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    Home » Saudi Aramco creates fuel retail subsidiary to expand downstream

    Saudi Aramco creates fuel retail subsidiary to expand downstream

    December 26, 2018
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    26 December 2018, News Wires — Saudi Aramco said on Wednesday it was establishing a domestic fuel retailing subsidiary as part of the national oil company’s drive to expand into downstream businesses.

    The new firm, Saudi Aramco Retail Co, will create a network of filling stations within Saudi Arabia to sell automotive fuels, Aramco said without giving details of the size, cost or time-frame for the network.

    • Reuters

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