Begin typing your search above and press return to search.
Reliance Industries Emerge As The World's 2nd Largest Energy Company
By: Tupaki Desk | 27 July 2020 2:25 PM GMT
Days after Mukesh Ambani emerged as the fifth-wealthiest person on the planet, Reliance Industries owned by him made yet another record. Reliance Industries turned out as the world's second-largest energy company.
Thanks to his refinery complex that played a crucial role in making this happen. The earning made by the refineries, Reliance Petroleum Limited added a whopping $8 billion, which in turn took the market value of the company to $189 billion,.
Reliance Industries overtook ExxonMobil Corporation to bag the second spot in the list of the largest energy companies in the world. ExxonMobil Corporation barely managed to add $1 billion.
The company shares of the Reliance Industries recorded a phenomenal growth this year as the share value went up by 43 percent. On the other hand, ExxonMobil Corporation saw a downfall of the shares by 39 percent.
Looking at the leading largest energy company in the world. Saudi Arabian Oil Company, Saudi Aramco, popularly known as Aramco is at the top place which enjoys a market capitalization of mammoth $1.76 trillion.
Thanks to his refinery complex that played a crucial role in making this happen. The earning made by the refineries, Reliance Petroleum Limited added a whopping $8 billion, which in turn took the market value of the company to $189 billion,.
Reliance Industries overtook ExxonMobil Corporation to bag the second spot in the list of the largest energy companies in the world. ExxonMobil Corporation barely managed to add $1 billion.
The company shares of the Reliance Industries recorded a phenomenal growth this year as the share value went up by 43 percent. On the other hand, ExxonMobil Corporation saw a downfall of the shares by 39 percent.
Looking at the leading largest energy company in the world. Saudi Arabian Oil Company, Saudi Aramco, popularly known as Aramco is at the top place which enjoys a market capitalization of mammoth $1.76 trillion.
