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Tag Archives: 23rd World Energy Congress in Istanbul

Aramco plans $300bn spend to bolster oil, gas output

  Saudi Aramco plans to invest more than $300 billion over the coming decade to reinforce its preeminent position in oil, massively expand its conventional gas production, and exploit unconventional gas resources, the company’s CEO said. Speaking at the 23rd World Energy Congress in Istanbul yesterday (October 11), with the theme “Embracing New Frontiers,” Amin H Nasser stated that the ...

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