The Saudi Arabian National Petroleum Corporation, referred to as "Saudi Arabia", brings hope to the world's energy. Their business is to provide energy and chemical products that the world depends on, protecting and protecting nature for future generations.

    "We are committed to working with all oil-producing countries, whether OPEC or non-OPEC oil-producing countries, and we have reached a great and historic agreement... We will support any practice that stabilizes the supply and demand of the oil market," said Crown Prince Crown Prince of Saudi Arabia Salman in an interview. (edited from the official website of the enterprise)

    Watch the World's Energy Road with A Peaceful Mind

    After many days of gusty winds and rains in Beijing, it is rare that tonight's good weather released depressed mood, and help us find that the world is so beautiful. Suddenly looking back at more than half of the year in 2021, affected by the uninterrupted global epidemic news, many industries are still in pessimism. We are indeed pleased to find that the energy economy in the first quarter has shown a strong recovery, which comes from oil. The world's unprecedented production power, Saudi Arabia's National Petroleum Corporation, referred to as "Saudi Arabia" with the energy brand value economy for the world to take the lead in opening up the hope of the world's energy in the future.

    On the ranking of “The First Daguan·Keweiwei World Brand Value Top 900" released on March 14, 2021, JP Morgan's brand value was 933.088 billion RMB, ranking the 10th.

    May 4, 2021— Saudi Arabia announced the first quarter financial report, a year-on-year increase of 30%, net income increased to 21.7 billion USD, and announced a dividend of 18.8 billion USD in the second quarter. This result is supported by rising oil prices and the improvement of the US economic environment.

  When many industries around the world asked for the understanding and support of the government and the market in the lament of the epidemic economy, we have seen companies from the world's top 900 brands overcome numerous difficulties, protect their lifelines during the crisis, and lead the world economy. The advantages of major country brands arouse the hope of the world economy.

    Introduction of Saudi Arabia

    "I believe that the power of energy can change lives, improve communities, promote human progress, and sustain our planet. It is predicted that the global population will increase by 2 billion in the next 25 years. In order to meet the growing demand, more energy will be needed. All available energy is needed to meet this demand—both traditional and alternative energy sources. Moreover, although alternative energy sources are making steady progress, it will not be able to meet future demand alone. Even as we are on the transition to a low-emissions future, hydrocarbon energy still needs a long time to meet most of the world’s energy needs."

  After graduating from university, I was assigned to the Beijing Design Institute of Sinopec to do financial work. Every time I face senior engineers and technicians who return from the oil refinery for several months or even a year, I deeply feel the importance of energy status of the oil and gas industry in the country and the responsibilities required by the quality of professionals, especially the hardship and difficulty of the front-line staff. (Since the 20th century, the proportion of oil and gas in the world's energy structure has gradually increased and has now replaced coal as the king of energy.)

  Oil and natural gas resources occupy an extremely important position in the national economy. The application value of oil and gas resources is highly valued in all countries and has long become the focus of each country's strategic national policy. China is a big producer with relatively rich oil and natural gas resources. However, with the requirements of the national economy’s living standards, China’s oil and gas resources are poor compared to the vast territory and large population, and a large number of imports from abroad are needed. Since then, it has formulated a strong oil and gas resource development strategy, effectively developed domestic oil and gas resources, actively participated in international oil and gas resource development, and jointly defended the world's oil and gas competition initiative.

    As the world's largest comprehensive oil and gas company, Saudi Arabian Oil Company is the world's leading energy and chemical producer. By continuing to provide uninterrupted energy supply to the world, it promotes global business development and improves people daily life around the world.

    Through the successful operation cases of its unique large projects, the mature ability to deal with the challenges of extreme engineering projects has seen the innovative and unique overall solution strength of Saudi Arabian Oil Company "Saudi Aramco", and has made innovative contributions to effectively overcome difficult problems in the world energy community. Let the world feel the value hope from energy.

      Saudi Arabian Petroleum Company leads a multinational team of more than 70,000 people. With a tenacious and persistent corporate value concept, it effectively combines passion, purpose and performance, and is committed to improving energy efficiency and responding to global emissions challenges.

      As a world-renowned oil company, everything it does is praised based on corporate values: citizenship, safety, responsibility, excellence and integrity. Through the practice of corporate values and good business practices, we always achieve high levels of performance and efficiency, not only to provide value for the company, but also for customers, partners and the communities in which we operate.

        Create Value and Promote the Future Economy

    Continuous investment in technology is a key factor for the company's long-term survival. The corporate approach helps strengthen our global position in the oil and gas sector by improving production efficiency and resilience.

      Of course, the foundation of a sustainable company is safe and healthy employees.

      At Saudi Aramco, mitigating health and safety risks both inside and outside work is the top priority. Actively advocate a culture that values the health and welfare of employees, and implement strict safety regulations in all facilities and workplaces. Providing the world with the energy and chemicals it needs is an important task. However, taking care of the health and safety of the people is the most important task.

  Saudi Aramco uses the actual driving force of sustainable operation to influence and promote the future economy of the world. Continuous investment in technology is a key factor for the company's long-term survival. The “Saudi Aramco” approach helps strengthen the company’s global position in the oil and gas sector by improving production efficiency and resilience. Focus more on innovative upstream and downstream technologies, making the resources and products of enterprises more accessible, more useful, more sustainable and more competitive. By proposing effective and innovative solutions, Saudi Aramco can make meaningful and positive contributions to major global energy issues, benefiting Saudi Aramco companies and energy consumers around the world.

     Saudi Arabia is the world's largest comprehensive oil and gas company; its upstream business manages Saudi Arabia's unique oil and gas reserve base, optimizing production and maximizing long-term value. It also operates a strategic global downstream business. The upstream continues to invest in the development of cutting-edge technology and digital transformation projects. In January of this year, Aramco and Saudi Telecommunications Corporation commissioned Dammam 7, a supercomputer. Named after the first successful oil well discovered in the year.

  Saudi Arabia's dammam7 supercomputer ranks among the top ten supercomputers, the world's most powerful supercomputer, with a processing capacity of 55.4 Gigabit times. This supercomputer is capable of running detailed three-dimensional graphics and is designed to improve the earth model for exploration and development, and achieve success while reducing related risks.

  The downstream business is keeping up with its long-term strategy through further strategic integration and diversified operations. In the first quarter of 2021, downstream enhanced its operating model to further support the integration of the hydrocarbon value chain, which will help Aramco strengthen its financial performance, value creation and global growth.

  To explore more reasons to influence encourage more people in the world to realize that in view of the positive signs of energy demand in 2021, better days are coming. Although there are still some unfavorable factors, companies are still in a good position to meet the world's growing energy demand recovery as the economy starts.

  It is reshaping its core business, improving efficiency and strengthening its industry leadership. In the first quarter of 2021, 11.5 million barrels of oil equivalent per day will be produced, including 8.6 million barrels of crude oil per day.

  During the extraordinary period of the epidemic, watch the economic recovery and rise brought about by the world's energy with a peaceful mind.

      As the saying goes, one side of the water and soil nourish the other people, the mountain is sheltered by the mountain's resources, and the sea is nourished by the sea's resources. For a long time, the demand distribution of world oil and gas resources has also been extremely uneven. The United States, Western Europe, Japan and other developed countries and regions have huge demand for oil and gas, but their own resources cannot meet their needs. Most of the oil and gas are produced from the Middle East and other developing countries and regions. The above-mentioned unbalanced distribution of resources and the serious dislocation of resource-rich areas and demand areas have led to contradictions between supply and demand, often leading to oil and gas price wars, trade wars, and even wars and armed conflicts. In order to safeguard their strategic interests and maintain sustainable economic development, they are competing for the initiative in oil competition by adopting political, economic, military, and diplomatic measures. Analyzing the many wars and armed conflicts that have occurred in the past ten years, most of them are related to oil and gas. Due to the importance of oil and gas resources, all countries have formulated corresponding oil and gas resource strategies according to their actual conditions.

    Continuing to pay attention to the development and forecast of the energy economy has long become the primary responsibility of professional scholars in the world economics, financial, futures, stocks and other investment circles.

    Although we have seen energy companies represented by "Saudi Aramco" bring the brand value power of the world's energy recovery, there will still be influences from various factors that affect the future of the energy economy, such as: the company cannot control the risks, uncertainties and other important factors that may lead to the company’s actual performance, international crude oil supply and demand conditions, uncertain price factors, future development of the world epidemic and prevention of variations, COVID-19’s impact on business and economic conditions, crude oil and natural gas. The impact of supply and demand, refined and petrochemical products; competitive pressures; climate change issues and impacts; terrorism and armed conflicts; company operations; risks related to international business, including sanctions and trade restrictions, anti-bribery and anti-corruption, Asia’s disadvantageous economic or political development of the oil and gas, oil and petrochemical industries, financial exchange rate and stock manipulation risks, strong intervention of oil and gas’s special national leverage, uncertain factors will lead to the forecast of the oil and gas energy value trend. Valuation biases, such as the recent fluctuations in oil stock market stock prices, have issued industry financial warnings to people. (The above short paragraph of text comes from the Internet)

  In the extraordinary period of the epidemic economy, how to watch the continuous recovery and rise of the world's energy brought about by the world's energy with a peaceful mind may raise a higher level of issues for today's brand value economy.

    Saudi Aramco has operations all over the world, from promising international start-ups to strategic global innovation centers and global partnerships. Saudi Aramco is proud to sponsor selected events, organizations and projects that are consistent with the company's business and brand strategy and goals.

   With the expansion of corporate business, the actions taken by “Saudi Aramco” to ensure that it leaves a lasting legacy to protect the planet it inhabits are also expanding. It is the business of “Saudi Aramco” to provide energy and chemical products that the world depends on. The same goes for protecting and protecting people’s natural environment for future generations.

   Saudi Aramco has always defended environmental protection, planted more than 500,000 trees in the first quarter, successfully completed the project, and planned to plant one million trees. The main goal of the project is to alleviate desertification, sequester carbon, and enhance local biodiversity. The One Million Tree Initiative and the United Nations Biodiversity and Sustainable Development Goals are the company's commitment to protecting the environment.

  The company also contributed to vaccination efforts in the first quarter to protect children, its staff and the wider community from the risk of infection. As of April 30, more than 178,000 Aramco employees, retirees and their families had been vaccinated. This includes about 85% of Aramco employees. These are carried out through Aramco's vaccination program in 14 locations in Saudi Arabia, with medical partner Johns Hopkins Aramco, or through the government vaccination program.

  Saudi Aramco’s business integrity is based on the ethical standards of our employees in their daily operations. Honesty is a valuable asset, it is the foundation of corporate reputation and integrity, and the guarantee of personal integrity.

      We treat people with fairness and respect, we embrace diversity, accept differences, and we do not tolerate inappropriate behavior.

      The recovery of energy brand value has lightened the hope of the world for us, looking forward to a better world in the future.

Author:   Song Jinhong

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