JAMIE CARR: Aramco keeps printing cash like there’s no tomorrow
Saudi Arabia’s oil juggernaut ploughs on relentlessly and seemingly oblivious to the royal household’s ignoble human rights record
Saudi Aramco: Slick and slay
The world’s third-largest company would be way ahead of the pack in any assessment of global ESG pariahs; not only does it pump almost 10% of the world’s oil supply, it also functions as the money tap for a regime with a noble track record of carving up journalists and an attitude to human rights that would have attracted an approving nod from Genghis Khan and his Mongol horde. Yet it’s extremely good at printing money, beating expectations with a profit of $32.6bn for the quarter to end-September. ..
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