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oil company

oil company

117 3.0
A company that finds, refines, and sells oil
  • noun
  • /ɔɪl ˈkʌmpəni/
translation icon : empresa petrolera
  • Many residents in the town work for the local oil company that produces crude oil.
  • international oil companies
  • a major oil company
  • foreign oil companies

So you started working at an oil company at one point.

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Examples

  • Motivated by profit, the international oil companies generally seek to maximize return on their investments.

    Academic text (1990)
  • The oil company announced plans to expand its operations into renewable energy.

  • So you started working at an oil company at one point.

  • OK, So oil companies are still buying equipment.

  • Now, once the oil company has a lease...

  • Most of the major oil companies and some of the large independents have a presence here.

    Academic text (2011)
  • Each of these oil companies drills a test well in the oil fields.

  • Aunt Winifred worked for the oil company, which took her out of the house all day.

    Fiction book (1995)
  • The current situation is too volatile and unpredictable for international oil companies to make large commitments.

    Academic text (1993)
  • When the price of oil showed up, the oil companies started earning multimillion dollar profits.

How Big

oil industry
34 3.0
oil company
117 3.0
oil worker
5 2.0

Surface Forms

oil company singular
oil companies plural

Morphology

oil + company

The meaning 'a company involved in the production, refining, or distribution of oil' is directly compositional from 'oil' (the substance) and 'company' (an organization). This noun+noun compound pattern is a regular, cross-linguistically common way to form denotative phrases, so a B1 learner who knows both constituents will readily infer the MWE's meaning.

Etymology

The compound oil company comes from a simple picture: a group of people, a company, working with barrels of oil to sell or move it. That's why today it means a firm that produces, processes, or sells 'oil'.