Saudi Aramco CEO warns of 'painful awakening' as energy costs rise
Amin Nasser said that green energy would not replace oil as demand for crude continues to grow, especially from the Global South.
Saudi Aramco CEO says current energy model ‘self-destructive’
Saudi Aramco's chief executive Amin Nasser on Monday pushed for a new global energy mode, arguing that the money spent on global climate action has yielded few tangible results.Mr Nasser said about $10 billion in transition spending in the past 20 years included promises of cheaper and more sustainable energy that were “impossible to keep”.
Aramco CEO Calls for Rethinking Energy Transition Plans
CEO of Saudi Aramco Amin Nasser has urged policymakers and energy executives to reassess energy transition strategies, emphasizing the need to shift focus away from unsuccessful elements. Speaking at the CERAWeek conference in Houston on Monday,
Saudi Aramco CEO calls for a new global energy model at CERAWeek 2025
Saudi Aramco President and CEO Amin Nasser has called for a shift in global energy transition planning, advocating for a balanced energy model that allows both traditional and renewable energy sources to grow while achieving climate goals.
Aramco Chief Criticizes ‘Self-Destructive’ Energy Transition Strategies
At the CERAWeek conference in Houston, Saudi Aramco’s President and CEO, Amin Nasser, delivered a sharp critique of current global energy transition strategies, labelling them as “self-destructive” and warning of potential economic and energy security consequences.
S&P Lifts Saudi Arabia's Rating on Sustained Economic Shift Away From Oil
(Reuters) - Global ratings agency S&P raised Saudi Arabia's rating to 'A+' from 'A' with a stable outlook on Friday, ...
Al-Monitor10d
Aramco to invest up to $58B in 2025 gas, renewables ventures, CEO says
Saudi Aramco is investing in an offshore gas field and new business areas such as lithium and blue ammonia, its CEO told ...
Saudi Aramco, IEA Chiefs Clash In Houston Over The Future Of Oil
With the CERAWeek 2025 conference in Houston drawing to a close, C-Suite executives, ministers and top officials have weighed ...
Argaam19h
Energy source integration aims to meet global demand: Aramco Exec
Al Ghazzawi emphasized that conventional energy will remain a key enabler of future economies and a fundamental part of the ...
The Associated Press on MSN10d
Saudi oil giant Aramco reports $106Bn profit in 2024, down 12% on lower energy prices
Saudi Arabia’s state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12% from the prior year on lower energy prices ...
Aramco signals sharply lower dividends as special payout shrinks
Saudi oil giant Aramco signalled on Tuesday it will slash its dividend payouts by nearly a third this year, meaning fewer ...
Upstream Online10d
Landmark project: Contracting heavyweight poised to win huge Saudi Aramco CCS deal
Project comprises the first phase of Aramco’s accelerated CCS development at Jubail, which is likely to have capacity of 9 ...
Business Wire3d
UL Solutions and Aramco Plan to Collaborate on Joint Projects to Help Enhance Safety in Saudi Arabia
UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced its collaboration with Aramco, one of the world’s leading integra ...
Rigzone7d
Aramco CEO Says Company Is Deploying AI Tech at Scale
Saudi Aramco President and CEO Amin H. Nasser said Aramco is 'adopting and deploying AI technologies and solutions at scale' ...