September 15th 2025
Once operational, the project will capture up to 800,000 tons of CO2 per year for permanent sequestration beneath the North Sea via the Northern Lights facility.
Aramco is Pushing into Chinese Space Through Purchase of 10% Stake in Rongsheng Petrochemical
March 27th 2023Aramco will acquire a 10% stake in Rongsheng Petrochemical for $3.6 billion, enhancing downstream operations in China and supplying a combined total of 690,000 barrels per day (bpd) of crude through strategic partnerships with Rongsheng and the HAPCO joint venture.