KUALA LUMPUR (Reuters) -- Malaysia's Prime Minister Najib Razak announced on Monday that Saudi Arabia's state oil company Saudi Aramco will invest $7 billion into an oil refinery and petrochemical project in Malaysia's southern state of Johor.





http://www.hydrocarbonprocessing.com/news/2017/02/saudi-aramco-to-invest-7-b-in-petronas-rapid-oil-refinery









Shell plans to split Motiva JV with Saudi Aramco..

Shell Oil Co, the US unit of Royal Dutch Shell Plc, said on Monday it expects to divide the refineries and other assets of the Motiva Enterprises joint venture with co-owner Saudi Aramco in the second quarter of 2017.









SK Innovation to invest up to $2.5 B in 2017 to boost growth


      

 SK Innovation Co Ltd, which owns South Korea's top refiner SK Energy, said on Sunday                                          it will spend up to $2.49 billion in chemicals, oil exploration and battery businesses to boost its global growth.


 http://www.hydrocarbonprocessing.com/news/2017/01/sk-innovation-to-invest-up-to-25-b-in-2017-to-boost-growth






Total and CNPC sign Iran South Pars deal

Project will see US$6bn invested in oil field





THE National Iranian Oil Company (NIOC) has signed an agreement with Total, China National Petroleum Corporation (CNPC), and its own subsidiary Petropars to develop phase 11 of the South Pars gas field (SP11) in the Persian Gulf.



http://www.thechemicalengineer.com/latest%20news/2016/november/total-and-cnpc-sign-iran-south-pars-deal



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