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Saudi Aramco Drops Plan To Boost Capacity In Major U-Turn

Saudi Aramco abandoned a plan to boost its oil output capacity in a huge reversal that will raise questions about the kingdom’s view on future oil demand.

India , China , Saudi-arabia , Aramco-ab , Alltop , Business , Cmd , Cmdtop , Cos , Industries , Markets

Renault and Geely sign €8bn powertrain tie-up

France’s Renault has formally signed a joint-venture agreement with China’s Geely to set up a new combustion engine and hybrid powertrain company, while Saudi Aramco is still mulling an investment.

South-africa , Saudi-arabia , Saudi , Albertina-torsoli , Linda-lew , Renault , Saudi-aramco , World-war , Sunday-times , Comment-policy , 175-hk , Aramco-ab

OPEC+ did its job, but don't expect it to disappear

Oil producers have added back all the production they cut in 2020 — at least on paper — but members have no reason to quit the group.

Mexico , Malaysia , Kazakhstan , Nigeria , Iran , Angola , Libya , Russia , Venezuela , Russian , Joe-biden ,

Microsoft to buy Call of Duty maker Activision Blizzard for $69bn

The deal is the biggest cash takeover of the pandemic

Saudi-arabia , Saudi , Bloomberg , Glaxosmithkline , Linkedin , Activision , Sabic , Microsoft , Saudi-aramco , Unilever , Aramco-ab