Saudi Aramco posts earnings with 20 percent profit fall and advance in natural gas plans

Monday, 16 March 2020

Saudi Aramco, the largest oil producing company, has just reported its annual earnings with net profits dropping by around 20 percent to $88.2 billion compared with $111.1Bln for the previous year as it outlined plans to spend billions on unconventional natural gas development after also planning to enter the LNG sector.

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