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Is Saudi Aramco The World’s Most Profitable Company?

Saudi Aramco is a Saudi Arabian national petroleum and natural gas company based in Dhahran, Saudi Arabia. As per Bloomberg News, it is the most profitable company in the world. Saudi Aramco made an eye-popping $111 billion in 2018 as per financial data disclosed by...

Government Extends No Support To Aramco’s Planned Bond

Saudi Aramco, officially the Saudi Arabian Oil Company, is a Saudi Arabian national petroleum and natural gas company based in Dhahran, Saudi Arabia. It is the world’s most profitable company according to accounts seen by Bloomberg News and one of the largest companies in the...

Former BP Oil Trader Ruddin Dhilawala Hired By Exxon

Exxon Mobil Corporation (XOM)  explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, and specialty products; and transports and sells...

Major Companies to Boost U.S. Shale Oil Boom

As major companies like Exxon Mobil (XOM) and Chevron (CVX) turn their attention and resources toward the Permian Basin in Texas, the U.S. shale oil boom is likely to continue its growth. Oil giants are increasingly seeing the value in investing in production in the...