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Saudi Aramco building global gas business to cut carbon footprint

Saudi Aramco, the world's biggest oil producer, was building an international gas business and converting more crude oil into chemicals in a bid to lessen its carbon footprint, Chief Executive Amin Nasser said on Tuesday......»»

Category: topSource: reutersMar 26th, 2019

Saudi Arabia"s oil giant boss speaks up for China, saying its massive production of solar panels and EVs helps affordability

The comments come as the West has stepped up criticism of China's dumping of cheap green products on the global markets. Saudi Aramco President and Chief Executive Amin H. Nasser.Hamad I Moham.....»»

Category: personnelSource: nytApr 23rd, 2024

Saudi Arabia in talks to sell 1% of oil giant Aramco to global energy firm, report says

An unnamed energy firm from a "huge" country is in talks about buying a stake in Saudi Arabia's Aramco oil company, according to a report. Crown Prince Mohammed bin Salman. ALEXEY NIKOLSKY/SPUTNIK/AFP via Getty Images Saudi.....»»

Category: topSource: businessinsiderApr 28th, 2021

SMBs: How to take the road to a net zero carbon footprint

When most executives think of success, they think of revenue obtained, product sold or employees added. They think of how they’re going to change the world from a business perspective, rather than how they’re going to sustain the planet from an e.....»»

Category: topSource: bizjournalsMar 31st, 2021

Oil giant Saudi Aramco sees 2020 profits drop to $49 billion

Saudi Arabia's state-backed oil giant Aramco announced Sunday that its profits nearly halved in 2020 to $49 billion, a big drop that came as the coronavirus pandemic roiled global energy markets......»»

Category: topSource: foxnewsMar 21st, 2021

Aramco"s Carbon Emissions Could Be "Nearly Double" What The Company Discloses

Aramco's Carbon Emissions Could Be "Nearly Double" What The Company Discloses It was no secret that leading up to Saudi Arabian Oil Co.'s IPO in 2019 that the company touted i.....»»

Category: blogSource: zerohedgeJan 22nd, 2021

Carbon Health raised $26 million in funding to expand its telehealth footprint

Business Insider Intelligenc.....»»

Category: topSource: businessinsiderMay 13th, 2020

UNC business school will put record donation from Triad couple toward expansion

In the midst of a global economic shutdown, UNC-Chapel Hill has a reason to celebrate: an $11 million donation to finance a new building for its business school.  On Tuesday, the university announced the donation from Steve and Jackie Bell of Bell .....»»

Category: topSource: bizjournalsMay 13th, 2020

Saudi Aramco will lower oil prices in Asia to near 2-decade lows, even after global powers agree to historic production cut

Stanislav KrasilnikovbackslashTASS via Getty Images Saudi Aramco lowered i.....»»

Category: topSource: businessinsiderApr 13th, 2020

Saudi Aramco needs cash with oil prices at a 17-year low — and now it may reportedly sell a piece of its pipeline unit

Associated Press Saudi Aramco may sell a stake in its pipeline business to shore up cash amid the oil-market downturn, Bloomberg report.....»»

Category: topSource: businessinsiderMar 30th, 2020

Oil giant Saudi Aramco sees 2019 profits drop 20% to $88.2B

Oil giant Saudi Aramco said Sunday its profits dropped 20% in 2019 to $88.2 billion, a sharp decline coming as the kingdom stands ready to flood an already-weakened global energy market amid the new coronavirus pandemic......»»

Category: topSource: moneycentralMar 15th, 2020

NEWSMAKER: Inside Trane"s plans for global growth built on HVAC innovation

Trane Technologies CEO Michael Lamach is building a company focused on eliminating carbon emissions from air-conditioning and refrigeration......»»

Category: topSource: bizjournalsMar 12th, 2020

Saudi Aramco shares dive, Gulf debt hit as oil price plunges

Saudi Aramco shares fell by as much as 10% on Monday, extending a dive below the initial public offering price, after Saudi Arabia cut its official selling prices for crude and global oil markets plunged in response to news of a big output increase......»»

Category: topSource: reutersMar 9th, 2020

Market Bloodbath: Middle East Stocks Crater; Kuwait Halted; Aramco Below IPO; Dow Indicated Down 500

Market Bloodbath: Middle East Stocks Crater; Kuwait Halted; Aramco Below IPO; Dow Indicated Down 500 In case a global viral pandemic wasn't enough of a concern, on Saturday Saudi A.....»»

Category: blogSource: zerohedgeMar 8th, 2020

Saudi Aramco shares hit lowest since IPO, down over 2%

Shares of Saudi Aramco hit 32.50 riyals ($8.66) in intraday trade on Sunday, the lowest since it began trading in December following a record initial public offering, as oil prices plunged amid worries about the global spread of the coronavirus......»»

Category: topSource: reutersMar 1st, 2020

29 things you can do for a lower carbon footprint that will hardly change your day

Joey Hadden/Business Insider Carbon dioxide traps heat from the sun on earth, and as a result, polar ice is melting and sea levels are rising, and we're calling it climate change.  In order to .....»»

Category: topSource: businessinsiderFeb 25th, 2020

Total considers stopping fuel oil sales for power: CEO

France's Total is considering stopping sales of fuel oil to power markets as the energy giant seeks to reduce its carbon footprint and grow its renewable power business, its chief executive told Reuters......»»

Category: topSource: reutersFeb 14th, 2020

Can Starbucks save the planet by cutting dairy?

The biggest single move by Starbucks’s customers who want to go green might be to stick with black coffee. Overall, dairy accounted for 21% of the company’s global carbon footprint in 2018......»»

Category: topSource: moneycentralJan 21st, 2020

Can Starbucks save the planet by cutting dairy?

The biggest single move by Starbucks’s customers who want to go green might be to stick with black coffee. Overall, dairy accounted for 21% of the company’s global carbon footprint in 2018......»»

Category: topSource: moneycentralJan 21st, 2020

Can Starbucks save the planet by cutting dairy? Activists and investors respond

The biggest single move by Starbucks’s customers who want to go green might be to stick with black coffee. Overall, dairy accounted for 21% of the company’s global carbon footprint in 2018......»»

Category: topSource: marketwatchJan 21st, 2020

Aramco IPO proceeds to fund Saudi industry, including defense: finance minister

Saudi Arabia will pump the proceeds from last month's listing of oil giant Saudi Aramco into the local economy over several years, including building up the domestic defense industry amid tensions with Iran, its finance minister said on Tuesday......»»

Category: topSource: reutersJan 21st, 2020