Saudi Aramco’s $1.8 Trillion Secret Revealed
Discover the colossal scale of Saudi Aramco, Saudi Arabia’s national oil company, which holds an unmatched 259 billion barrels of oil and gas reserves, dwarfing all other global competitors. This vast resource base contributes significantly to Saudi Aramco’s staggering $1.8 trillion valuation, making it the sixth-largest company worldwide by market capitalization. Producing 9 million barrels […]
China’s Sinopec To Build Gas Pipelines For Saudi Aramco In $1-Billion Deal
According to a filing with the Hong Kong Stock Exchange by China’s Sinopec, they will build gas pipelines for Saudi Aramco in a $1-billion deal. Sinopec, a Chinese energy behemoth, announced on Thursday that it has reached an agreement worth $1.3 billion with Saudi Aramco to acquire and construct pipes to expand the natural gas […]