News
21 March 2022

Saudi Arabia hikes oil investments as it profits from price surge

In:
Oil & gas
Region:
Middle East & Africa

Saudi Arabia's state oil company Aramco, under pressure from the West to boost output amid soaring prices, has pledged to hike investments by around 50% this year as it reported a doubling in 2021 profits.Oil prices leapt 50% last year as demand recovered from the COVID-19 pandemic, and then...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
29 June 2026

US Exim: Back for big business 

TXF spoke with John Jovanovic, Chairman and President of US Exim to outline the US ECA's unprecedented deal activity and latest mission statement, focusing on stronger support...

Perspective
02 July 2026

Oryx and Trafigura show two speeds of commodity ABS

Oryx has priced a landmark Permian midstream ABS that may open a new funding route for commodity infrastructure borrowers. But with Trafigura’s latest commodity receivables...