Aramco exits Malaysia’s PRefChem as PETRONAS takes full control of the Johor refining and petrochemical complex in a strategic downstream portfolio shift.

KUALA LUMPUR, May 25 — Petroliam Nasional Bhd (Petronas) and Saudi Arabian Oil Company (Aramco) today announced the signing of an agreement for the transfer of the latter’s...

Aramco exits Malaysia’s PRefChem as PETRONAS takes full control of the Johor refining and petrochemical complex in a strategic downstream portfolio shift.