Join us as we delve deep into the history and current challenges of Saudi Aramco, the world’s most profitable company. Despite its record-breaking profits, Aramco faces significant threats from the global shift away from fossil fuels, the decline of OPEC’s influence, and internal economic pressures within Saudi Arabia. Discover how these factors are shaping the future of this oil giant and what it means for the global energy market.
In this video, we explore:
The origins of Saudi Aramco and its journey to becoming the world's largest oil company.
The cautious and consensual nationalization process that set Saudi Aramco apart.
The global shift towards renewable energy and its impact on Aramco’s profitability.
The diminishing control of OPEC over oil prices and the rise of non-OPEC producers.
Saudi Arabia’s economic diversification efforts and their implications for Aramco.
