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Aramco Profit Surges to Another Record on Bumper Oil Market

Aramco is looking to work with partners to invest in carbon capture, renewable energy, and hydrogen production, as part of its goal to reach net zero carbon emissions from operations by 2050, Nasser said in a call with reporters. That’s even as it looks to boost its maximum oil production capacity to 13 million barrels a day, and gas production by up to 50%.

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