NOTES:
Saudi Aramco has closed on its purchase of a 17% position in South Korean refiner Hyundai Oilbank for $1.2 billion. Aramco is looking to boost its owned refining capacity from 5 Mmbbl/d to 10 Mmbbl/d, with Oilbank owning 0.65 MMbbl/d in capacity.
REGIONS:
Asia