Saudi Aramco to hike investment in oil production to meet rise in demand
2022-03-20
Global oil giant Saudi Aramco has announced to hike the investment to increase the oil production this year. The company informed that it aims to increase capital expenditure in 2022 in the range of $40bn-$50bn, while it was $31.9 bn in 2021. Aramco is targeting to increase its production capacity from 12mn to 13mn barrels…Continue Reading