Shows off its latest innovations tries to stave off stricter regulation over the increasing security. Business. Saudi arabia state oil company iran co is preparing to go public and today were likely to find out just how much it is really worth last month eyebrows were raised after an announcement that the company would only be floating on the reality Stock Exchange and not in london or new york so as we await that valuation thats going to quick overview of the worlds most Profitable Company often described as the kingdoms crown jewels last year run co produced some 11000000. 00 barrels of oil per day more than 2 thirds of that was exported to asia about 14 percent of it to the United States the upcoming i. P. O. Has generated a lot of excitement but its affected not to make quite as much cash as the kingdom had originally hoped a recent drone attack on a run co facility and investors increasing focus on Renewable Energy has left many analysts skeptical today the shares will float on th
Security fees. This is your business. Welcome to Saudi Arabia State Oil Company Aramco is preparing to go public and today were likely to find out just how much it is worth last month eyebrows were raised after an announcement that the company would only be floating on the Riyadh Stock Exchange and not in london or new york around coal is the worlds most Profitable Company last year it produced some 11000000. 00 barrels of oil per day more than 2 thirds of it was exported to asia 14 percent of it went to the United States the upcoming i. P. O. Has generated a lot of excitement reason drone attack on the run co facility and investors increasing focus on Renewable Energy though has left many analysts skeptical. Saudi arabia would be nothing without saudi aramco the oil giant posted net profits of 111000000000. 00 euros last year the cascade of cash doesnt only go to financing the saudi state it also finances a lot of perks for the general public petrelis dirt cheap healthcare and educati
Saudi arabia would be nothing without saudi aramco the oil giant posted net profits of 111000000000. 00 euros last year the cascade of cost doesnt only go to financing to saudi face it also pays for a lot of perks for the general public petrol is cheap health care and education are both free for society says or through no one pays income tax. The oil concealed beneath the Saudi Arabian desert has almost been pumping itself out of the ground for a few years low drilling costs have made iran co the most valuable and Profitable Company in the world and its the biggest 12 percent of the worlds oil comes from topps but no one knows with any certainty had the companys structured end run around co avoid publicity as far as possible its shares will only be listed on the Riyadh Stock Exchange there are questions about just how large its sited reserves really are not to mention the uncertainty around or oil prices and a move towards renewables crown Prince Mohammed bin simon wants to reduce his
Left many analysts skeptical. Saudi arabia would be nothing without saudi aramco the oil giant posted net profits of 111000000000. 00 euros last year because creative cost doesnt only go to financing to saudi state it also pays for a lot of perks for the general public petrol is cheap health care and education are both free for society says or through no one pays income tax. The oil concealed beneath the Saudi Arabian desert has almost been pumping itself out of the ground for a few years low drilling costs have made iran co the most valuable and Profitable Company in the world and its the biggest 12 percent of the worlds oil comes from around coast tops but no one knows with any certainty had the company is structured and run around co avoid publicity as far as possible its shares will only be listed on the Riyadh Stock Exchange there are questions about just how large its sited reserves really are not to mention the uncertainty around or oil prices and a move towards renewables crown
Suppose was more appropriate for girls than writing advice and knowledge i want to meet challenged woman back home who are bones about their duties and social norms and inform them about deadbeats and rights my name is the amount of people and they were more intimate. Opec debates and other big Production Cut what could it mean for africas Biggest Oil Producer nigeria and how could saudi aramco upcoming i. P. O. Get the oil markets will take a look at both. Also on the show the latest in Drone Technology is on display in amsterdam but in a rising industry deal with regulation and growing security fears. Im Stephen Beardsley in berlin thanks for joining us. Opec organ the organization of the Petroleum Exporting countries and its allies are moving closer to one of the deepest output cuts in this decade and the group is meeting in vienna to discuss an additional cut of 500000 barrels a day that on top of the current cuts of 1200000 barrels daily the aim is to support crude prices in medic