Saudi Aramco has set a target to reach 12 gigawatts of solar and wind capacity by 2035, and produce 11 million tonnes of blue ammonia by 2030 as part of its net-zero drive.

The Saudi state giant would require 1.93 million tonnes of blue hydrogen, produced from natural gas linked to carbon capture and storage (CCS), to reach the targets, according to its first sustainability report.

Aramco, which has already been backing large renewables projects such as the 1.5