CalPERS Targets Chevron and Saudi Aramco as Climate Investment Risks
The California Public Employees' Retirement System (CalPERS), the largest public pension fund in the United States, has recently identified Chevron and Saudi Aramco as significant climate investment risks. This decision comes as part of a broader push for sustainable investment practices and a response to growing pressures regarding environmental, social, and governance (ESG) concerns.
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Saudi Aramco Weighs Bid for BP's Castrol Lubricant Assets: A Strategic Move in the Oil Sector
In a significant turn of events within the global energy landscape, Saudi Aramco, the world’s largest oil company, is reportedly considering a bid for BP's Castrol lubricant assets. This move follows ongoing efforts by Aramco to diversify its revenue streams beyond crude oil, highlighting a notable shift in the company's strategic focus.
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Saudi Aramco Increases Oil Prices for Asia as Middle Eastern Crude Surges
In a significant move that reflects the booming demand for oil in the Asian markets, Saudi Aramco, the world's largest oil producer, has raised its oil pricing for customers in Asia. This adjustment comes against the backdrop of soaring crude prices across the Middle East, driven by a combination of increased global demand and geopolitical tensions that are influencing supply levels.
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Saudi Aramco Partners with Global Firms for Groundbreaking Carbon Capture Project
In a significant move towards environmental sustainability, Saudi Aramco has announced the collaboration with multiple international partners in a groundbreaking carbon capture and storage project. This initiative reflects the kingdom's commitment to reducing carbon emissions and advancing technologies that could lead the way for a green transition in the oil and gas sector.
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Saudi Aramco's CFO Shares Insights on Debt Management and Dividend Strategy
In a revealing interview, the Chief Financial Officer of Saudi Aramco, the world’s largest oil company, discussed the company’s financial strategies, particularly focusing on debt and dividends in the backdrop of fluctuating oil markets and global economic uncertainties.
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Saudi Aramco CFO Abruptly Exits MIT Event Amid Climate Protest Controversy
In a striking incident that has drawn significant attention, the Chief Financial Officer of Saudi Aramco, the state-owned oil giant of Saudi Arabia, made a hasty departure from an event at the Massachusetts Institute of Technology (MIT) recently. This abrupt exit was triggered by a protest centered around climate issues, a topic that has become increasingly contentious within the corporate and environmental communities alike.
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Breaking: Saudi Aramco CFO Flees Climate Protest Near Boston
In an unexpected turn of events, the Chief Financial Officer of Saudi Aramco, the world's largest oil producer, made headlines after leaving a public event near Boston prematurely due to a climate protest. This incident, which unfolded on November 21, 2024, highlights the growing tensions between major oil companies and climate activists as the world grapples with the increasing effects of climate change.
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Saudi Aramco Maintains Record Payout Amid Financial Uncertainty
In a surprising display of resilience, Saudi Aramco has announced that it will continue to deliver the world's largest shareholder payout, even as the finances of the Saudi nation exhibit signs of strain. The oil giant unveiled its decision to maintain its quarterly dividend at the hefty sum of $19.5 billion, showcasing a commitment to its shareholders despite the current economic challenges.
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