State-owned Saudi Arabian Oil Co. (Saudi Aramco) is the king of oil. It is the world's #1 oil producer, supplying more than 10% of global oil demand. In 2012 the company had oil reserves of 260 billion barrels (the world's largest); it also owned 283 trillion cu. ft. of natural gas reserves (the fourth largest in the world). It operates refineries, markets oil internationally, and distributes it domestically. Saudi Aramco owns a fleet of oil tankers and invests in refineries, marketing, and distribution ventures in other countries, including China, Japan, South Korea, and the US. The company exports 55% of its crude oil to the Far East.
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| Industries |
|---|
| Oil & Gas Exploration & Production |
| Transportation Services Sector |
| Gas Stations |
| 10 Industries on file |
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| Financials | |
|---|---|
| Company Name | GOVERNMENT_OWNED HEADQUARTERS |
| Market Value | 0.0 as of |
| Fiscal Year-End | Dec |
| 2011 Sales (mil) | 311000.0 |
| 2011 Employees | 56066 |
| Sales Growth Percent | 40.09% |