Saudi Aramco to Spend $200 Billion on Oil Gas Investments Over the Next Decade
Saudi
Aramco, the largest crude oil exporter in the world is to expand its
refining capacity and increase its oil and gas exploration activities.
The company has a $200 billion spending program which it plans to implement over the coming decade with a heavy focus on China and Indonesia.
Aramco’s CEO Khalid al-Falih said in a recent interview, "The company plans to boost its global refining capacity to 8 million barrels a day in 10 years, including projects yet to be announced.”
According to Al-Falih…
Read more...
The company has a $200 billion spending program which it plans to implement over the coming decade with a heavy focus on China and Indonesia.
Aramco’s CEO Khalid al-Falih said in a recent interview, "The company plans to boost its global refining capacity to 8 million barrels a day in 10 years, including projects yet to be announced.”
According to Al-Falih…
Read more...
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