Aramco hunts for new China investments as oil profit slips
Saudi interest reflects China's position as the world’s largest consumer and producer of petrochemicals, accounting for half of global demand
Zhang Xiangyi/China News Service via Getty Images
Amin Nasser, CEO of Saudi Aramco, speaks at the China Development Forum in Beijing
Amid shrinking profits, Saudi Aramco CEO Amin Nasser said the world’s biggest oil company is shopping for new investments in China.Nasser spoke in Beijing on Monday at the China Development Forum, where he said Aramco is “currently” supporting projects...