Saudi oil giant Aramco has announced a record profit of $161.1bn (£134bn) for 2022, helped by soaring energy prices and bigger volumes, The BBC reported.
It represents a 46.5% rise for the state-owned company, compared with last year.
It is the latest energy firm to report record profits, after energy prices spiked following Russia’s full-scale invasion of Ukraine in February 2022.
America’s ExxonMobil made $55.7bn, and Britain’s Shell reported $39.9bn.
Aramco also declared a dividend of $19.5bn for the October to December quarter of 2022, to be paid in the first quarter of this year.