List of Largest Oil Refining/Marketing Companies 2022

Last updated on October 6th, 2022 at 11:26 am

Here you can find the List of Largest Oil Refining/Marketing Companies which are sorted out based on the Total Revenue (Sales).

ENEOS HOLDINGS INC and Marathon Petroleum Corporation is the largest Oil Refining/Marketing Company with a Revenue of  $ 69 Billion. Marathon Petroleum Corporation has over 130 years of history in the energy business, and is a leading, integrated, downstream energy company.

The company operate the nation’s largest refining system with approximately 2.9 million barrels per day of crude oil refining capacity and one of the largest wholesale suppliers of gasoline and distillates to resellers in the United States.

List of oil and gas refining and marketing companies in the world

List of Largest Oil Refining/Marketing Companies

So here is the list of top oil and gas refining and marketing companies in the world

Marathon Petroleum Corporation

Marathon Petroleum Corporation currently own and operate refineries in the Gulf Coast, Mid-Continent and West Coast regions of the United States with an aggregate crude oil refining capacity of 2,887 mbpcd. During 2021, refineries processed 2,621 mbpd of crude oil and 178 mbpd of other charge and blendstocks.

One of the biggest oil refining companies in USA. The company refineries include crude oil atmospheric and vacuum distillation, fluid catalytic cracking, hydrocracking, catalytic reforming, coking, desulfurization and sulfur recovery units. The refineries process a wide variety of condensate and light and heavy crude oils purchased from various domestic and foreign suppliers.

The company produce numerous refined products, ranging from transportation fuels, such as reformulated gasolines, blend-grade gasolines intended for blending with ethanol and ULSD fuel, to heavy fuel oil and asphalt. Additionally, manufacture aromatics, propane, propylene and sulfur. The company refineries are integrated with each other via pipelines, terminals and barges to maximize operating efficiency.

Valero Energy Corporation

Founded in 1980 and named for the mission San Antonio de Valero – the original name of the Alamo – Valero Energy Corporation has continued to grow and evolve to become the largest global independent petroleum refiner and a leading producer of renewable fuels in North America. 

Today, Valero has 15 refineries in the U.S., Canada and the U.K., and a total throughput capacity of approximately 3.2 million barrels per day. Valero a leading renewable fuels producer. Diamond Green Diesel annually produces 700 million gallons of renewable diesel, and Valero now has 12 ethanol plants with an annual capacity of 1.6 billion gallons.

Valero supplies approximately 7,000 independently owned fuel outlets carrying its family of brands in the U.S., Canada, the U.K., Ireland and Mexico, as well as rack and bulk markets in those countries and Peru. The company is among the list of top 5 us oil refining companies in the world.

So here is the List of Largest Oil Refining/Marketing Companies based on the Total Revenue (Sales) in the Recent year.

S.NOCompany NameTotal Revenue CountryEmployeesDebt to Equity Return on EquityOperating Margin EBITDA IncomeTotal Debt
1ENEOS HOLDINGS INC $ 69 BillionJapan407530.912.0%5%$ 7,330 Million$ 24,791 Million
2Marathon Petroleum Corporation $ 69 BillionUnited States579000.81.5%2%$ 5,143 Million$ 28,762 Million
3Valero Energy Corporation $ 65 BillionUnited States99640.8-2.4%0%$ 2,522 Million$ 14,233 Million
4RELIANCE INDS $ 64 BillionIndia2363340.37.7%12%$ 12,697 Million$ 35,534 Million
5Phillips 66 $ 64 BillionUnited States143000.7-2.7%0%$ 1,415 Million$ 14,910 Million
6INDIAN OIL CORP $ 50 BillionIndia316480.822.1%8%$ 6,350 Million$ 14,627 Million
7HINDUSTAN PETROL $ 32 BillionIndia541911.125.6%4%$ 1,929 Million$ 5,664 Million
8BHARAT PETROL CORP $ 31 BillionIndia327011.240.5%5%$ 2,625 Million$ 7,847 Million
9SK INNOVATION $ 31 BillionSouth Korea24240.9-0.9%3%$ 2,344 Million$ 15,135 Million
10KOC HOLDING $ 25 BillionTurkey1006412.224.2%9%$ 3,538 Million$ 25,307 Million
11PKNORLEN $ 23 BillionPoland333770.417.2%7%$ 3,353 Million$ 4,972 Million
12COSMO ENERGY HLDGS CO LTD $ 20 BillionJapan70861.346.2%8%$ 2,157 Million$ 5,621 Million
13EMPRESAS COPEC SA $ 20 BillionChile 0.812.6%9%$ 2,696 Million$ 9,332 Million
14ULTRAPAR ON NM $ 16 BillionBrazil159461.89.3%1%$ 502 Million$ 3,341 Million
15S-OIL $ 15 BillionSouth Korea32220.919.8%8%$ 2,089 Million$ 4,903 Million
16PBF Energy Inc. $ 15 BillionUnited States37292.2-12.7%0%$ 628 Million$ 5,129 Million
17TOP FRONTIER INVESTMENT HLDGS. $ 15 BillionPhilippines 1.61.6%14%$ 3,630 Million$ 21,410 Million
18FORMOSA PETROCHEMICAL CORPORATION $ 15 BillionTaiwan 0.116.6%11%$ 2,542 Million$ 1,261 Million
19NESTE CORPORATION $ 14 BillionFinland48250.320.6%10%$ 2,373 Million$ 2,199 Million
20ESSO- oil refinery companies
 $ 13 BillionFrance22130.432.6%3%$ 458 Million$ 225 Million
21AMPOL LIMITED $ 12 BillionAustralia82000.617.1%3%$ 709 Million$ 1,337 Million
22HollyFrontier Corporation $ 11 BillionUnited States38910.68.5%5%$ 1,313 Million$ 3,494 Million
23CHINA AVIATION $ 11 BillionSingapore 0.06.6%0%$ 35 Million$ 18 Million
24TUPRAS $ 9 BillionTurkey 2.119.9%5%$ 772 Million$ 3,321 Million
25THAI OIL PUBLIC COMPANY LIMITED $ 8 BillionThailand 1.613.6%7%$ 773 Million$ 5,669 Million
26Targa Resources, Inc. $ 8 BillionUnited States23721.113.8%13%$ 2,820 Million$ 6,787 Million
27MOTOR OIL HELLAS S.A. (CR) $ 7 BillionGreece29721.818.6%3%$ 530 Million$ 2,459 Million
28Delek US Holdings, Inc. $ 7 BillionUnited States35322.4-42.1%-4%-$ 45 Million$ 2,391 Million
29HELLENIC PETROLEUM S.A. (CR) $ 7 BillionGreece35441.49.3%4%$ 615 Million$ 3,451 Million
30SARAS $ 6 BillionItaly16871.6-16.6%-1%$ 172 Million$ 1,358 Million
31PETRON CORPORATION $ 6 BillionPhilippines27095.38.1%5%$ 507 Million$ 5,384 Million
32RABIGH REFINING AND PETROCHEMICAL CO. $ 6 BillionSaudi Arabia 6.623.5%7%$ 1,582 Million$ 13,811 Million
33IRPC PUBLIC COMPANY LIMITED $ 6 BillionThailand 0.717.5%8%$ 778 Million$ 1,889 Million
34LOTOS $ 6 BillionPoland54730.217.5%12%$ 1,084 Million$ 825 Million
35BANGCHAK CORPORATION PUBLIC COMPANY $ 5 BillionThailand 1.714.2%6%$ 522 Million$ 2,871 Million
36MANGALORE REF &PET $ 4 BillionIndia50896.8-11.8%0%$ 165 Million$ 3,316 Million
37BAZAN $ 4 BillionIsrael13411.37.7%5%$ 482 Million$ 1,564 Million
38STAR PETROLEUM REFINING PUBLIC COMPANY $ 4 BillionThailand 0.312.5%3%$ 220 Million$ 309 Million
39ESSO (THAILAND) PUBLIC COMPANY LIMITED $ 4 BillionThailand 1.726.1%3%$ 236 Million$ 931 Million
40CVR Energy Inc. $ 4 BillionUnited States14232.2-3.4%0%$ 265 Million$ 1,714 Million
41QATAR FUEL QPSC $ 4 BillionQatar 0.011.5%4%$ 219 Million$ 38 Million
42YANCHANG PETROLEUM INTL LTD $ 4 BillionHong Kong2181.2-72.5%0%$ 16 Million$ 125 Million
43PTG ENERGY PUBLIC COMPANY LIMITED $ 3 BillionThailand 3.722.4%2%$ 166 Million$ 909 Million
44Par Pacific Holdings, Inc. Common Stock $ 3 BillionUnited States14036.5-69.9%-2%$ 22 Million$ 1,656 Million
45CHENNAI PETRO CP $ 3 BillionIndia15886.1-10.2%3%$ 177 Million$ 1,410 Million
46Western Midstream Partners, LP $ 3 BillionUnited States10452.332.5%40%$ 1,574 Million$ 7,126 Million
47BINH SON REFINING&PETROCHEM CO LTD $ 3 BillionVietnam19900.3   $ 528 Million
48PAZ OIL $ 2 BillionIsrael21621.7-1.1%2%$ 246 Million$ 1,625 Million
49Z ENERGY LIMITED NPV $ 2 BillionNew Zealand21211.120.5%8%$ 333 Million$ 915 Million
50SINANEN HOLDINGS CO LTD $ 2 BillionJapan15880.14.8%1%$ 47 Million$ 51 Million
51ELINOIL S.A. (CR) $ 2 BillionGreece2612.64.9%1%$ 23 Million$ 170 Million
52HENGYUAN REFINING COMPANY BERHAD $ 2 BillionMalaysia4810.63.7%7%$ 190 Million$ 267 Million
53PETRON MALAYSIA REFINING & MARKETING BERHAD $ 2 BillionMalaysia3410.412.2%7%$ 139 Million$ 168 Million
54TAEKWANG IND $ 2 BillionSouth Korea13520.07.1%14%$ 301 Million$ 97 Million
List of Largest Oil Refining/Marketing Companies

SO finally these are List of Largest Oil Refining/Marketing Companies in the world

TOP FRONTIER INVESTMENT HLDGS. is the largest oil refining and marketing company in the Philippines.

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