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Saudi Aramco to boost oil capacity by 550,000bpd in Q4State oil giant Saudi Aramco is expected to pick up an additional 550,000 bpd of oil production capacity from two major oil fields in the fourth quarter, so it would be able to increase production if there’s demand, said a report. More… |
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Aramco rules out capacity expansionSaudi Aramco has no plans currently to increase its oil production capacity to 15 million barrels per day (bpd), its chief executive said. "Saudi Aramco has more spare capacity than the kingdom is obligated to or has committed to ... so it More… |
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Aramco 'sees no reason to lift oil capacity'Top oil exporter Saudi Arabia sees no reason for another major expansion of its production capacity now that other nations are boosting output to meet demand, a senior oil executive was reported as saying. Oil Minister A More… |
