Saudi Aramco Reshuffles Management, Forms New Division

The video discusses Aramco's strategic adjustments in response to a 30% drop in oil prices, focusing on maintaining a $75 billion dividend. Aramco plans to sell non-core assets, including stakes in its pipeline business, and has suspended a $10 billion refinery project in China. The company is expected to focus on its downstream sector for potential divestments, while its profitable upstream operations remain untouched.

What is Aramco's primary goal in response to the drop in oil prices?

• Cut spending and maintain dividends

• Reduce workforce

• Increase oil production

• Expand into new markets

Which asset is Aramco considering selling a stake in?

• Its shipping fleet

• Its upstream oil fields

• Its pipeline business

• Its retail gas stations

What major project did Aramco suspend in China?

• A $10 billion refinery and petrochemicals complex

• A natural gas pipeline

• A new oil exploration site

• A renewable energy plant

Which part of Aramco's business is considered the most profitable?

• Logistics division

• Upstream arm

• Retail operations

• Downstream sector

What will investors be closely watching in Aramco's business strategy?

• Divestment in the downstream sector

• New marketing campaigns

• Expansion into renewable energy

• Increase in workforce