Aramco seeks to expand in U.S., says Trump is pro-oil

Aramco seeks to expand in U.S., says Trump is pro-oil:

"Saudi oil giant Aramco is looking to expand in the United States where President Donald Trump’s tax cuts and support for the oil industry are making business increasingly attractive, its chief executive told Reuters. Aramco already controls a large refinery in Texas. It is also preparing to launch what could be the world’s largest initial public offer (IPO) and is considering listing its shares in New York among several possible exchanges. “We are looking at new business opportunities in the U.S. and with the tax cuts it will make it much more profitable ... It is part of our strategy to grow our business in the U.S.,” Amin Nasser said in an interview."



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