In this article I have explained top 10 oil and gas companies in the world.
Let’s know best oil and gas companies in the world.
Table of Contents
1. Saudi Aramco
Saudi Aramco is No. 1 company in the world. It is owned by Saudi government. Its production capacity is approx 11 million barrels per day. Saudi Aramco posses 2nd largest oil reserves in the world.
Saudi Aramco is most profitable oil and gas company in the world. It is highly profitable due to low cost oil production in Saudi Arabia. Saudi Aramco have various crude oil processing units inside and outside of the Saudi Arabia. Its crude oil refining capacity is approx 11 million barrels per day.
2. Sinopec
Sinopec comes at No. 2 in this list. Sinopec is owned by Chinese Government. Its main work is oil and gas exploration. This oil giant also have huge presence in the middle east. It is working with ADNOC and Saudi Aramco to produce oil and gas. This oil giant have onshore and offshore drilling rigs to produce crude oil.
3. PetroChina
PetroChina is 2nd largest company of company of China. PetroChina not only explore oil and gas but also refine crude oil on large scale. The average refining capacity is 4.45 million barrels per day.
4. ExxonMobil
ExxonMobil is a private limited company. It is largest oil and gas company in the world controlled by a private firm. ExxonMobil formed after the merger of Exxon and Mobil. It crude oil refining capacity is 2.29 million barrels per day.
5. Shell
Shell is public listed UK based company. Shell is one of the oldest company in field of oil and gas. They have strong presence in Europe. Shell was formed due to merger of Royal Dutch Petroleum Company and the Shell Transport and Trading Company. Its crude oil refining capacity is 3.237 million barrels per day.
6. TotalEnergies
TotalEnergies is a well known company in France. It is a public listed company based in France. Before, it was oil and gas company. Now it is transformed into complete energy company. Apart from oil and gas, they are working in other sectors such as chemical and electricity. Its crude oil refining capacity is 2.8 million barrels per day.
7. BP
BP is a UK based public listed company. It is working in the field of oil and gas since 1910. First it was named as Anglo-Persian Oil Company. In 2001, company rebranded as Beyond Petroleum (BP).
BP is transforming its businesses from oil and gas to low carbon energy such as solar energy and wind energy. Its crude oil refining capacity is 2.1 million barrels per day.
8. Chevron Corporation
Chevron Corporation is US based public listed company. They are highly diversified in all areas of oil and gas industry. It refine 3.1 million barrels per day.
9. Marathon Petroleum
It is also US based public listed company. This company is working since 1805 in the field of oil and gas. This company now transforming its business from oil to low carbon renewable energy such as solar energy and wind energy. Its crude oil processing capacity is 2.8 million barrels per day.
10. Valero Energy Corporation
Valero Energy Corporation also US based company. This is public listed company. It is largest oil refiner in the country. This company also largest distributor of fuel in America. They have best distribution in USA. They are also working in Canada. Its crude oil refining capacity is 2.77 million barrels per day.