Last updated: 12 March, 2023

Aramco’s huge profits should help fund energy transition

The US$161.1 billion in annual profits posted today by the Saudi Arabian state-backed oil company Saudi Aramco, the most ever disclosed by a company in a single year, should be used to fund a human rights-based transition to renewable energy, Amnesty International said. Agnès Callamard, Amnesty International’s Secretary General, said: “It is shocking for a .