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Sole Survivor? Saudi Aramco Doubles Down on Oil to Outlast Rivals

2020-10-07 11:20:00| OGI

Aramco's plan to boost its capacity to 13 million bbl/d is central to its strategy as it wants to be ready to grab a bigger market share when demand recovers, sources briefed on Saudi Arabia's oil thinking said.

Tags: oil sole saudi survivor

 

Saudi Aramco Reportedly Slowing Diversification Plans amid Oil Downturn

2020-09-03 16:15:00| OGI

Oil company Saudi Aramco is reviewing plans to expand at home and abroad in the face of sharply lower oil prices and a heavy dividend burden, the Wall Street Journal reported.

Tags: plans oil saudi amid

 
 

Saudi Aramco Eyes Growth Opportunities with New Organization

2020-08-24 11:00:00| OGI

Saudi Aramco CEO Amin Nasser said that the organization would focus on opportunities for growth in order to maximize value for the company's shareholders.

Tags: eyes growth organization opportunities

 

Saudi Aramco Moves Forward with Plan to Boost Oil Output Capacity, CEO Says

2020-08-11 11:10:00| OGI

Saudi Aramco is moving ahead with plans to boost crude output capacity by 1 million bbl/d to 13 million bbl/d despite cuts in capex this year and next year, CEO Amin Nasser says.

Tags: plan forward oil capacity

 

Saudi Aramco Sticks to Dividend Pledge Despite Earnings Plunge

2020-08-10 11:20:00| OGI

Saudi Aramco is sticking with plans to pay $75 billion in dividends this year and CEO Amin Nasser said global oil demand was recovering.

Tags: saudi earnings sticks dividend

 

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