Saudi Arabian oil company Aramco

BRICS countries to increase hydrocarbon production and exports

Saudi Arabian oil company Aramco is looking to expand its footprint in China to strengthen ties between the two BRICS nations. The company will up its investments into its

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Russia

Currently, China is the largest buyer of Iranian oil and is reportedly paying for it in yuan. For some, the KSA and Iran’s entry into BRICS may indicate that oil trade will easily

Russia, as the world leader in gas reserves and one of the world’s top three oil producers (along with the United States and Saudi Arabia); China as one of the largest oil

BRICS Expansion: China's Energy Victory? - Forbes