'Revamp' at Saudi Aramco

Saudi Arabia has approved a restructuring of Saudi Aramco that includes separating it from the Oil Ministry, a Saudi-owned TV station reported, in a decision analysts said aims to make the state oil giant more transparent and keep it away from political sway.

Shake-up: at Saudi Aramco ordered by Saudi Arabia's King Salman
Shake-up: at Saudi Aramco ordered by Saudi Arabia's King Salman
Published 1 May 2015, 07:41Updated 17 October 2016, 12:49
Middle EastNorth Africa