Channel NewsAsia | Saudi Aramco to invest RM31b in Petronas' RAPID oil refinery The Star Online KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak announced on Monday that Saudi Arabia's state oil company Saudi Aramco will invest US$7bil (RM31bil) into an oil refinery and petrochemical project in Johor. Najib said the decision was made ... Malaysia's Petronas, Saudi Aramco to enter US$7b oil refinery deal Saudi state oil company takes significant stake in Malaysia refinery Malaysia says Saudi Aramco will invest $7 billion in oil hub |