6. Petromin Corporation

Established: 1968

Headquarters: Saudi Arabia

Group CEO: Kalyana Sivagnanam


Petromin Corporation operates 235 petrol stations that offer eco-steam vehicle wash services, contributing to a 90% reduction in water consumption compared to conventional car washing. Its subsidiary, Electromin, is building a charging network for electric vehicles (EVs) across Saudi Arabia. In November 2022, Electromin partnered with Siemens to supply EV chargers in Saudi Arabia. In April 2023, Electromin and Saudi’s Ministry of Transport and Logistics Services inaugurated an autonomous shuttle operation at ROSHN Riyadh Business Front. Its other subsidiary, Petrolube, is reducing carbon emissions through logistics efficiency, which has resulted in 22% trip efficiency since 2018.

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