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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.
Chevron Pacific Indonesia, subsidiary of Chevron Corporation, is the largest producer of crude oil in the country, accounting for around 40 percent of national production. Other major players in Indonesia's oil industry are state-owned Pertamina, Total, ConocoPhillips, PetroChina, CNOOC, Medco, BP, Kodeco, and Exxon Mobil.