Saudi Aramco
Saudi Arabian state-owned petroleum company
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Saudi Aramco, officially the Saudi Arabian Oil Group or simply Aramco, is a state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia. As of 2022, it is the second-largest company in the world by revenue and is headquartered in Dhahran. It has repeatedly achieved the largest annual profits in global corporate history. Saudi Aramco has both the world's second-largest proven crude oil reserves, at more than 270 billion barrels, and largest daily oil production of all oil-producing companies.
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Record $161bn profit by oil giant Saudi Aramco branded 'shocking' by activistsOil company Saudi Aramco has reported earning $161bn (£134bn) last year - the highest-ever recorded annual profit by a publicly listed company.Sky News - Published | |
Top Saudi oil firm sees 90% surge in net profits for second quarter of 2022Saudi oil giant Aramco has revealed profits of $48.4bn (£40bn) for the second quarter of 2022 - a 90% year-on-year increase.Sky News - Published | |
Saudi Aramco overtakes Apple as world's most valuable companySaudi Aramco has overtaken Apple as the world's most valuable company.Sky News - Published |
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