{"id":367269,"date":"2020-08-11T09:32:07","date_gmt":"2020-08-11T04:02:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=367269"},"modified":"2020-08-11T09:56:29","modified_gmt":"2020-08-11T04:26:29","slug":"saudi-aramco-to-go-ahead-with-plans-to-boost-oil-output-capacity-says-ceo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-to-go-ahead-with-plans-to-boost-oil-output-capacity-says-ceo\/","title":{"rendered":"Saudi Aramco to go ahead with plans to boost oil output capacity, says CEO"},"content":{"rendered":"<p>Oil giant Saudi Aramco is moving ahead with plans to boost its oil output capacity by 1 million barrels per day (bpd) to 13 million bpd despite spending cuts this year and next year, its chief executive said on Monday. <\/p>\n<p>Aramco&#8217;s capital spending plan for 2021 will be &#8220;significantly lower than previous guidance&#8221;, CEO Amin Nasser also said on an analyst and investor call after the company&#8217;s quarterly results. <\/p>\n<p>The previous capital spending guidance was $40 billion to $45 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil giant Saudi Aramco is moving ahead with plans to boost its oil output capacity by 1 million barrels per day (bpd) to 13 million bpd despite spending cuts this year and next year, its chief executive said on Monday. Aramco&#8217;s capital spending plan for 2021 will be &#8220;significantly lower than previous guidance&#8221;, CEO Amin Nasser also said on an analyst and investor call after the company&#8217;s quarterly results. The previous capital spending guidance was $40 billion to $45 billion.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-367269","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=367269"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367269\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=367269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=367269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=367269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}