How Saudi Aramco plans to win the oil endgame ...Middle East

NY Times News - News
How Saudi Aramco plans to win the oil endgame
View Full Image (The Economist) As less generously endowed rivals fall by the wayside, Aramco’s market share would, in other words, be almost certain to rise with a few modest investments in maintaining reservoirs. Yet the company’s employees are busier than ever. That is because Aramco is the linchpin of the strategy of Muhammad bin Salman, Saudi Arabia’s crown prince and de facto ruler, to end his country’s reliance on oil, diversify its economy and decarbonise its energy production. Aramco is, for one thing, the chief source of funds for this vision. On June 2nd it launched a long-awaited secondary share offering, which hopes to raise $13bn in ex

Hence then, the article about how saudi aramco plans to win the oil endgame was published today ( ) and is available on NY Times News ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( How Saudi Aramco plans to win the oil endgame )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News