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Saudi Aramco said to weigh up to USD 5 billion of renewable deals

The world's largest oil company, Saudi Aramco, is weighing major investments in renewable energy as it forms plans to diversify from crude production, according to sources with knowledge about the matter.

Photo: /ritzau/Jacob Ehrbahn

Saudi Aramco, the world's largest oil company, is considering as much as USD 5 billion of investments in renewable energy firms as part of plans to diversify from crude production, according to people with knowledge of the matter.

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