Four takeaways as oil giant Saudi Aramco reports a huge $161 billion profit

TL;DR

Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, on March 21, 2021. Amr Nabil/APThe world's biggest oil company Saudi Aramco has announced it made $161 billion in profits last year, a whopping figure for the corporation and its main shareholder, the Saudi government. Aramco's CEO Amin said the company is focused "not only on expanding oil, gas and chemicals production, but also investing in with potential to achieve additional emission reductions

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