Saudi Aramco, the state-run oil company of Saudi Arabia, announced a robust financial performance with plans to pay out $124 billion in dividends for the year. Despite a decrease in cash flows in the second quarter, the company's free cash flow reached $41.7 billion for the first half of the year. Net income for the half-year stood at $56.3 billion, showing improvement in the second quarter. The company engaged in various corporate activities, including investments in joint ventures like HORSE Powertrain and Gas & Oil Pakistan. Noteworthy is Aramco's strategic move to acquire a 50% equity interest in Blue Hydrogen Industrial Gases, aiming to develop a lower-carbon hydrogen network. President and CEO Amin Nasser praised the company's performance and highlighted investments in renewable energies, partnership in lower-emission vehicle technologies, and global network expansion. Aramco aims to secure a sustainable energy future through strategic investments and portfolio enhancements.