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The desert kingdom has around 16% of the worldâs proven oil reserves and is the biggest global exporter of petroleum liquids. There is little doubt as to why its national oil company, Saudi Aramco, the biggest energy company in the world, generates over $1 billion in revenue every single day.
Some oil companies utilize patents as tools to negotiate new deals. Some of the largest and most productive oil companies in Canada are Suncor Energy, Inc. (NYSE: SU), Enbridge, Inc. (NYSE: ENB), Imperial Oil, Ltd. (AMEX: IMO), Canadian Natural Resources, Ltd. (NYSE: CNQ) and TransCanada Corp. (NYSE:TRP). Suncor is the largest company, in terms of total revenue, in Canada.