News
27 May 2026

Aramco exits Malaysia PRefChem refining venture

In:
Oil & gas
Region:
Asia-Pacific, Middle East & Africa

Petronas will take full ownership of PRefChem in Malaysia after Aramco agreed to transfer its equity stakes in the refining and petrochemical joint ventures. The transaction ends an eight-year downstream partnership in Southeast Asia. PRefChem will become a wholly owned subsidiary of the...

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