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FinancialNews


  • 07-07-17

    Saudi Aramco achieves record high crude oil production in 2016

    (MENAFN) Saudi Aramco achieved a record high crude oil production of 10.5mn barrels per day last year, as proclaimed the world's leading integrated energy firm.

    Accordingly, the firm surpassed a threshold in its transformative journey to optimize its operations and maximize delivery across all of its capabilities.

    Meanwhile, Aramco continued to receive notable achievements to progress its long-term, integrated plan despite persistently low oil prices and weak growth in the global market.

    In addition, the company also enhanced its downstream plan, taking more steps to expand and integrate its local and global portfolio.

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