Saudi Arabian Oil Co. is in talks with two of China’s leading energy companies concerning several energy projects to help increase the Saudi state-owned oil group’s sales in Asia. The talks are at an advanced stage involving projects with China National Petroleum Corp. and China Petroleum & Chemical Corp., better known as Sinopec, said Khalid al-Falih, the chairman of the state-owned oil giant better known as Saudi Aramco. The projects include refineries in the city of Qingdao and in the provinces of Yunnan and Sichuan. “We are hoping for other projects with Sinopec, especially in China.,” Mr. Falih said on Wednesday. “We are hoping that Aramco will expand its investments in the refining, marketing and petrochemicals sectors.” The talks come as Saudi Arabia considers an IPO of Aramco that could include listing at least part of its exploration and production assets, creating the most valuable company in the world. […]