Saudi Arabia to restructure Aramco, separates it from oil ministry: Arabiya TV

May 1, 2015 5:49 AM

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Saudi Arabia to restructure Aramco, separates it from oil ministry: Arabiya TV

DUBAI (Reuters) - Saudi Arabia's Supreme Economic Council has approved a restructure of state oil giant Aramco, which includes separating it from the oil ministry, Saudi-owned Al Arabiya television channel reported on Friday, citing sources.

"Saudi Supreme Economic Council agrees on Deputy Crown Prince Mohammed bin Salman's vision of restructuring oil-giant Aramco," reported Arabiya on its Twitter account.

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