It’s Saudi Aramco—the world’s most important energy producer, controlling Saudi Arabia’s roughly 321 billion barrels of proven oil and gas reserves.
The company could open itself up to outside investors in a share sale, according to deputy Crown Prince Muhammad bin Salman, who mentioned the matter to reporters from The Economist today (Jan. 7).
“This is something that is being reviewed, and we believe a decision will be made over the next few months,” he said, according to a transcript of the interview.
Source: You’ve probably never heard of the world’s most valuable company
Photo: Hasan Jamali/AP