The Saudi Arabian Oil Company announced its financial results for the second quarter of 2022, posting a 90% year-on-year increase in net income and declaring a dividend of US$18.8bn to be paid in the third quarter

AVEVA, a global leader in industrial software, has introduced the AVEVA Unified Supply Chain, Schedule AI Assistant, making refinery scheduling easier and more efficient

Mitsubishi Power has signed a full turnkey contract with Egypt’s Alexandria National Refining & Petrochemicals Company (ANRPC) to provide advanced hydrogen fuel conversion technology solutions, supporting the company to achieve its decarbonisation goals

Saudi Arabian Oil Company (“Aramco”) has collaborated with Thailand’s national oil company PTT, as it expands its downstream presence in Asia

R&D efforts in the GCC’s petrochemicals and chemicals sector will focus on processes to reduce the carbon footprint and environmental impact of production, as well as innovation in product applications, company services and business models, says Patrick Cooke, managing editor, Middle East and Asia at Oxford Business Group