The Saudi Arabian firm, like rivals such as BP Plc and Chevron Corp, has experienced a sharp turnaround from 2020, when the pandemic hammered energy demand and forced it to shelve several projects.
DUBAI: Saudi Aramco will increase spending and issue bonus shares as oil’s surge to more than US$100 (RM419) a barrel bolsters the company’s plan to boost crude and natural gas production.
The Saudi Arabian firm, like rivals such as BP Plc and Chevron Corp, has experienced a sharp turnaround from 2020, when the pandemic hammered energy demand and forced it to shelve several projects.
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