company:saudi aramco

Des attaques de drones revendiquées par les rebelles houthistes visent des installations pétrolières saoudiennes
▻https://www.lemonde.fr/international/article/2019/05/14/arabie-saoudite-des-installations-petrolieres-visees-par-une-attaque-de-dron

https://img.lemde.fr/2019/04/23/291/0/3500/1750/1440/720/60/0/c7aa122_FW1_OPEC-OIL-GULF_0423_11.JPG

Les rebelles houthistes, contre qui l’Arabie saoudite mène une guerre depuis 2015 au Yémen, ont revendiqué ces attaques, qui ont contraint Riyad à cesser ses opérations sur un oléoduc majeur.

Des installations pétrolières ont été la cible d’attaques de drones, mardi 14 mai, en Arabie saoudite, contraignant Ryad à interrompre ses opérations sur un oléoduc majeur du royaume. Ces attaques ont été revendiquées par les rebelles houthistes pro-iraniens au Yémen voisin, où des forces saoudiennes aident le pouvoir dans sa guerre contre ces insurgés.

Tôt mardi, deux stations de pompage ont été visées par des « drones armés », ce qui a provoqué un « incendie » et des « dégâts mineurs » sur une station, avant que le sinistre ne soit maîtrisé, a rapporté Khaled Al-Falih, le ministre de l’énergie de l’Arabie saoudite, premier exportateur de pétrole au monde. Le géant pétrolier Saudi Aramco « a interrompu temporairement les opérations sur l’oléoduc » est-ouest reliant la Province orientale au port de Yanbu sur la mer Rouge, a-t-il ajouté, tout en précisant que la production et les exportations n’avaient pas cessé.

« Les derniers actes de terrorisme et de sabotage dans le Golfe visent non seulement le royaume mais aussi la sécurité des approvisionnements pétroliers dans le monde et l’économie mondiale, a averti M. Falih. Ces attaques prouvent une fois de plus qu’il est important pour nous de faire face aux entités terroristes, y compris les miliciens houthistes. »

Au Yémen, la chaîne de télévision des houthistes a fait état d’une « opération militaire majeure » avec « l’utilisation de sept drones » contre des « installations vitales » saoudiennes. Il s’agit d’une « réponse aux crimes » de Ryad au Yémen, a déclaré Mohammed Abdel Salam, porte-parole des houthistes, soutenus par l’Iran qui dément leur fournir des armes. « Notre peuple n’a pas d’autre choix que de se défendre de toutes ses forces. »

on cherchera vainement un quelconque élément de localisation.

Mark Zuckerberg Is Trying to Play You — Again
▻https://theintercept.com/2019/03/06/facebook-mark-zuckerberg-privacy

If you click enough times through the website of Saudi Aramco, the largest oil producer in the world, you’ll reach a quiet section called “Addressing the climate challenge.” In this part of the website, the fossil fuel monolith claims, “Our contributions to the climate challenge are tangible expressions of our ethos, supported by company policies, of conducting our business in a way that addresses the climate challenge.” This is meaningless, of course — as is the announcement Mark Zuckerberg made (...)

#Facebook #cryptage #manipulation #écoutes #BigData

https://theintercept.imgix.net/wp-uploads/sites/1/2019/03/GettyImages-1041178456-1551905285-e1551905328594.jpg

100 entreprises responsables de plus de 70 % des émissions mondiales de carbone - Sciences et Avenir
▻https://www.sciencesetavenir.fr/nature-environnement/100-entreprises-responsables-de-plus-de-70-des-emissions-mondiales-

https://www.sciencesetavenir.fr/assets/img/2017/07/13/cover-r4x3w1000-596770548c7ba-sipa-rex40272269-000001.jpg

« Sur les 635 milliards de tonnes d’équivalent CO2 issues des 100 plus gros producteurs, 32% peuvent être rattachés à des investissements publics, 9% à des investissements privés, et même 59% à des investissements nationaux », alerte le rapport. Parmi les sociétés privées les plus émettrices, on compte sans surprise ExxonMobil, Shell, BP, Chevron, Peabody, Total, ou BHP Billiton. Du côté des entreprises nationalisés, on compte évidemment l’Arabie Saoudite, la Russie, la Chine, ou encore l’Inde, avec Saudi Aramco, Gazprom, National Iranian Oil, Coal India, Pemex, et CNPC (PetroChina). Enfin, la production de charbon en Chine a été agrégée en incluant divers acteurs comme Shenhua Group, Datong Coal Mine Group, ou encore China National Coal Group. Au total, le charbon chinois est responsable de plus de 14% des émissions globales de gaz à effet de serre !

No Saudi #Aramco IPO? No problem, potentially, for Saudi Arabia’s investment dreams
▻https://www.nytimes.com/2018/08/24/business/dealbook/saudi-arabia-aramco-ipo.html

https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2018/06/04/105249216-RTX67GWW.1910x1000.jpg

The world’s largest initial public offering is on hiatus. The spending it was to enable may not be.

Saudi Arabia planned to take its giant oil company, Saudi Aramco, to the public markets. It was to be the linchpin of a grand economic vision, generating billions of dollars to pay for future-proofing the kingdom’s economy, including huge investments in technology.

It is now postponed, leaving a large funding shortfall. But Saudi Arabia is pursuing alternative transactions that could ensure its dreams aren’t dashed:

• Saudi Aramco is in discussions to buy a large stake in Sabic, a publicly traded chemical company. Sabic’s controlling shareholder is Saudi Arabia’s sovereign wealth fund, the Public Investment Fund. While the size of that potential acquisition is unclear, media reports say it could be as big as $70 billion.

• The Public Investment Fund is in talks to raise $11 billion in bank loans from international lenders, according to The Financial Times. It would be the first time the sovereign wealth fund borrowed money.

• Saudi Aramco could still sell a stake in itself. Big companies in China and Russia reportedly expressed interest in an investment in the past. It isn’t clear how much a sale would raise, but it would almost certainly run to billions of dollars.

The Saudi government planned to sell about 5 percent of Saudi Aramco on public stock markets. If the oil giant could have fetched a $2 trillion valuation — and there has been skepticism over that figure — the kingdom would have received roughly $100 billion.

The three new moves, if they were to happen, could yield almost as much as Saudi Aramco’s I.P.O. would have. The Saudi government would then have the financial firepower to pursue its grand economic goals, collectively known as #Vision_2030.

That means money to invest in Silicon Valley start-ups. Or to create a giant new city that runs on clean energy and robots.

Or to even help Elon Musk take Tesla private. Saudi Arabia already has a nearly 5 percent stake in the carmaker, and Mr. Musk has said it is interested in helping fund a buyout. But the Public Investment Fund has yet to send such a signal, and is reportedly in talks to invest in a Tesla rival.

#arabie_saoudite

Saudi Arabia suspends oil exports through Red Sea lane after Houthi attack | Reuters
▻https://uk.reuters.com/article/uk-yemen-security/houthis-target-saudi-warship-off-yemen-coast-al-masirah-tv-idUKKBN1KF0WN

Top oil exporter Saudi Arabia said on Thursday it was “temporarily halting” all oil shipments through the strategic Red Sea shipping lane of #Bab_al-Mandeb after an attack on two big oil tankers by Yemen’s Iran-aligned Houthi movement.

Saudi Energy Minister Khalid al-Falih said in a statement sent by his ministry that the Houthis had attacked two Saudi Very Large Crude Carriers (VLCCs) in the Red Sea on Wednesday morning, one of which sustained minimal damage.

“Saudi Arabia is temporarily halting all oil shipments through Bab al-Mandeb Strait immediately until the situation becomes clearer and the maritime transit through Bab al-Mandeb is safe,” the statement said.

#Bab_el_Mandeb

Construction begins on Saudi Aramco shipyard joint venture
▻https://www.reuters.com/article/us-aramco-shipbuilding/construction-begins-on-saudi-aramco-shipyard-joint-venture-idUSKCN1GS1QG

Construction work has begun on a joint venture to build a shipyard on Saudi Arabia’s eastern coast, oil rig builder Lamprell Plc said in a statement on Friday.

The joint venture, International Maritime Industries (IMI), started operations after reaching agreement for a loan from the state-backed Saudi Industrial Development Fund (SIDF), the statement said.

The SIDF agreed in principle last year to provide 3.75 billion riyals ($1 billion) in financing for the project.

IMI is a partnership between United Arab Emirates-based Lamprell, state oil giant Saudi Aramco, National Shipping Co of Saudi Arabia (Bahri) and South Korea’s Hyundai Heavy Industries Co.

An Aramco executive will be chief executive of the project, which Aramco has previously said will cost more than 20 billion riyals ($5.3 billion).

Lamprell’s anticipated total equity contribution over the construction period is up to $140 million, the statement said.

The nearly 12 million square-meter facility is planned to have an annual capacity to manufacture four offshore rigs and over 40 vessels, including three Very Large Crude Carriers (VLCCs), and service over 260 maritime products.

#Ras_Al-Khair cf. ▻https://seenthis.net/messages/621275

ANALYSIS-How soaring US oil exports to China are transforming the global oil game
▻https://af.reuters.com/article/africaTech/idAFL8N1PV014

The transformation is reflected in figures released in recent days that shows the U.S. now produces more oil than top exporter Saudi Arabia and means the Americans are likely to take over the No.1 producer spot from Russia by the end of the year. C-OUT-T-EIA

The growth has surprised even the official U.S. Energy Information Administration, which this week raised its 2018 crude output forecast to 10.59 million bpd, up by 300,000 bpd from their last forecast just a week before.
[…]
The U.S. supplies will help reduce China’s huge trade surplus with the U.S. and may help to counter allegations from U.S. President Donald Trump that Beijing is trading unfairly.
[…]
The flood of U.S. oil may even change the way crude is priced.

Most OPEC producers sell crude under long-term contracts which are priced monthly, sometimes retro-actively. U.S. producers, by contrast, export on the basis of freight costs and price spreads between U.S. and other kinds of crude oil.

This has led to a surge in traded volumes of U.S. crude futures, known as West Texas Intermediate (WTI), leaving volumes of other futures like Brent or Dubai far behind.

“Buyers, like sellers of U.S. oil, started hedging WTI,” said John Driscoll, director of Singapore-based consultancy JTD Energy Services.

Despite all these challenges to the traditional oil order, established producers are putting on a brave face.

“We have no concern whatsoever about rising U.S. exports. Our reliability as a supplier is second to none, and we have the highest customer base with long-term sales agreements,” said Amin Nasser, president and chief executive officer of Saudi Aramco, Saudi Arabia’s state-owned oil behemoth.

Saudi Arabia Looks To Shelve #Aramco IPO | OilPrice.com
▻http://oilprice.com/Energy/Crude-Oil/Saudi-Arabia-Looks-To-Shelve-Aramco-IPO.html

Oil giant Saudi Aramco is thinking about reneging on its much talked about plans to publicly list a 5% stake in the company, Financial Times sources said on Friday.

Saudi Aramco Awards First Major Contract for $5 Billion Maritime Yard in Gulf – gCaptain
▻http://gcaptain.com/saudi-aramco-awards-first-major-contract-for-persian-gulfs-5-billion-marit

http://3kbo302xo3lg2i1rj8450xje.wpengine.netdna-cdn.com/wp-content/uploads/2017/08/cq5dam.web_.960.540.jpg

Saudi Aramco has signed the first major contract for Saudi Arabia’s $5.2 billion maritime and shipbuilding complex planned for the Persian Gulf.

The contract was awarded to a consortium of Saudi Archirodon Company Ltd and Huta Hegerfeld AG Saudia Company for dredging, reclamation and marine structures for the King Salman International Complex for Maritime Industries and Services in #Ras_Al-Khair, located just north of Jubail on Saudi Arabia’s east cost.

The scope of the contract includes dredging and reclamation of approximately 37 million cubic meters of fill, in addition to 7.4 million square meters ground improvement. The contract will also provide for constructing 4,500 linear meters of concrete quay walls and wharves, in addition to 12,000 linear meters of rock retaining walls and breakwaters to protect the integrity of the complex, Saudi Aramco said in a press release. Execution of the initial phase of the contract is expected to be completed by 2020.

Media round up on Egyptian economy - March/April 2016 - CEDEJ - Égypte
▻http://www.cedej-eg.org/spip.php?article898&var_mode=calcul

Saudi-Egyptian business relations

On the 7th April, Saudi Arabia’s King Salman arrived in Cairo for an exceptional five-day visit in Egypt. According to a press release of the International Cooperation Minister Sahar Nasr, both countries signed agreements accounting to US$25 billion during Salman’s stay in Egypt. Furthermore, they agreed on the creation of a 60 billion riyals (approx. US$16 billion) investment fund, infrastructure investments and the creation of an economic free zone in Sinai.
The highlight of the visit was the announcement of the construction of a bridge across the Red Sea, connecting Egypt and Saudi Arabia with a motorway. The bridge, which will be named after the Saudi King Salman, is intended to foster trade relations between the two countries.
The Egyptian presidency further announced that Egypt would return the islands of Sanafir and Teeran in the Red Sea to Saudi Arabia.

Ahead of the visit, the Saudi company Saudi Aramco concluded a US$23 billion deal with the Egyptian General Petroleum Corp over the provision of petroleum products to Egypt within the coming five years.

Together with the investments announced during King Salman’s visit, business relations between Saudi Arabia and Egypt brought up projects worth approximately US$45.65 billion in April alone. According to experts, the agreements are believed to be part of a new policy regarding Saudi financial aid to Egypt, focusing on loans instead of interest-free financial support.

Largest U.S. refinery now belongs to Saudi Arabia
▻http://www.usatoday.com/story/money/markets/2016/03/19/largest-us-refinery-now-belongs-saudi-arabia/81974062

Royal Dutch Shell and Saudi Aramco appear to be getting a divorce, breaking up their joint venture in U.S.-based refining assets.

The two companies joined together to create Motiva Enterprises LLC in 1998, a 50-50 joint venture that operated three refineries on the U.S. Gulf Coast. But Shell and Saudi Aramco have seen their interests head in different directions. “It is now time for the partners to pursue their independent downstream goals,” said Abdulrahman Al-Wuhaib, a senior vice president of Saudi Aramco’s downstream unit.
[…]
The two companies signed a nonbinding letter of intent, a plan that would divide up Motiva’s refineries between them. The refineries have a combined capacity of 1.1 million barrels per day and are all located close to each other. The breakup will allow Saudi Aramco to take over the Port Arthur refinery and 26 distribution terminals, and Aramco will also hold onto the Motiva brand name. Shell will take over the other two refineries, Convent and Norco, both located in Louisiana. Shell said that it would operate the two refineries as one plant with a combined throughput of 500,000 barrels per day.

Saudi to restructure its oil giant Aramco - Al Arabiya News

▻http://english.alarabiya.net/en/2015/05/01

Saudi Arabia approved on Friday the restructuring of the kingdom’s oil giant Aramco, a move that will see it separated from the oil ministry, sources told Al Arabiya News Channel.

The country’s Supreme Economic Council approved the restructure plan that had been proposed by Deputy Crown Prince Mohammad bin Salman.

The restructuring comes soon after Saudi King Salman bin Abdulaziz announced a major government reshuffle.

Prince Mohammad bin Salman, also minister of defense, was appointed as the deputy crown prince earlier this week. King Salman also appointed Saudi Aramco’s chief executive Khaled Al-Falih as chairman of the state oil firm and health minister.

In a statement on Wednesday, Aramco described Falih as the outgoing CEO and president, and also as chairman of its board of directors.

The state-owned giant is a world leader in crude exports. Aramco is involved in hydrocarbons exploration, production, refining, distribution, shipping and marketing.❞