Oil giant Saudi Aramco says it earned $161 billion last year, claiming the highest-ever recorded annual profit by a publicly listed company and drawing immediate criticism from activists.
and others in 2022. But the sheer size of the $161 billion profit overshadowed even its own previous results, as well as records by Apple, Vodafone and the U.S. Federal National Mortgage Association, or Fannie Mae.
the kingdom said the Biden administration sought to delay a decision by OPEC and allies including Russia to cut production For the kingdom, higher crude oil prices can help fuel the dreams of Prince Mohammed, including his planned $500 billion futuristic desert city project called Neom. However, they also run against the fears of activists over climate change, particularly as the United Nations' COP28 climate talks will begin this November in the neighboring United Arab Emirates.
“It is shocking for a company to make a profit of more than $161 billion in a single year through the sale of fossil fuel — the single largest driver of the climate crisis," she said in a statement."It is all the more shocking because this surplus was amassed during a global cost-of-living crisis and aided by the increase in energy prices resulting from Russia’s war of aggression against Ukraine.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Saudi Aramco Posts Record $161 Billion Profit for 2022Saudi Arabia’s national oil company also raised its dividend, as it benefited from high oil prices fueled by the war in Ukraine.
Consulte Mais informação »
George Washington Memorial Parkway Southbound Lanes Will Be Closed In AprilDrivers should keep an eye out for road closures and lower speed limits on the George Washington Memorial Parkway in April.
Consulte Mais informação »
Oil giant Saudi Aramco has profits of $161B in 2022DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco said Sunday it earned a $161 billion profit last year, attributing its earnings to higher crude oil prices. The firm, known formally as the Saudi Arabian Oil Co., said in its annual report that the profit represented “its highest annual profits as a listed company.'
Consulte Mais informação »
Saudi oil giant Aramco posts record $161.1 billion profit for 2022Saudi state-controlled Aramco achieved a record profit last year, boosted by higher energy prices and firmer sale volumes.
Consulte Mais informação »
Saudi oil giant Aramco becomes latest energy firm to post record profits | CNN BusinessSaudi Arabian oil giant Aramco on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46% from the year earlier, the latest international firm to benefit from high energy prices.
Consulte Mais informação »
Saudi Aramco reports record profit of $161.1 billion in 2022Saudi Arabian oil giant Aramco on Sunday reported a record net profit in 2022, boosted by higher energy prices, increased volumes sold and improved margins for refined products.
Consulte Mais informação »