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- W3140143341 abstract "Middle Eastern national oil companies are plunging deeper into chemicals at a scale that they, no strangers to large projects, have not attempted before. Saudi Aramco recently pledged $100 billion over 10 years toward petrochemical projects. That alone is half of what all chemical companies spent in the US during the shale gas boom in the 2010s. At home, Aramco is planning an ethylene cracker with France’s Total. It is building an oil-to-chemicals complex, meant to produce chemicals—instead of fuels—from oil, with fellow state-owned Saudi firm Sabic. And Aramco and Sabic are in merger discussions. Abroad, Aramco plans to build one of the world’s largest oil-refining and chemical complexes in India at a cost of $44 billion. It may also construct an ethylene and aromatics project in Port Arthur, Texas, with refining affiliate Motiva Enterprises. Abu Dhabi National Oil Co. is investing $45 billion in chemicals with partners. It aims" @default.
- W3140143341 created "2021-04-13" @default.
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- W3140143341 date "2019-01-14" @default.
- W3140143341 modified "2023-10-16" @default.
- W3140143341 title "Middle Eastern oil companies to focus on chemicals" @default.
- W3140143341 doi "https://doi.org/10.1021/cen-09702-cover9" @default.
- W3140143341 hasPublicationYear "2019" @default.
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