The article is published in The Guardian, and prospects some of the future challenges Saudi Aramco Company will face in the oil and gas business. Adam Vaughan, who writes about energy for the Guardian journal, writes the article. According to the author, the purpose of the article is to provide logic to some of the claims and perceptions that Aramco will lose energy security. The article is based on the account that it only expresses the negative opinions held by society, without recognizing possible mitigation measures.

Some of the key points include the emergence of electric cars, concerns for climate change, and the need for reliable and affordable energy. All these factors, as presented in the article threatens the future dependency on Saudi Aramco as the leading supplier of oil and gas.

Adam Vaughan (2019) supports his assertions by noting that the society has changed focus towards clean energy, and focus on minimizing and preventing the release of carbon dioxide into the atmosphere, championed by the Paris Climate Agreement.

The credibility of Adam’s claim relates to varying opinions held by Saudi Aramco stakeholders regarding the future of the company. Since NGOs, investors, regulators, and policymakers believe in little or no prospect for oil and gas, with calls to find alternative safe energy, Saudi Aramco stands to lose in the future. The article relates to the course in the sense that it highlights the business position of Saudi Aramco in Saudi Arabia and the global market. Besides, how some of the international agreements affect the company’s future activities forms the basis of the article. Apart from leading in oil and gas supply, Saudi Aramco employs women to achieve gender quality. Although there are calls for an alternative source of safe energy, oil and gas will continue to supply energy to the majority in the world. Hence Saudi Aramco is likely to remain stable in the business.

Reference.

Vaughan, A. (2019). Saudi Aramco says oil industry faces ‘crisis of perception.’ The Guardian.