https://www.reuters.com/article/us-saudi-aramco-results-capacity-idUSKCN2561U9

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FILE PHOTO: Amin H. Nasser, president and CEO of Saudi Aramco, speaks during the International Carbon Capture, Utilization and Storage Conference 2020 in Riyadh, Saudi Arabia February 25, 2020. REUTERS/Ahmed Yosri. DUBAI/RIYADH (Reuters) - Saudi Aramco 2222.SE is moving ahead with plans to boost crude output capacity by 1 million barrels per day (bpd) to 13 million bpd despite cuts in capital expenditure this year and next year, the state oil group’s CEO said on Monday. Aramco’s capital spending plan for 2021 will be “significantly lower than previous guidance,” CEO Amin Nasser also said on a call with analysts and investors after the company’s second quarter results, which were published on Sunday. Full story

10 August

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