Aramco to shift more crude production to petrochemicals

24 October 2016, News Wires — Saudi Aramco aims to allocate some 2-3 million barrels per day of its crude oil production to petrochemicals, CEO Amin Nasser said on Tuesday, a sign the state energy group is hedging its bets against a possible demand slowdown. Aramco has been boosting its investments in refining and petrochemicals to … More »