Saudi Aramco to press ahead with oil output capacity boost

MOSCOW (MRC) -- Oil giant Saudi Aramco is moving ahead with plans to boost its oil output capacity by 1 million barrels per day (MMbpd) to 13 MMbpd despite spending cuts this year and next year, said Reuters, citingВ chief executive.Aramco's capital spending plan for 2021 will be "significantly lower than previous guidance", CEO Amin Nasser also said on an analyst and investor call after

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