Payout by Saudi Arabia’s state-owned oil company likely to anger energy company campaigners

Blow to Joe Biden, who had hoped to benefit from lower pump prices in an election year

Decline in crude oil prices and less refining income trims revenues inflated in 2022 by Russian invasion of Ukraine

World’s largest energy company’s first-quarter profits fall by 19% to $32bn after dip in oil prices

Amnesty International hits out at ‘shocking’ annual figure reaped through sale of fossil fuel

Andrew Liveris says his position at Saudi Aramco means he ‘knows the solutions’ as he presides over climate-positive games

Amin Nasser says plans to cap bills and tax energy companies are not long-term solutions

The $48bn figure from world’s biggest oil firm is thought to be one of largest quarterly profits in history

Saudi Arabia’s state oil company also reports its net profit rose by 124% to $110bn (£83bn) in 2021

One in five ads served on search results for 78 climate-related terms placed by firms with interests in fossil fuels, research finds

Shareholder payout to stay despite 73% fall in quarterly profits due to impact of Covid-19

Saudi Aramco joins Oil and Gas Climate Initiative pledge but critics say targets are insufficient

World’s most profitable company posts net profits of $16.64bn for first quarter

More than 60 objections to regulator about claims by world’s biggest oil company