Saudi Aramco Touts Upstream, Downstream Growth

摘要

Saudi Aramco flexed its integrated muscles in its latest annual review released on Thursday, posting all-time highs in crude oil and natural gas production as well as a big jump in refined products exports in 2015. The display of strong growth in the stateowned giant's upstream and downstream divisions, despite collapsing oil prices, comes as the company prepares to offer up to 5 of its business in an initial public offering (IPO) (OD Apr.26'16).