Saudi Aramco’s $161bn profit is largest recorded by an oil and gas firm
by Mark Sweney from Environment | The Guardian on (#69QDP)
Amnesty International hits out at shocking' annual figure reaped through sale of fossil fuel
Saudi Aramco has reported a record $161bn (134bn) profit for 2022, the largest annual profit ever recorded by an oil and gas company, fuelled by soaring energy prices and rising global demand.
The largely state-owned company's profits rose by 46% year on year and it made more than the recent bumper results reported by Shell, BP, Exxon and Chevron combined.
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