24 February 2026
24 February 2026
Aramco may export four to six cargoes per month from Yanbu port, each comprising around 500,000bbl.
Methanol-to-olefins (MTO), rapid industrialisation, and use of methanol as an alternative fuel drive the methanol demand.
Combining both portfolios is expected to create the largest independent energy company focused on Colombia.
The transaction involved joint acquisition with INR for a combined sum of $1.2bn in cash.
The company will handle the EPCI of a 48in trunkline at the Safaniya oilfield.
Eni indicated that combined production from the Ndungu and Agogo fields is expected to reach around 175,000bopd.
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