Aramco

Aramco (Arabic: ارامكو arāmkū) is the national petroleum and gas company of the Arab Union. It is organised as a public company, with 49% of shares traded publicly and 51% owned by the government of the Arab Union. Aramco is one of the globe's oil and gas "supermajors" and is the largest company in the Arab Union and one of the largest in the world by both total revenue and profits. Aramco has the world's largest proven oil reserves (over 600 billion barrels) and largest daily oil production of all oil-producing companies. On 11 May 2022, Aramco became the largest (most valuable) company in the world by market cap, surpassing Apple Inc.