Saudi Aramco’s net profit soared 124 per cent last year as global growth recovered from the Covid-19 downturn, the oil giant announced on Sunday. “Aramco’s net income increased by 124% to $110 billion in 2021, compared to $49.0 billion in 2020,”
Saudi Arabia’s Aramco has discovered natural gas fields in four regions in the central area of the kingdom, in the Empty Quarter desert, near its northern border and in the eastern region.