Saudi Aramco corporate report

Saudi Aramco's unmatched size, scale of advantaged resource and fortress balance sheet are unique differentiators. Having successfully negotiated the pandemic and subsequent oil price crash, the world's largest oil producer is increasing spend as it aligns with Saudi Arabia's Vision 2030 to diversify the Kingdom’s economy away from oil production. Read our updated corporate report for our take on its strategic priorities: Maintaining government revenues: what oil price is required for Aramco to breakeven? Growing upstream: are capacity targets within reach? Building downstream: how does oil production compare with refining capacity? Moving into new energies: how do targets and progress to date rank alongside peers? Business development: why is Aramco increasing exposure to international gas?