Google trend - Aramco

Aramco - 10 things to know with detail

• Saudi Aramco, officially known as the Saudi Arabian Oil Company, is a state-owned oil company headquartered in Dhahran, Saudi Arabia.
• Aramco is the world's largest oil producer, with proven reserves of approximately 260 billion barrels of oil, making it the most valuable company in the world.
• The company was founded in 1933 by the government of Saudi Arabia and has since grown to become a global leader in the oil and gas industry.
• Aramco operates oil fields, refineries, and petrochemical plants in Saudi Arabia and around the world, producing crude oil, natural gas, and other petroleum products.
• The company has a workforce of over 70,000 employees, including engineers, scientists, and technicians who work to ensure the safe and efficient production of oil and gas.
• Aramco plays a critical role in the global energy market, supplying oil to customers in Asia, Europe, and the United States.
• In 2019, Aramco went public with an initial public offering (IPO) that raised over $25 billion, making it the largest IPO in history.
• The company is known for its commitment to sustainability and environmental stewardship, implementing initiatives to reduce greenhouse gas emissions and promote renewable energy sources.
• Aramco has been investing in research and development to develop new technologies for oil and gas exploration, production, and refining.
• Despite its dominance in the oil and gas industry, Aramco is facing challenges from the shift towards renewable energy sources and increasing pressure to reduce carbon emissions.