Boyle's Oil (Arabi)
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Public | |
Traded as | BOC |
Industry | Energy: Oil and gas |
Founded | June 27, 1886 |
Founder | Bailey Boyle |
Headquarters | Old Clark City, , |
Area served | Worldwide |
Key people | Matthew Boyle (CEO) |
Products | |
Revenue | AD$198.21 billion (2018) |
AD$11.3 billion (2018) | |
AD$16.36 billion (2018) | |
Total assets | AD$213.5 billion (2018) |
Total equity | AD$204.38 billion (2018) |
Number of employees | 69,235 (2018) |
Boyle's Oil Company, doing business as Boyle's Oil, is an Arabinian multinational oil and gas company headquarted in Old Clark City. The company was founded by Bailey Boyle in 1886.
On December 10, 2018, CEO Matthew Boyle announced the company had brokered an agreement with the Arabin federal government to phase out the use of fossil fuels and oil use over a 5-year period beginning January 1, 2020. The same day Boyle announced that in 2025 the company will be dissolved to form a new energy company based on using renewable energy in order to combat climate change brought on by global warning from burning fossil fuels.