5 Biggest Oil Companies in the World

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

Trailing twelve month revenue as of Q3 2022: $550 billion

Revenue during 2021: $358 billion

Saudi Arabian Oil Company (TADAWUL:2222.SR), commonly known as Aramco, is Saudi Arabia’s national oil company. It is one of the largest in the world in terms of revenue and constitutes a large chunk of the entire Saudi Exchange’s market capitalization.

Saudi Arabian Oil Company (TADAWUL:2222.SR) has big plans for renewable energy, as it is aiming to set up facilities that are capable of producing up to 12 Gigawatts of electricity from wind and solar plants by 2035. The firm is also aiming to capture up to 11 million tons of carbon dioxide during the same time period.

Disclosure: None. You can also take a peek at 20 Most Valuable Brands in the World and Jim Cramer’s 10 Comeback Stocks.

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