Jan 28 2012 |
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Saudi Shura To Re-Vote On Proposal For Yearly Report From Aramco-Report
Saturday, Jan 28, 2012
BEIRUT (Zawya Dow Jones)--The Shura Council, the advisory body to the Saudi king, will look Monday into a request by 16 of its members to re-vote a previous proposal requiring Saudi Arabian Oil Co. to submit an annual report to the council, Saudi-based Al Riyadh daily reports Saturday.
Saudi Arabian Oil Co., better known as Saudi Aramco , is the world's largest state-owned oil company
Saudi Aramco is fully-owned by the Saudi state and doesn't have a general assembly to monitor its activities and supervise its performance, Fahad Al Hamad, assistant to the Shura Council's chairman, said according to the paper.
Newspaper website: http://www.alriyadh.com/2012/01/28/article704923.html
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
28-01-12 0730GMT
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