The company, based in Dhahran in eastern Saudi Arabia, kept its dividend unchanged last year, even as oil prices plunged and it needed to sell debt to meet the commitment. Still, with oil’s turnaround, that payout now looks less attractive relative to rivals....
Some of that will be invested on increasing daily oil-production capacity to 13 million barrels from 12 million.“ We are seeing good signs of a global recovery in energy demand, ” chief executive officer Amin Nasser said....
“ With les
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2021-08-10 00:00:00.0