Saudi plans to sell its oil giant for trillions will test climate investors

Saudi Aramco’s biggest asset could also be a liability. Its vast oil reserves — the state-owned Aramco producer can sustain current production levels for the next 50 years — make it more exposed than any other company to a rising tide of environmental activism and shift away from fossil fuels.

Saudi plans to sell its oil giant for trillions will test climate investors

By Clara Denina, Sinead Cruise, Rania El Gamal, and Simon Jessop

Saudi Aramco’s biggest asset could also be a liability. Its vast oil reserves — the state-owned Aramco producer can sustain current production levels for the next 50 years — make it more exposed than any other company to a rising tide of environmental activism and shift away from fossil fuels.

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