Two shareholders of Synenco Energy refused to tender their combined 24 percent stake to Total SA’s C$471 million ($466 million) takeover bid, thereby putting the deal in danger. For more information on this news, visit here
Total and Saudi aramco will construct 400,00 barrels/day refinery in Jubail by the name of Jubail Refining and Petrochemicals company. Mr. Abdallah S. Jum’ah, President and CEO of Saudi Aramco, was quoted as saying: The Jubail refinery reflects the leadership of Saudi Aramco and Total in our strategic alliance to address the existing mismatch between [...]
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