LNG

Saudi Arabian Oil Company (Saudi Aramco), the largest oil exporter, posted a 25 percent plunge in annual profits, though still increased its dividend for investors and outlined its plans to investment more in LNG and in domestic natural gas output.

Saudi Arabian Oil Company (Saudi Aramco), the largest oil exporter, increased its annual net income to $161.1 billion on stronger crude oil prices, higher volumes sold, improved margins for refined products and as the company strengthens natural gas production capacity and has built its first underground gas storage.