Saudi Aramco has been affected by rocketing industry costs and other challenges just like the rest of the oil industry, but is sticking with plans to invest $40 billion per year over the next decade.
Aramco chief executive Khalid Al-Falih said the Saudi Arabian state oil company will keep up its massive investment as it looks to maintain oil production capacity of 12 million barrels per day while also doubling its natural gas output.
He
