Saudi Aramco Plans New Oil Export Channels, Overseas Storage Expansion

08:39 AM EDT, 10/12/2026 (MT Newswires) -- Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, is working with the Kingdom's Ministry of Energy to assess the expansion of its operations amid inventory challenges and recent attacks on its energy infrastructure. The plans include adding new crude export routes and growing the state-owned oil giant's overseas storage capacity, according to a Monday statement by Aramco President and Chief Executive Officer Amin Nasser.