Company Profile:
From what I've seen, SAUDI ARABIAN OIL COMPANY - COMPANY INTRODUCTION
Saudi Arabian Oil Company, frequently known as Saudi Aramco, is a Saudi Arabian general petroleum and natural gaseous company based in Dhahran. it's one of the world's largest companies by revenue and one of the most profitable companies globally. Saudi Aramco operates across the entire hydrocarbon value chain, including exploration, production, refining, distribution, shipping, and marketing of crude oil and natural gaseous. It manages the world'second-largest proven crude oil reserves and daily oil production. But I've found that The company plays a central role in the global energy market and Saudi Arabia's economy. IS IT A FACTORY OR A TRADER?
Saudi Aramco is primarily an integrated producer and manufacturer. In particular It owns and operates vast oil and gaseous fields, processing vegetation, refineries, and petrochemical complexes. Generally speaking Therefore, it functions as a massive production entity, often referred to as a factory or producer due to its extensive manufacturing and processing capabilities to crude oil, natural gaseous, and refined items. While it engages in global trading of its items, its core identity is that of a vertically integrated energy producer and manufacturer rather than solely a trading company.
Enterprise Products
Saudi Arabian Oil Company (Saudi Aramco) primarily produces and sells:
* Crude Oil
* Natural Gas
* Refined Products (e.g., gasoline, diesel, jet fuel, fuel oil)
* Petrochemicals (e.g., ethylene, propylene, polyethylene, polypropylene, aromatics)
* Liquefied Petroleum Gas (LPG)
* Sulfur