Fill’er Up

China still has a way to go before it is as important a market for crude and refined products as the US. But neither Saudi Arabia nor ExxonMobil go around building brand-new refineries just anywhere. Saudi Aramco’s Chief Executive Abdullah Jumah left no doubt about his commitment to relations with China when he told guests in Beijing Monday: “The bonds that join us are one of the most important energy relationships on the planet.” At an industry reception in the wake of a groundbreaking ceremony for the joint venture refinery and petrochemicals expansion at Fujian, Jumah pledged his company’s long-term … Continue reading Fill’er Up