Saudi Aramco Aims for Net Zero Emissions Without Cutting Oil Production

With the global energy transition picking up steam, hundreds of companies have laid out plans to cut their greenhouse gas emissions with the more ambitious ones pledging to achieve net zero emissions. Given this backdrop, Big Oil companies are finding themselves in a dilemma whereby they are under pressure to join the fight against climate change at a time when demand for the energy commodities they produce remains high.

Not surprisingly, many are coming up with innovative ways to clean up their act without giving up their legacy businesses. …