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...Last year, Aramco acquired a 10 per cent stake in Shenzhen-listed Rongsheng Petrochemical for $3.6bn and entered a venture with two other Chinese companies to build a 300,000 b/d refinery and petrochemicals...
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...“They have 3mn b/d of spare capacity now so what is the rush of increasing production capacity to 13mn b/d.”...
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...I haven’t thought about it that much, but I’d like to give away as much as possible. The place where I live is rather special architecturally....
...The country pumped 13.3mn b/d of oil in November, the last month for which data is available from the Energy Information Administration, more than any country in history....
...Marc Filippino Tom Wilson is the FT’s natural resources editor. Thanks, Tom. Tom Wilson Thanks very much....
...Before I’d learned to drive, or had even heard of cocaine, I was the premier drug kingpin of 1980s Miami....
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...It had previously forecast demand to grow by 1mn b/d in 2024....
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