Petronas

Saudi Arabia's Aramco to invest $7 bln in Malaysia oil refinery

Saudi Arabia's Aramco will invest $7 billion in a giant Malaysian oil refinery project, Prime Minister Najib Razak said Monday, as he declared ties with the kingdom were "at an all-time high."
The deal between Aramco and Malaysia's Petronas for the $27 billion project will be signed on Feb. 28, the prime minister said.