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Aramco net income falls to $106bn but sees gas growth

Gas
March 5, 2025

Aramco has said it anticipates “significant upside” in natural gas volumes this year, after recording net income of $106bn in 2024, down from $121bn in 2023.

The Saudi energy giant said it is targeting 2 mmboe/d of incremental gas and associated liquids capacity by 2030, and is aiming for up to 2.5 mmtpa blue ammonia production by the same year.

CEO Amin Nasser said, “The growth in gas has the potential to generate very attractive and stable returns.”

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Gas
April 17, 2026

Podcast | UK CO2 shortages: what’s the story?

The 1895 Podcast The 1895 Podcast is a content-driven podcast for the global industrial gases business, bringing together topical news, views and analysis of the stories that matter in the…

Gas
April 17, 2026

Laser processing lifts MOF carbon capture performance by 75%, says research team

By 45 min ago 3 min read Researchers in South Korea have reported a carbon capture development using laser-based processing to enhance the performance of metal-organic frameworks (MOFs), a class…