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This article is more than 2 year old.

Saudi Aramco creates fuel retail subsidiary to expand downstream

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 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.

Saudi Aramco creates fuel retail subsidiary to expand downstream
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.
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