Telegraph.co.uk | Saudi Arabia splits state oil company Telegraph.co.uk The prince was recently promoted to the role of deputy oil minister from assistant oil minister. Saudi Arabia is the world's largest oil exporter with the capacity to pump more than 12m barrels per day of crude if required. In November, Mr Naimi forced ... Saudi succession comes with consequence for the oil industry Saudi prince sees power grow in oil restructuring Saudi Arabia shakes up state oil firm Aramco |