Climate change could rain on Saudi Aramco's IPO parade

LONDON/DUBAI: Saudi Aramco's biggest asset could also be a liability.

The state energy giant's vast oil reserves - it can sustain current production levels for the next 50 years - make it more exposed than any other company to a rising tide of environmental activism and shift away from fossil fuels.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Saudi Aramco


Next In Business News

Boustead back to profitability in Q3 Premium
Mah Sing post jump in net profit to RM120.85mil in 9MFY21 Premium
RHB posts 9MFY21 net profit of RM1.99bil Premium
FBM KLCI continues to retrace higher Premium
Aeon Credit in collaboration to spearhead digitalisation platform for hawkers, petty traders Premium
Care for your employees’ health and be rewarded with better productivity Premium
China Nov factory activity unexpectedly grows as supply snags ease Premium
Coraza inks IPO underwriting agreement with M&A Securities Premium
Ringgit opens slightly higher in cautious trade Premium
Bursa Malaysia rebounds from Omicron jitters Premium

Others Also Read