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Swot of Saudi Aramco Form

Swot of Saudi Aramco Form

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Saudi Arabia's state-owned oil giant aramco has announced a record profit of 161.1 billion dollars for 2022 helped by Soaring Energy prices and bigger volumes Emily Brown reports aramco is the biggest company in market value and is the second largest in profits in the world the Saudi oil giant has announced a record profit of 161.1 billion dollars that's more than 46.5 rise compared to last year is the latest energy firm to report record profits Britain's shell recently reported a 39.9 billion dollar profit this comes after Energy prices spiked following Russia's invasion of Ukraine in February last year critics have pointed to aramco's impact on the climate crisis amnesty Internationals said it's shocking for a company to make this kind of profit through the sale of fossil fuels meanwhile aramco said the results were underpinned by stronger crude oil prices higher volumes sold and improved margins for refined products the company's CEO Amin NASA said the company would not only focus o

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