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U.S.-Saudi Investment Forum

VIDEO: Amin Nasser highlights how we’re strengthening our ties with the U.S.

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Global

Operational Excellence

Saudi-U.S. Investment

Forum 2025

 

Amin Nasser,

Aramco president and CEO

 

You need to have the energy that is affordable, secure, and sustainable. So what we are doing right now is investing in Renewable.

 

We are investing in oil. We are investing in gas. We are decarbonizing. 

 

And we are doing all that it takes to ensure that we do as much decarbonization while we are ensuring that it is affordable at the end of the day and availing enough energy to the markets that we are operating in.

 

The U.S. is a strategic partner; it’s a big market, stable market.

 

We have the biggest refinery in the U.S. currently. One of the investments that we are signing today is an expansion on the refinery to make it more integrated with petrochemicals.

 

The U.S. is really a good place to put our investments. 

 

A lot of what we are signing today had to do with technology. Most of our venture captial, which is about $7.5 billion, we deployed close to $2.5 billion of that, 63% of that deployment is in the U.S.

 

We are also at the same time looking at Direct Air Capture. We think over the long term that is a good solution.