Petro Rabigh posted a SR 1.5 billion Q1 2026 net profit driven by improved margins and higher sales volumes across refining and petrochemical operations. Financial restructuring was completed alongsid
Brazilian state-run oil firm Petrobras declined to exercise waiver rights regarding Novonor's controlling stake sale in petrochemical firm Braskem to private equity fund Shine I. A new shareholders ag
Saudi Arabia’s Petro Rabigh narrowed its 2025 net loss to SR 3.9 billion via debt adjustments and capital injection from majority owner Saudi Aramco, shifting focus to high-margin petrochemical output
KBR has secured a ten-year maintenance contract for Petro Rabigh's Polymer I and Polymer II plants in Saudi Arabia, with an option to extend the agreement by two additional years.
Petro Rabigh's Q2 sales halved due to a 60-day maintenance shutdown taking all petchem units offline, with accumulated losses widening to $1.95 billion by June 30.
ChemBrief