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Media outlets pull Saudi Aramco's climate ads amidst regulatory scrutiny

Media outlets pull Saudi Aramco's climate ads amidst regulatory scrutiny

Following a complaint about misleading climate advertisements in the UK, the Financial Times and Reuters have removed Saudi Aramco's content promoting its environmental initiatives.

Joey Grostern reports for DeSmog.

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saudi oil lobbying fossil fuels

Inside the Saudi strategy to keep the world hooked on oil

The kingdom is working to keep fossil fuels at the center of the world economy for decades to come by lobbying, funding research and using its diplomatic muscle to obstruct climate action.
Top Story
Inside the Saudi strategy to keep the world hooked on oil

Inside the Saudi strategy to keep the world hooked on oil

The kingdom is working to keep fossil fuels at the center of the world economy for decades to come by lobbying, funding research and using its diplomatic muscle to obstruct climate action.
At McKinsey, widespread furor over work with planet's biggest polluters

At McKinsey, widespread furor over work with planet's biggest polluters

A letter signed by more than 1,100 employees has called for change at the consulting firm, which has advised at least 43 of the 100 most environmentally damaging companies.
As western oil giants cut production, state-owned companies step up

As western oil giants cut production, state-owned companies step up

In the Middle East, Africa and Latin America, government-owned energy companies are increasing oil and natural gas production as U.S. and European companies pare supply because of climate concerns.
Saudi Aramco sells oil pipeline stake for $12.4 billion
www.nytimes.com

Saudi Aramco sells oil pipeline stake for $12.4 billion

Aramco is under pressure from its main owner, the Saudi government, to generate cash to finance state operations as well as new investments.
Saudi Aramco says profit fell 73 percent as demand for oil shrank
www.nytimes.com

Saudi Aramco says profit fell 73 percent as demand for oil shrank

The coronavirus pandemic took a major toll on the oil giant’s earnings, but Aramco will maintain its hefty dividend for shareholders.
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