Saudi Aramco, the world’s largest oil exporting company, has begun preliminary discussions with Jiangsu Eastern Shenghong, to acquire a 10 per cent equity stake in the China-based energy company’s petrochemical subsidiary. As per the co-operation framework agreement signed between the two companies, Aramco “intends to become a strategic investor in ...
See Details: Saudi Aramco in talks to acquire 10% stake in Chinese refiner Shenghong