Table › Companies › Saudi Arabian Oil Co

Initials from the entity name. Click the row to open the full profile.Saudi Arabian Oil CoExtracting, refining, or transporting oil, gas, and coal. Saudi ArabiaOfficial site ↗
26 million
cars driven for a year
119 Mt CO₂e
Approximate — depends on local grid.Approximate — depends on local grid.Approximate — varies by species, climate and age of tree.
falling -2%/yr

🔥 Saudi Arabian Oil Co ranks #6 because it extracts and refines large quantities of oil, gas or coal.

How much of this entity's emissions could be tied to a named owner.How sure we are about the numbers — based on data coverage, recency and source agreement.Number of power plants or sites attributed to this entity in the Climate TRACE dataset.
⚔ CompareSee the proof
Climate Damage Score: 0–100. Bigger means more greenhouse gas this year. Built only from measured emissions and trend.
#6 of 1649

Saudi Arabian Oil Co, based in Saudi Arabia, extracts, refines or transports oil, gas and coal. Climate TRACE attributes 22 high-emitting assets to it. Its largest tracked activities are oil & gas extraction, oil & gas transport and oil refining.

Produces fossil fuelsOil, gas and coal are extracted, processed and moved at scale.
Methane can leakProduction and transport can release methane — a very potent short-term greenhouse gas.
Burned downstreamWhen the fuels are used elsewhere, they release large amounts of CO₂.
See the proof

Power plants & sites behind it22 attributed assets · ownership split equally across listed owners

AssetSectorOwnershipAttributedConf.
Saudi Arabia_Widyan - North Arabian Gulf_Conventional onshoreFossil Fuels50%54.9 Mtvery low
Saudi Arabia_Widyan - North Arabian Gulf_Conventional onshoreFossil Fuels50%14.2 Mtvery low
Motiva Port Arthur RefineryFossil Fuels100%6.1 Mtvery low
Saudi Aramco Ras Tanura RefineryFossil Fuels100%5.8 Mtvery low
Wasit Gas power plantPower100%4.6 Mtvery low
Saudi Aramco Jazan RefineryFossil Fuels100%4.2 Mtvery low
Shaybah Gas power plantPower100%3.5 Mtvery low
Saudi Aramco SASREF Jubail RefineryFossil Fuels100%3.2 Mtvery low
S-Oil Onsan RefineryFossil Fuels50%3.1 Mtlow
Jizan IGCC power plantPower33%3 Mtvery low
Saudi Aramco Yanbu RefineryFossil Fuels100%2.4 Mtvery low
SATORP Saudi Aramco Total Jubail RefineryFossil Fuels50%2.4 Mtvery low
Where this comes from
Climate TRACE — asset-level emissions & ownership · CC BY 4.0
Fossil Fuels · reference year 2024
Who profits

Hand-curated shareholder, revenue and investor context from primary public sources. This data is shown alongside — but is not used to compute — the Climate Damage Score.

About this data. Institutional investors like BlackRock, Vanguard and State Street typically hold shares on behalf of clients — appearing in shareholder records does not mean they control or direct the company. State entities and individuals with majority stakes are different and labelled accordingly.

Visit Saudi Arabian Oil Company (Saudi Aramco)
publicListed: 2222.SRParent: Government of Saudi Arabia (direct) …HQ Saudi Arabia

Revenue

$441BUSD · FY2023

Source: Wikipedia — Saudi Aramco (2023 annual report)

Emissions intensity

0.27MtCO₂e / $1bn revenue

Below the curated-sample median (2.02 Mt/$bn) — fewer emissions per dollar of revenue than the typical large emitter we have data for.

Top shareholders & investors

  • Government of Saudi Arabia (direct)82.2%state
  • Public Investment Fund (Saudi Arabia sovereign wealth fund)16%state
  • Public free float (Tadawul)1.7%public

Source: primary public filings via Wikipedia. Stakes can change; see filings for the latest.

≈98% state-controlled between direct government holding and PIF. Free float on Tadawul is small but represents one of the largest IPOs in history (2019).

How it's allowed

Signals below are derived from emissions data and ownership coverage only — not from any legal or regulatory finding.

Permitted Emissions
These emissions appear to occur under existing permits and regulations. Operating legally is not the same as operating cleanly.
Ownership Data Gaps
Only 56% of this entity's attributed emissions trace to a clearly identified owner. Incomplete ownership data limits accountability.
Methane Exposure
Oil and gas operations can release methane, a greenhouse gas far more potent than CO₂ over the short term. Leakage is often under-measured.
Improving Trajectory
Attributed emissions are falling (~2%/yr) — an improving trajectory, though absolute output remains large.
Low Measurement Confidence
Measurement confidence for this entity is low; figures are best-available estimates.
No Verified Enforcement or Lobbying Record
This dataset contains no verified enforcement actions, lobbying records, subsidies, or litigation for this entity. Absence of evidence here is not evidence of compliance or of any violation.

Climate Villains makes no claim that any entity has broken any law. These are data-derived signals, not allegations.

Trend
Improving▼ −2.3% falling
119 Mt127 Mt135 Mt20222024

Attributed emissions are falling by about +2.3% per year. Attributed emissions, 2022–2024.

It ranks #6 mainly because its attributed assets emitted about 119 Mt CO₂e in 2024 (≈ 26M cars/yr).

The Climate Damage Score is driven by that absolute size on a log scale, with a -0.2-point improving adjustment.

Score breakdown

Absolute emissions
95 pts
Trend modifier
▼ −2.3% falling-0.2 pts
Data confidence
How sure we are about the measurement. A low score doesn't lower the polluter's rank — it just shows the data is fuzzier.

See the full methodology for how the score is built, or data & coverage for how complete the underlying numbers are.

What we know · what we don't

What we know

  • Attributed emissions: 119 Mt CO₂e in 2024 (≈ 26M cars/yr).
  • Primary sector: Fossil Fuels; primary country: Saudi Arabia.
  • Evidence: 22 assets; ~56% ownership-attribution coverage.
  • Source: Climate TRACE (CC BY 4.0).

What we don’t

  • Exact ownership percentages — Climate TRACE lists owners but not stakes, so shared assets are split equally.
  • Indirect (supply-chain / financed / product-use) emissions are not included.
  • Some of this sector's emissions could not be attributed to any named owner.
  • No PR claims, lobbying records, litigation history or policy-compliance data are included.
How sure we are about the measurement. A low score doesn't lower the polluter's rank — it just shows the data is fuzzier.How much of this entity's emissions could be tied to a named owner. Higher means a more complete picture.