025. Saudi Arabia, led by OPEC+, played along with Donald Trump, who hit oil prices with the announcement of duties on goods from other countries. Riyadh wants to bring to the negotiating table the violators of the OPEC+ deal who exceed the established production quotas…