Crown Prince’s announcement of achieving net zero levels of carbon emissions is historical: Aramco CEO

Crown Prince’s announcement of achieving net zero levels of carbon emissions is historical: Aramco CEO

RIYADH — Saudi Aramco President and Chief Executive Officer Amin Hassan Al-Nasser explained that the Crown Prince's announcement of the Kingdom to achieve Net Zero carbon emissions by 2060 is a historical announcement and means a lot to everyone, and would create an appropriate platform for Saudi Aramco and other entities in the Kingdom and the world. The Aramco president stressed during the session, The Challenge of Energy Transition from Major Oil to Major Renewable Energy, within the sessions of the Saudi Green Initiative (SGI) forum, with the participation of Patrick Pouyanné, chairman and CEO of the French Total company, which discusses keeping pace with the transformation in the energy sector. In addition it focused on developing innovative technologies for converting crude oil into chemical products, establishing new relationships within supply chains, expanding its petrochemical activity based on innovation, selling energy assets, and investing in hydrogen fuel production. He indicated that the company would achieve net-zero levels through its operations by 2050, indicating that the transition path will be complicated for the company, including great challenges, but we are confident that we will reach our goal by accelerating our efforts for a low-emissions future. Al-Nasser pointed out that the company