The Saudi Aramco logo pictured at an oil facility in Saudi Arabia.
File photo: Reuters
Oil giant Saudi Aramco makes record US$161 billion profit, highest by publicly-listed firm
- Huge amount followed energy prices rising after Russia launched war on Ukraine and Western sanctions began; 2021’s profit was US$110 billion, US$49 billion in 2020
- Shocking for a firm to make this much ‘through sale of fossil fuel, single largest driver of the climate crisis, and a global cost-of-living crisis’, said Amnesty International
The Saudi Aramco logo pictured at an oil facility in Saudi Arabia.
File photo: Reuters