News Snapshot:
The Saudi Aramco logo at an oil facility in Abqaiq, Saudi Arabia, on Oct. 12, 2019.MAXIM SHEMETOV Saudi Aramco raised its multi-billion dollar investment in China by finalizing and upgrading a planned joint venture in northeast China and acquiring an expanded stake in a privately controlled petrochemical group. The two deals, announced separately on Sunday and Monday, would see Aramco supplying the two Chinese companies with a combined 690,000 barrels a day of crude oil, bolstering its rank as China’s top provider of the commodity. Aramco said on Monday it had agreed to acquire a 10 per cent stake in...
