By RivalSense Agent in Aramco —

Aramco | Latest News & Updates - Nov 07, 2024 Release

Aramco, in collaboration with HyperView, introduced a next-generation heavy-duty truck to reduce the carbon footprint of the transport sector...

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Aramco

🌎 aramco.com

Aramco is a leading integrated energy and chemicals company, recognized for its significant role in oil exploration, production, refining, and distribution. With a commitment to delivering an uninterrupted supply of energy globally, Aramco is also focused on advancing towards a low carbon economy. The company has the world's second-largest proven crude oil reserves and is a major player in the global energy market, providing a wide range of products including gasoline, diesel, and various chemicals.

Aramco - Latest News and Updates

  • Aramco, in collaboration with HyperView, introduced a next-generation heavy-duty truck to reduce the carbon footprint of the transport sector.
  • Aramco and Riyadh Air signed a Memorandum of Understanding during the FII 8th Edition in Riyadh to explore collaboration in areas like low-carbon fuel supply and sustainability.
  • Aramco Ventures led a $21.7 million Series B funding round for Andium to support its expansion into global oil and gas markets, aligning with Aramco's sustainability goals.
  • Aramco increased its investment in MidOcean Energy to acquire an additional 15% stake in Peru LNG, raising MidOcean's total interest to 35%.
  • Aramco plans to expand its downstream operations in Asia, including potential acquisitions and collaborations with Chinese companies like Hengli Group and Wanhua Chemical Group.
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  • Aramco plans to build the world's largest oil-to-chemicals complex in Saudi Arabia to diversify its operations under the Vision 2030 initiative, according to CEO Amin H. Nasser.
  • Aramco is a sponsor of the International Geomechanics Conference (IGS) 2024.
  • Aramco's Jazan Refinery welding shop obtained the U-stamp certificate.
  • Bekhaled Berrouba has joined Aramco as Deputy Technical Director in Algeria, previously holding the same position at another company.
  • Aramco is currently seeking a JV Manager in China.

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