oil company
- noun
- /ɔɪl ˈkʌmpəni/
- 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.
- So you started working at an oil company at one point.
- When the price of oil showed up, the oil companies started earning multimillion dollar profits.
- The country, they say, has resorted to borrowing and selling shares in the state oil company just to fund these projects.
- There is much of it went to the Anglo Persian Oil Company which they actually discovered the oil in the province.
- We sold our federal tax credits to Chevron, the oil company, and then we sold our state tax credit in Oklahoma.
- Like owning, opening your own business, whether it's in fashion or a grocery store or an oil company, whatever.
- And perhaps some oil companies in the past have bought experts to diminish the threat of global warming.
- I mean, just just think about it, You know, the windfall tax, I've been a Conservative government, I put a windfall tax on gas and oil companies.
- It's government socialism for oil companies in the form of green energy.
- I haven't seen them changing demand so the oil companies could care less.
- So I, I took my first, first was an oil company in Portugal.
- I'm kind of interested in oceans, and we were fighting oil companies, and I had a way to go.
- This is the biggest oil company and oil traders in the world who are saying this.
- I'd like just just charge less for gas, like, and maybe as an oil company, you don't profit as much.
Examples
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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.
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So you started working at an oil company at one point.
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OK, So oil companies are still buying equipment.
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Now, once the oil company has a lease...
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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.
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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
Surface Forms
Morphology
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'.