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(Bloomberg) -- Saudi Aramco agreed to buy a stake in MidOcean Energy for $500 million, its first investment in liquefied natural gas as the company seeks to diversify beyond its core oil business.
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>>> Read more: Aramco to Enter Global LNG With Stake in MidOcean Energy
Most Read from Bloomberg
China Puts Evergrandeâs Billionaire Founder Under Police Control Elon Musk Wins US Space Force Contract for Starshield Peloton Soars After Deal With Lululemon to Share Fitness Content Citadel Is Ready to Fight With SEC Over WhatsApp Probe Evergrande Halts Trading After F...
>>> Read more: Aramco to Enter Global LNG With Stake in MidOcean Energy
