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Saudi Aramco launches $1.5 bln fund, says energy transition plan flawed

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Saudi Aramco launches $1.5 bln fund, says energy transition plan flawed

Oil giant Saudi Aramco launched a $1.5 billion fund to support an inclusive global energy transition on Wednesday while Saudi officials said the switch from hydrocarbons could take decades, necessitating continued investment in conventional resources.

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Saudi Aramco launches $1.5 bln fund, says energy transition plan flawed

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Saudi Aramco launches $1.5 bln fund, says energy transition plan flawed

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