5 Biggest Import-Export Companies in the World

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1. Saudi Arabian Oil Company (TADAWUL:2222.SR)

Market Cap as of November 30: $7.29 trillion

Saudi Arabian Oil Company (TADAWUL:2222.SR) or Saudi Aramco is the world’s largest company by market capitalization. Its market cap surpassed Apple Inc. (NASDAQ:AAPL) on May 11, 2022. The company is the largest oil producer and exporter in the world. In 2021, Saudi Arabian Oil Company (TADAWUL:2222.SR) produced around 9.2 million barrels per day.

On November 30, Saudi Arabia’s energy minister announced that Saudi Arabian Oil Company (TADAWUL:2222.SR) has discovered two new natural gas fields, Awtad and AlDahna. Per day, 10 million standard cubic feet of gas flow from the Awtad-108001 well and 16.9 million standard cubic feet from Awtad-100921.

In its 2021 financial report, Saudi Arabian Oil Company (TADAWUL:2222.SR) said that the company intends to become the global leader in Carbon Capture and Storage and is working to develop a substantial hydrogen export capability. On November 11, the company signed a joint development agreement with SLB and Linde to build a carbon capture and storage hub.

You can also take a look at the 10 Best Small Bank Stocks To Invest In and the Top 10 Stocks to Buy in 10 Different Sectors.

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