How strong is Saudi Aramco, the oil giant?

Saudi Aramco is the largest oil producer and the sixth largest oil refiner in the world. According to the data of Fortune magazine, it ranks sixth among the top 500 companies in the world. In 20 19, the operating income was USD 356 billion, with an annual growth rate of 35.3%, and the profit was USD1/kloc-0.09 billion, with an annual growth rate of 46.9%.

First, the origin of the company,

Saudi Aramco is not a local Saudi company. Its predecessor is an American company, which is the California Standard Oil Company after the split of the oil tycoon Rockefeller's Standard Oil 1938. Later, its subsidiary discovered a large oil well that can be exploited commercially in Saudi Arabia, so it set up a company in Saudi Arabia. In order to make a difference, its subsidiary, California Standard Oil Company, changed its name to Aramco. After the 1980s, the Saudi government nationalized all the oil companies in the country, and Aramco was acquired by the Saudi government. After the acquisition, Aramco, now the Saudi Arabian National Oil Company, kept the name of Aramco without any change, but only used the name of Aramco in Saudi Arabia.

Second, the status of the company,

The Middle East is rich in oil, and there are more than 100 large and small oil companies. However, since its establishment, Saudi Aramco has been the largest oil company in the Middle East. Later, with the economic development and nationalization, it became the largest oil production company in the world. As a national company with the richest oil reserves in the world and a Saudi national oil company, Saudi Aramco owns the largest onshore oil field in the world-Wo Jia oil field. And safania oil field, the largest offshore oil field in the world, whose daily output alone exceeds the sum of the daily output of Rosneft, the second largest oil company in the world. Saudi Aramco's contribution to world crude oil supply is about 10%. 20 19 The financial information released for the first time in April shows that the company's net profit last year was as high as111billion US dollars, which was higher than that of the world's top five oil giants (ExxonMobil, Royal Dutch Shell and BP).

Due to the influence of new coronary pneumonia, the price of international crude oil market plummeted, and many oil companies or exporting countries have stopped production or reduced production. The operation of Saudi Aramco is still in normal production, and there is a feeling of abandoning people. At the same time, according to the company's spokesman, the company will take all measures to ensure the safety and normal operation of employees. When the reporter mentioned that the market crude oil fell sharply, what statements and measures did the company have? The spokesman is very domineering, does not comment and will not take relevant measures.