Skip to content Skip to Search
Skip navigation
Petrochemicals
Company Insights

Sabic

Sabic News

To get ahead, plastics producers need to be running in circles

The volume of plastics produced globally every year has soared over the past half century, from 15 million tonnes in 1964 to more than 300 million tonnes today. This figure is forecast to double again over the next two decades and nearly quadruple by 2050. But synthetic polymers have one major drawback: they generally take […]

Saudi Aramco CEO Amin Nasser predicted growth in oil demand of around 1.5m bpd in 2024, which is less optimistic than Opec's forecast

Aramco’s Nasser: a homegrown engineer who reached the top

At an industry event this year in Riyadh, the Saudi energy minister paused at about 9pm in front of some 1,000 people and told them it was bedtime for Amin Nasser, the chief executive of state-owned oil producer Saudi Aramco. He was not joking. Over a career of four decades, Nasser has earned a reputation […]

Aluminium Bahrain BSC is the first aluminium smelter in the Middle East

Alba confirms it is ‘exploring’ listing in Saudi Arabia

Bahrain’s sovereign wealth fund Mumtalakat is considering a secondary listing of Aluminium Bahrain BSC (Alba) on Saudi Arabia’s Tadawul stock market. Alba said in a statement to the Bahrain Stock Exchange yesterday it is “exploring various opportunities, one of which is a potential secondary listing on Saudi Arabia’s Stock Exchange which is currently under evaluation […]

Saudi Aramco: The rise of an oil giant

1933: Oil concession agreement signed 1935: The first test well is drilled into the Dammam Dome 1939: First tanker load of petroleum exported 1949: Oil production hits 500,000 bpd 1958: Oil production exceeds 1 million bpd annually 1962: Crude oil production hits 5 billion barrels 1976: First to produce more than 3 billion barrels of […]

Office Building, Building, Architecture

Saudi oil giants lead on march to net zero

Aramco and Sabic commit to big investments in technology to combat emissions from hydrocarbons Oil industry heavyweights from Saudi Arabia have pledged to pursue a green energy transition against a backdrop of robust energy prices, with Brent currently hovering at around $110 a barrel of oil. Officials from Saudi Aramco and Saudi Basic Industries Corporation, […]

City, Town, Urban

‘We’re serious about net zero’ says Saudi’s PIF chief

PIF establishing new hydrogen company Fund plans to develop 70 percent of renewable energy targets Kingdom to phase out almost all liquids Saudi Arabia’s Public Investment Fund (PIF) is committed to achieving its goal of developing 70 percent of the kingdom’s renewable energy by the end of the decade, PIF’s governor confirmed today. Despite it […]