Saudi Aramco is said to weigh sale of power assets to raise billions

3 days ago 3
Oil pump rig. Oil and gas production. Oilfield site. Pump Jack are running. Drilling derricks for fossil fuels output and crude oil production. War on oil prices. Global coronavirus COVID 19 crisis.

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  • Saudi oil giant Aramco (ARMCO) is reportedly considering selling up to five gas-fired power plants, as part of a broader effort to free up funds that could generate tens of billions of dollars.

  • The potential sale of four or five

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