State-owned energy companies are businesses that are owned and operated by a government. These companies are responsible for producing, distributing, and managing energy resources, such as oil, natural gas, and electricity. The primary goal of these companies is to ensure energy security and provide affordable energy to the public. These companies often play a significant role in a country's economy and can influence energy prices and policies. Examples of state-owned energy companies include Saudi Aramco in Saudi Arabia and Gazprom in Russia. They may also focus on renewable energy sources to support sustainability efforts.