LNG

Saudi Arabian Oil Company (Saudi Aramco), the largest oil exporter, reported lower first-quarter net income while free cash flow from operating activities edged higher and advances were made on more domestic natural gas production as a Saudi strategic priority.

Saudi Arabian Oil Company (Aramco), the world’s largest seller of crude oil, reported an almost 40 percent rise in third-quarter net income to $42.4 billion as global crude oil prices were affected by “continued economic uncertainty” and it forecast that oil demand would continue to grow for the rest of the decade.