10 largest Oil and Gas Companies

The list represent the 10 largest Oil and Gas Companies in the world by turnover. Click on the links for more information about the companies.

Company name Sales
(US$ billion)
United States Exxon Mobil 496,255
Netherlands United Kingdom Royal Dutch Shell 484,489
United Kingdom BP 386,463
China Sinopec 375,214
China China National Petroleum 352,338
Saudi Arabia Saudi Aramco 311,000
United States Chevron Corporation 245,621
United States Conoco Phillips 237,272
France Total SA 231,580
Russia Gazprom 157,830

Exxon Mobil

ExxonMobil is the world’s largest publicly traded international oil and gas company. We hold an industry-leading inventory of global oil and gas resources. We are the world’s largest refiner and marketer of petroleum products, and our chemical company ranks among the world’s largest. We apply science and innovation to find better, safer and cleaner ways to deliver the energy the world needs.

Exxon Mobil

Royal Dutch Shell

Royal Dutch Shell plc, commonly known as Shell, is an Anglo–Dutch multinational oil and gas company headquartered in the Netherlands and incorporated in the United Kingdom. Created by the merger of Royal Dutch Petroleum and UK-based Shell Transport & Trading, and as of 2014 it is the fourth largest company in the world, in terms of revenue, and one of the six oil and gas “supermajors“.

Royal Dutch Shell

BP

BP is one of the world’s leading international oil and gas companies. We provide customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving, and the petrochemicals products used to make everyday items as diverse as paints, clothes and packaging.

BP

Sinopec

China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and petrochemical enterprise group established in July 1998 on the basis of the former China Petrochemical Corporation. Sinopec Group is a state-owned company solely invested by the State, functioning as a state-authorized investment organization in which the state holds the controlling share. Headquartered in Beijing, Sinopec Group has a registered capital of RMB 182 billion.

Sinopec Group executes the investor rights over related state assets owned by its full subsidiaries, controlled companies and share-holding companies. These rights include receiving returns on assets, making major decisions and appointing management teams. The Group operates, manages and supervises state assets according to related laws, and shoulders the corresponding responsibility of maintaining and increasing the value of state assets. China Petroleum & Chemical Company (Sinopec Corp.), controlled by Sinopec Group, issued H-shares and A-shares at overseas and home respectively in October 2000 and August 2001 and was listed on stock markets in Hong Kong, New York, London and Shanghai. The total number of shares of Sinopec Corp. was 86.7 billion, in which Sinopec Group owns 75.84%, international investors own 19.35% and domestic investors own 4.81%.

Sinopec Group’s key business activities include: industrial investment and investment management; the exploration, production, storage and transportation (including pipeline transportation), marketing and comprehensive utilization of oil and natural gas; oil refining; the wholesale of gasoline, kerosene and diesel; the production, marketing, storage, transportation of petrochemicals and other chemical products; the design, construction and installation of petroleum and petrochemical engineering projects; the overhaul and maintenance of petroleum and petrochemical equipments; the manufacturing of electrical and mechanical equipments; the research, development, application and consulting services of technology, information and alternative energy products, the import and export of commodities and technologies both for the Group and as a proxy (with the exception of those commodities and technologies that are either banned by the State or to be carried out by the state-designated companies).

Sinopec

China National Petroleum

CNPC is the government-owned parent company of publicly listed PetroChina, which was created on November 5, 1999 as part of the restructuring of CNPC. In the restructuring, CNPC injected into PetroChina most of the assets and liabilities of CNPC relating to its hydrocarbon exploration and production, refining and marketing, chemicals and natural gas businesses. CNPC and PetroChina develop overseas assets through a joint venture, CNPC Exploration & Development Company (CNODC), which is 50% owned by PetroChina.

China National Petroleum

Saudi Aramco

Saudi Aramco – the state state-owned oil company of the Kingdom of Saudi Arabia – is a fully integrated, global petroleum enterprise and a world leader in exploration, production, refining, distribution, marketing and petrochemicals manufacturing. It manages the world’s largest proven conventional crude oil and condensate reserves of 260.2 billion barrels and the world’s fourth-largest natural gas reserves of 288.4 trillion standard cubic feet. Saudi Aramco is also among the top producers of natural gas, maintaining the fourth-largest natural gas reserves in the world.Saudi Aramco is headquartered in Dhahran, Saudi Arabia, and employs more than 55,000 employees. Operations span the Kingdom of Saudi Arabia, and through subsidiaries and joint ventures, Saudi Aramco’s activities span the globe.

Saudi Aramco

Chevron Corporation

Chevron Corporation is an American multinational energy corporation. One of the successor companies of Standard Oil, it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil, gas, and geothermal energy industries, including exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron is one of the world’s largest oil companies; as of 2013, it ranked third in theFortune Global 500-2014 list of the world’s largest companies.

Chevron’s downstream operations manufacture and sell products such as fuels, lubricants, additives and petrochemicals. The company’s most significant areas of operations are the west coast of North America, the U.S. Gulf Coast, Southeast Asia, South Korea, Australia and South Africa. In 2010, Chevron sold an average 3.1 million barrels per day (490×103 m3/d) of refined products like gasoline, diesel and jet fuel.

Chevron’s alternative energy operations include geothermal, solar, wind, biofuel, fuel cells, and hydrogen. In 2011–2013, the company plans to spend at least $2 billion on research and acquisition of renewable power ventures. Chevron has claimed to be the world’s largest producer of geothermal energy. In October 2011, Chevron launched a 29-MW thermal solar-to-steam facility in the Coalinga Field to produce the steam for enhanced oil recovery. The project is the largest of its kind in the world.

Chevron Corporation

Conoco Phillips

Conoco Inc. was an American oil company founded in 1875 as the Continental Oil and Transportation Co. Based in Ogden, Utah, the company was a coal, oil, kerosene, grease and candles distributor in the West. Marland Oil Co. (founded by exploration pioneer E. W. Marland) later acquired the assets (subject to liabilities) of Continental Oil Co., for a consideration of 2,317,266 shares of stock. On June 26, 1929, Marland Oil changed its name to Continental Oil Co. and moved its headquarters to Ponca City, Oklahoma. The acquisition gave Conoco the red bar-and-triangle logo previously used by Marland. Conoco used the logo between 1930 and 1970, when the current red capsule logo was adopted.

The Conoco headquarters were in Ponca City until 1949, when it moved to Houston, Texas. In 2002 Conoco Inc. and Phillips Petroleum Co., whose headquarters were in nearby Bartlesville, Oklahoma merged into ConocoPhillips

ConocoPhillips focuses solely on exploring for, developing and producing oil and natural gas globally. The company manages its operations through six operating segments, which are defined by geographic region: Alaska, Lower 48 and Latin America, Canada, Europe, Asia Pacific and Middle East, and Other International.

Conoco Phillips

Total SA

Total S.A. is a French multinational integrated oil and gas company and one of the five “Supermajor” oil companies in the world. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. Total is also a large-scale chemicalsmanufacturer. The company has its head office in the Tour Total in the La Défense district in Courbevoie, west of Paris.

Total SA

Gazprom

Open Joint Stock Company Gazprom is the largest extractor of natural gas in the world and one of the world’s largest companies. Its name is a contraction of the Russian words Gazovaya Promyshlennost. Its headquarters are in Moscow.

Gazprom was created in 1989 when the Soviet Ministry of Gas Industry converted to a corporation, retaining all its assets. The company was later partly privatised, although the Russian government currently holds a majority stake. In 2011, the company produced about 513.2 billion cubic metres (18.12 trillion cubic feet) of natural gas, amounting to more than 17% of worldwide gas production. In addition, Gazprom produced about 32.3 million tons of crude oil and nearly 12.1 million tons of gas condensate. Gazprom’s activities accounted for 8% of Russia’s gross domestic product in 2011.

Gazprom’s major production fields are located around the Gulf of Ob in Western Siberia, and the Yamal Peninsula is expected to become the company’s main gas producing region in the future. Gazprom possesses the largest gas transport system in the world, with approximately 158,200 kilometres of gas trunk lines. Major new pipeline projects include Nord Stream and South Stream. The company has a number of subsidiaries in various industrial sectors, including finance, media and aviation, as well as majority stakes in various companies.

Gazprom

Comments

Categories: Oil & Gas

Comments are closed