Originally published at: Jake Johnson: Shocking, Saudi Aramco Posts Largest-Ever Annual Profit for a Fossil Fuel Company – Progressive Dreamers
Published originally at Common Dreams on March 12, 2023 under Creative Commons CC BY-NC-ND 3.0 license Saudi Aramco, an oil giant almost entirely owned by the government of Saudi Arabia, announced Sunday that it brought in a staggering $161.1 billion in profits last year as it joined other fossil fuel companies in capitalizing on energy market turmoil…