Since many stockholders are british, and the company has its headquarters in London, yes of course.

But my argument is also historical, where many of the oil fields in Saudi Arabia used to be operated by western oil companies. The Wahhabi fundamentalists were brought into power by the British and Americans to make the access to oil easier for them, Iran was couped by the CIA for western Oil access etc.

Blaming the countries where oil is exploited for the fossil society that was built and is maintained by western countries is cynical and hypocritical.