Saudi Arabia's state-owned oil giant Aramco will invest billions of dollars in China's downstream petrochemicals industry, including the construction of a new refinery, the company said in deals announced Sunday and Monday.
The announcements came as the company posted a record profit of more than US$160 billion in 2022 and as Saudi Arabia, a longtime U.S. ally, has developed closer ties with Beijing in recent years.
Aramco will acquire a 10% interest in China's Rongsheng Petrochemical Co. Ltd,, a purchase valued at $3.6 billion. Under a long-term sales agreement, Aramco will supply 480,000 barrels per day to Rongsheng affiliate Zhejiang Pettroleum and Chemical Co. Ltd., which owns and operates China's largest refining and chemicals complex.
"This announcement demonstrates Aramco's long-term commitment to China and belief in the fundamentals of the Chinese petrochemicals sector," Aramco executive vice president Mohammed Al Qahtani said in a statement. "It also promises to secure a reliable supply of essential crude to one of China's most important refiners."
On Sunday, Aramco announced plans to construct a new refinery and petrochemical complex in northeastern China through a joint venture. Aramco, which holds a 30% stake in the Huajin Aramco Petrochemical Company, would supply 210,000 barrels per day of crude to the complex.
Saudi Arabia has cultivated closer ties with both Russia and China in recent years. Earlier this month, Saudi Arabia and Iran agreed to restore diplomatic ties for the first time since 2016 in a deal brokered by Beijing even as Riyadh announced a massive contract to buy commercial planes from U.S. manufacturer Boeing.
A U.S.-based food manufacturer that supplies frozen waffles to major grocery chains across North America has launched a voluntary recall over concerns its products carry the potential for illness.
An Indigenous senator told King Charles III that Australia is not his land as the royal visited Australia's parliament on Monday.
It was a typical Wednesday evening for Noland Keaulana, who was fixing his truck at his grandparents’ house when he received an alert on his phone about a 17-year-old missing off the Honolulu coast.
Cuba's widespread blackouts stretched into their fourth day as Hurricane Oscar crossed the island's eastern coast with winds and heavy rain.
A woman has been found dead in the aftermath of an atmospheric river that caused flooding and a mudslide in the Metro Vancouver city of Coquitlam over the weekend.
High grocery and rental costs are squeezing lower-income Canadians even as inflation trends downward, a new survey suggests.
A cat rescue southwest of Ottawa is under investigation after allegations of abuse, neglect and falsified medical records have surfaced.
After waiting 15 years, Canadian Abousfian Abdelrazik will finally get the chance to hold the federal government accountable for its alleged complicity which led to his imprisonment and torture in Sudan.
Mounties say a search is underway for an avid outdoorsman who has disappeared in the wilderness of northern British Columba.
A woman has been found dead in the aftermath of an atmospheric river that caused flooding and a mudslide in the Metro Vancouver city of Coquitlam over the weekend.
A cat rescue southwest of Ottawa is under investigation after allegations of abuse, neglect and falsified medical records have surfaced.
A sentencing hearing resumed Monday for the Saskatchewan man who withheld his seven-year-old daughter from her mother for more than 100 days in 2021 and 2022 in an attempt to prevent her from getting a COVID-19 vaccine.
A 25-year-old Hamilton man who was shot after letting a six-year-old child play with his gun is facing charges, police say. That’s just one incident in what Hamilton police say has been a record year for shootings in the city.
High grocery and rental costs are squeezing lower-income Canadians even as inflation trends downward, a new survey suggests.
Ontario's provincial parliament will be a hive of activity today, as the legislature resumes sitting following a 19-week summer break.
Members of the 'Central Park Five' sued former President Donald Trump on Monday over "false and defamatory" statements they allege he made about their 1989 case during a presidential debate last month.
Eight people were confirmed dead and almost 20 missing after a boat whose passengers included villagers fleeing from fighting in Myanmar capsized in the Andaman Sea, a rescue worker and local media said Monday.
Jury selection began Monday in the criminal trial of the U.S. Marine Corps veteran charged with manslaughter for placing a man in a deadly chokehold on a New York City subway train last year.
South Korea on Monday demanded the immediate pullout of North Korean troops allegedly deployed in Russia as it summoned the Russian ambassador to protest deepening military cooperation between Pyongyang and Moscow.
Elon Musk has already committed at least US$70 million to help Donald Trump win the 2024 U.S. election. Now he's pledging to give away US$1 million a day to voters for signing his political action committee's petition backing the U.S. Coinstitution.
A U.S. and a Canadian warship sailed through the sensitive Taiwan Strait together on Sunday, less than a week after China conducted a new round of war games around the island, with Beijing denouncing the mission as 'disruptive.'
The House of Commons returns today from a week-long break, but it's unlikely to be business as usual.
India's High Commissioner to Canada denies any involvement in the murder of Canadian Sikh leader Hardeep Singh Nijjar, who was shot and killed in B.C. last year.
India's high commissioner to Canada — who has been expelled from the country — says while the economic relationship between Canada and India will likely be preserved, the political one is now characterized by 'mistrust.'
A U.S.-based food manufacturer that supplies frozen waffles to major grocery chains across North America has launched a voluntary recall over concerns its products carry the potential for illness.
The University Health Network (UHN) is making masks mandatory as respiratory illness season ramps up.
A Quebec-based religion says Health Canada is dragging its feet on a decision whether to allow members to use magic mushrooms in their ceremonies.
In the fight against cyber attackers, they reason AI can help just as much as it harms.
The image of a sleepy Saskatchewan small town with 'not a lot going on' is a well-known anecdote. However, one Saskatchewan company is hoping to change that – and allow communities both on and off the beaten path to share their stories and advertise what they have to offer.
A Newfoundland scientist known for identifying a gelatinous, rancid mass that washed up on the island's shores decades ago is hoping to get his hands on a slice of the strange white globs appearing on the province's beaches.
London’s Hyde Park was one of the several sites around the world this weekend for an outpouring of love, grief and recollection in honor of Liam Payne, the former One Direction boy band member who tragically fell to his death at a hotel in Buenos Aires last week at the age of 31.
Jennifer Lawrence will soon be a mom of two. The Oscar-winning actress is pregnant with her second child, a representative for Lawrence told Vogue on Sunday.
The Canadian pop-punk band Simple Plan will be the subject of a forthcoming documentary on Prime Video, which is slated to debut sometime next year.
Nearly six months after its opening, the Trans Mountain pipeline expansion is boosting Canada's energy sector as promised — but questions still linger about who will pay for the project's massive cost overruns.
High grocery and rental costs are squeezing lower-income Canadians even as inflation trends downward, a new survey suggests.
The federal government is expected to boost the minimum hourly wage that must be paid to temporary foreign workers in the high-wage stream as a way to encourage employers to hire more Canadian staff.
At 2 p.m. on Thursday, the scene at the Lions Club in Clarenville, N.L., rivalled any rowdy St. John's bar that thumps with music late on a weekend night.
The retired elementary teachers, Tony and Francine Smarrelli, originally from Syracuse, New York, resolved to leave the U.S. and move to Italy for good. They say they’ve cut back nearly US$3,000 per month on expenses, which amounts to US$36,000 a year, since moving there permanently.
Hortense Anglin was the oldest graduate to make her way across the platform at York University's Fall Convocation ceremony this week. At the age of 87, she graduated with an Honours degree in Religious Studies.
Two-time Olympian Sarah Pavan announced her retirement Monday, ending a 25-year volleyball career that included play in both indoor team competition and the beach volleyball discipline.
Mats Sundin registered 420 goals and put up 987 points in his 981 regular-season games with Toronto. Star centre and current captain Auston Matthews, who scored an outrageous 69 times in 2023-24, sat just 50 goals back heading into Monday's action.
The New York Liberty finally have a WNBA championship after beating the Minnesota Lynx 67-62 in overtime of a decisive Game 5 on Sunday night.
An increased risk of fire has prompted the recall of thousands of Honda hybrid vehicles in Canada.
The U.S. government's road safety agency is investigating Tesla's 'Full Self-Driving' system after getting reports of crashes in low-visibility conditions, including one that killed a pedestrian.
Canada’s border guards have seized more than 1,900 stolen cars so far this year at railyards and ports, which is over a hundred more than in 2023.
A Springfield, Ont. man is being hailed a 'hero' after running into his burning home to save his two infant children.
Hortense Anglin was the oldest graduate to make her way across the platform at York University's Fall Convocation ceremony this week. At the age of 87, she graduated with an Honours degree in Religious Studies.
Looking for a scare with good intentions this Halloween season? The ghosts and ghouls of Eganville, Ont. invite families to tour the Haunted Walk at Lekbor Manor.
The image of a sleepy Saskatchewan small town with 'not a lot going on' is a well-known anecdote. However, one Saskatchewan company is hoping to change that – and allow communities both on and off the beaten path to share their stories and advertise what they have to offer.
A Moncton, N.B., home has been donated to the Friends of The Moncton Hospital Foundation and will be transformed into a resource hub for people living with cancer.
A Nova Scotia man crossing Canada on foot is passing through southwestern Ontario. Trevor Redmond is perhaps better known as the ‘Fellow in Yellow.’
John Cantin vividly remembers opening day for his Victoria diner. Stress levels were high, tables were full, and one of the most popular menu items couldn’t be freed from the unyielding grip of the waffle maker.
A Manitoba professor is warning the public after a book on regional mushrooms that he suspects is AI-generated was delisted from Amazon.
A B.C. judge has issued a decision in a years-long dispute between neighbours that began with a noise complaint over barking dogs, crowing roosters and quacking ducks – awarding $15,000 in damages to the plaintiffs in the case.
A woman has been found dead in the aftermath of an atmospheric river that caused flooding and a mudslide in the Metro Vancouver city of Coquitlam over the weekend.
A police investigation is underway after a cyclist was struck and killed by a pickup truck while participating in an organized bicycle race on Vancouver Island.
Mounties say a search is underway for an avid outdoorsman who has disappeared in the wilderness of northern British Columba.
The University Health Network (UHN) is making masks mandatory as respiratory illness season ramps up.
A Durham police officer has been charged criminally after he allegedly failed to render medical assistance to a person in distress.
A 25-year-old Hamilton man who was shot after letting a six-year-old child play with his gun is facing charges, police say. That’s just one incident in what Hamilton police say has been a record year for shootings in the city.
Three people were sent to hospital following a crash on Peigan Trail Monday morning.
The City of Calgary says road crews are preparing for Monday's snowfall.
A new 80,000 sq ft entertainment venue, featuring gaming, sports, movies and dining, is set to open in Southcentre Mall soon.
A cat rescue southwest of Ottawa is under investigation after allegations of abuse, neglect and falsified medical records have surfaced.
As federal employees head into the office three days a week under the federal government's new hybrid work model, the City of Ottawa is only requiring its hybrid employees to be in the office a minimum of two days a week.
Mayor Mark Sutcliffe says the City of Ottawa is taking a "couple of important steps" to reduce heavy truck traffic in the village of Manotick, including banning transport trucks on a section of Manotick Main Street immediately.
A Quebec-based religion says Health Canada is dragging its feet on a decision whether to allow members to use magic mushrooms in their ceremonies.
A 65-year-old Repentigny man is facing charges after allegedly drunkenly firing a shotgun in his apartment and injuring a young woman who was sleeping in her bed two floors above.
Home renovation experts and Hydro-Quebec said homeowners can take a number of steps to decrease their consumption and save money over the winter.
Edmonton Public Schools support workers will go on strike on Thursday.
A Stony Plain basketball coach has pleaded guilty to child pornography charges.
Police in Fort McMurray are investigating after a teepee in front of a local school was vandalized.
New Brunswickers will cast their votes today in what is predicted to be a tight provincial election.
Halifax Regional Police are investigating the 'sudden death' of a 19-year-old female employee at a Walmart in the city over the weekend.
A very fair and mild October weekend allowed for a few recording-setting high temperatures in the Maritimes.
A 13-year-old boy has been seriously injured in a shooting in northern Manitoba.
A 17-year-old girl is facing charges in connection with a machete attack involving two teenage boys outside a Winnipeg school.
A U.S.-based food manufacturer that supplies frozen waffles to major grocery chains across North America has launched a voluntary recall over concerns its products carry the potential for illness.
SaskPower is warning customers of an email scam currently making the rounds.
A construction firm has pled guilty in the case of a serious workplace injury in 2023 near Moose Jaw.
A sentencing hearing resumed Monday for the Saskatchewan man who withheld his seven-year-old daughter from her mother for more than 100 days in 2021 and 2022 in an attempt to prevent her from getting a COVID-19 vaccine.
Two-time Olympian Sarah Pavan announced her retirement Monday, ending a 25-year volleyball career that included play in both indoor team competition and the beach volleyball discipline.
A 25-year-old Hamilton man who was shot after letting a six-year-old child play with his gun is facing charges, police say. That’s just one incident in what Hamilton police say has been a record year for shootings in the city.
A U.S.-based food manufacturer that supplies frozen waffles to major grocery chains across North America has launched a voluntary recall over concerns its products carry the potential for illness.
A Saskatoon LGBTQ+ advocate says if the Saskatchewan Party's proposed change room policy had been in place when he was a kid, he would not have survived high school.
A sentencing hearing resumed Monday for the Saskatchewan man who withheld his seven-year-old daughter from her mother for more than 100 days in 2021 and 2022 in an attempt to prevent her from getting a COVID-19 vaccine.
Canada's top court has struck down a driving prohibition handed to a Saskatchewan man convicted in a fatal highway crash.
A 29-year-old man believed to be carrying a loaded pistol is wanted on Manitoulin Island by Anishnaabe police who say they suspect he fled to Sagamok First Nation.
Two suspects are accused of assaulting and threatening a man with a baseball bat before stealing his wallet and cellphone, forcing him to sign a bill of sale for his vehicle.
A vehicle with a strong smell of cannabis on Frood Road caught the attention of patrol officers Sunday night and resulted in a drug bust worth nearly $50,000, police say.
Around 10 p.m. on Oct. 17, police said a teenaged girl met a man in the area of Clarke Road and Wavell Street. The two people struck up a conversation and walked together to the east side of a school in the area.
Around 11 a.m. on Oct. 18, police said a man went into a business on Southdale Road east near Jalna Boulevard where he took product from inside the store and tried to leave without paying.
A Springfield, Ont. man is being hailed a 'hero' after running into his burning home to save his two infant children.
The unprecedented civilian court prosecution of a Canadian soldier accused of sexual assault and forcible confinement against a female military member while at Canadian Forces Base Borden in 2018 has gone to trial.
Officials say a candle caused a fire that destroyed a mobile trailer in Oro-Medonte early Friday morning.
A man who stole car fobs returned for the real thing and got a nasty surprise.
Liberation Zone members, along with the University of Windsor Students Alliance, will hold a news conference Monday at 1 p.m.
Windsor police officers have arrested a suspect and seized four shotguns after an investigation.
A recent operation conducted by the RCMP and OPP has led to the seizure of $100,000 of illegal drugs in Essex County.
A police investigation is underway after a cyclist was struck and killed by a pickup truck while participating in an organized bicycle race on Vancouver Island.
The atmospheric river event that brought heavy downpours and flooding to B.C.’s South Coast over the weekend has come to an end, but not before smashing a number of records.
Mounties say a search is underway for an avid outdoorsman who has disappeared in the wilderness of northern British Columba.
Dave Lindsey began growing giant pumpkins to bring a bit of magic to his grandkids' Halloween.
A U.S. District Court judge in Montana has sentenced a 27-year-old man from Kelowna, B.C., to 18 months in prison for using fake names to buy guns with the aim of selling them in Canada.
Nearly two years after a man was stabbed to death in downtown Kelowna, RCMP have made an arrest in the case.
Calgary scored three times in the first, and three times in the third as the Hitmen defeated the Lethbridge Hurricanes 6-1 Saturday at the Saddledome.
The last students to graduate from Lethbridge College will make history this weekend as they cross the stage at fall convocation.
While the start to fall has seen above-average temperatures for much of southern Alberta, the first chance of winter is in the forecast for Monday evening, which has many in Lethbridge preparing.
The owners of 73 vacant properties in the Sault have been fined for violations of the city's vacant properties bylaw, including 33 owned by a firm going through a high-profile insolvency process.
Three young children were unhurt when a vehicle they were in crashed into a ditch Oct. 14 in Sandy Lake First Nation in northwestern Ontario.
A 29-year-old man believed to be carrying a loaded pistol is wanted on Manitoulin Island by Anishnaabe police who say they suspect he fled to Sagamok First Nation.
Police in western Newfoundland say a 77-year-old man visiting the province from Kansas is missing after a fire at a hotel in Deer Lake, N.L.
At 2 p.m. on Thursday, the scene at the Lions Club in Clarenville, N.L., rivalled any rowdy St. John's bar that thumps with music late on a weekend night.
A Newfoundland scientist known for identifying a gelatinous, rancid mass that washed up on the island's shores decades ago is hoping to get his hands on a slice of the strange white globs appearing on the province's beaches.
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