Top 10 Oil and Gas Companies in the World

Last updated on September 7th, 2022 at 12:44 pm

Here you can see the List of Top 10 oil and gas Companies in the world. Sinopec is the largest oil and gas companies in the world based on the Turnover followed by Royal Dutch.

List of Top 10 Oil and Gas Companies in the world

So here is the list of top 10 oil and gas Companies in the world which are sorted out based on the Total Sales. (Oil and Gas Companies)

1. Sinopec [China Petrochemical Corporation]

China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and petrochemical enterprise group, established by the state in July 1998 on the basis of the former China Petrochemical Corporation, and further incorporated as a limited liability corporation in August 2018.

A super large petroleum and petrochemical group, the company has a registered capital of 326.5 billion yuan with the board chairman of Sinopec Group serving as its legal representative. The company is largest Oil and Gas Company in the world.

  • Total Sales: $ 433 Billion
  • Country: China

It exercises the investor’s rights to the related state assets owned by its full subsidiaries, controlled companies and share-holding companies, including receiving returns on assets, making major decisions and appointing managers. It operates, manages and supervises state assets according to related laws, and shoulders the corresponding responsibility of maintaining and increasing the value of state assets.

Sinopec Group is the largest oil and petrochemical products suppliers and the second largest oil and gas producer in China, the largest refining company and the third largest chemical company in the world. Its total number of gas stations ranks the second place in the world. Sinopec Group ranked the 2nd on Fortune’s Global 500 List in 2019.

2. Royal Dutch Shell

Royal Dutch Shell is a global group of energy and petrochemical companies with an average of 86,000 employees in more than 70 countries. The Company has advanced technologies and take an innovative approach to help build a sustainable energy future.

In 1833, Marcus Samuel decided to expand his London business. He already sold antiques but decided to try selling oriental seashells as well, capitalising on their popularity in the interior design industry at that time. The company is the second largest oil and gas companies in the World.

The demand was so great that he began importing the shells from the Far East, laying the foundations for an import-export business that would ultimately become one of the world’s leading energy companies. Royal dutch is 2nd largest Oil and Gas companies in the World.

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3. Saudi Aramco

Saudi Aramco is a leading producer of the energy and chemicals that drive global commerce and enhance the daily lives of people around the globe. Saudi Aramco traces its beginnings to 1933 when a Concession Agreement was signed between Saudi Arabia and the Standard Oil Company of California (SOCAL).

  • Total Sales: $ 356 Billion
  • Country: Saudi Arabia

A subsidiary company, the California Arabian Standard Oil Company (CASOC), was created to manage the agreement. Based on the sales it is 3rd largest oil and gas companies in the Globe.

From proven upstream capabilities and strategically integrated global downstream network, to cutting edge sustainability technologies, the company has created an unsurpassed value engine that places us in a category all own.

4. PetroChina

PetroChina Company Limited (“PetroChina”) is the largest oil and gas producer and distributor, playing a dominant role in the oil and gas industry in China. It is not only one of the companies with the biggest sales revenue in China, but also one of the largest oil companies in the world.

  • Total Sales: $ 348 Billion
  • Country: China

PetroChina was established as a joint stock company with limited liabilities by China National Petroleum Corporation under the Company Law and the Special Regulations on the Overseas Offering and Listing of Shares by Joint Stock Limited Companies on November 5th, 1999.

The American Depositary Shares (ADS) and H shares of PetroChina were listed on the New York Stock Exchange on April 6, 2000 (stock code: PTR) and the Stock Exchange of Hong Kong Limited on April 7, 2000 (stock code: 857) respectively. It was listed on Shanghai Stock Exchange on November 5, 2007 (stock code: 601857).

5. BP

BP is an integrated energy business with operations in Europe, North and South America, Australasia, Asia and Africa. BP is 5th in the List of top Oil and gas companies in the World.

  • Total Sales: $ 297 Billion
  • Country: United Kingdom

Starting in 1908 with the discovery of oil in Persia, story has always been about transitions – from coal to oil, from oil to gas, from onshore to deep water, and now onwards towards a new mix of energy sources as the world moves into a lower carbon future.

BP is largest oil and Gas company in United Kingdom.

6. Exxon Mobil

ExxonMobil, one of the world’s largest publicly traded energy providers and chemical manufacturers, develops and applies next-generation technologies to help safely and responsibly meet the world’s growing needs for energy and high-quality chemical products.

  • Total Sales: $ 276 Billion
  • Country: United States
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Access to energy underpins human comfort, mobility, economic prosperity and social progress. It touches nearly every aspect of modern life. Over the course of its long history of more than a century, ExxonMobil has evolved from a regional marketer of kerosene to an advanced energy and chemical innovator, and one of the largest publicly traded companies in the world.

Exxon is the Largest in the list top oil and gas companies in usa. Worldwide, ExxonMobil markets fuels and lubricants under four brands: 

  • Esso, 
  • Exxon, 
  • Mobil and 
  • ExxonMobil Chemical.

An industry leader in almost every aspect of the energy and chemical manufacturing businesses, The Company operate facilities or market products in most of the world’s countries, explore for oil and natural gas on six continents, and research and develop next-generation technologies to help meet the dual challenge of fueling global economies while addressing the risks of climate change.

7. Total

Oil and Gas Company Created in 1924 to enable France to play a key role in the great oil and gas adventure, Total Group has always been driven by an authentic pioneering spirit. It has discovered some of the most productive fields in the world.

Its refineries have created increasingly sophisticated products and its extensive distribution network has rolled out an ever-expanding range of services. Total is the largest oil and Gas company in France.

  • Total Sales: $ 186 Billion
  • Country: France

As for the Group’s culture, it has been forged on the ground, underpinned by an unwavering commitment to safety and performance. Their talent lay in being able to combine their strengths against their competitors. Such was the major challenge behind the mergers of 1999. They gave rise to the fourth oil major, a group built on a wealth of expertise and experience.

Throughout its long history, Total was to frequently cross paths with two other oil companies, one French – Elf Aquitaine – and the other Belgian – Petrofina. Sometimes competitors, some-times partners, they gradually learned to work together.

8. Chevron

Chevron’s earliest predecessor, Pacific Coast Oil Co., was incorporated in 1879 in San Francisco. The first logo contained the company name against a backdrop of wooden derricks set among the Santa Susana Mountains that loomed over Pico Canyon. This was the site of the company’s Pico No. 4 field, California’s earliest commercial oil discovery. (Chevron Photo)

  • Total Sales: $ 157 Billion
  • Country: United States

The company has a long, robust history, which began when a group of explorers and merchants established the Pacific Coast Oil Co. on Sept. 10, 1879. Since then, the company’s name has changed more than once, but always retained founders’ spirit, grit, innovation and perseverance.

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The Company is 2nd largest in the list of top oil and gas companies in USA United States.

9. Rosneft

Rosneft is the leader of the Russian oil sector and the largest global public oil and gas corporation. Rosneft Oil Company is focused on exploration and appraisal of hydrocarbon fields, production of oil, gas and gas condensate, offshore field development projects, feedstock processing, sales of oil, gas and refined products in the territory of Russia and abroad.

  • Total Sales: $ 133 Billion
  • Country: Russia

The Company is included in the list of Russia’s strategic companies. Its main shareholder (40.4% shares) is ROSNEFTEGAZ JSC, which is 100% owned by the state, 19.75% of shares are owned by BP, 18.93% of shares are owned by QH Oil Investments LLC, one share is owned by the Russian Federation represented by the Federal Agency for State Property Management.

Rosneft is the largest Oil and Gas Company in Russia. 70% level of foreign equipment manufacturing localization in the RF territory is forecast by 2025. Oil and Gas Companies

  • 25 countries of operation
  • 78 regions of operation in Russia
  • 13 refineries in Russia
  • 6% share in the global oil production
  • 41% share in oil production in Russia

Rosneft is a global energy company with major assets in Russia and a diversified portfolio in promising regions of the international oil and gas business. The Company is operating in Russia, Venezuela, the Republic of Cuba, Canada, USA, Brazil, Norway, Germany, Italy, Mongolia, Kirghizia, China, Vietnam, Myanmar, Turkmenistan, Georgia, Armenia, Belarus, Ukraine, Egypt, Mozambique, Iraq, and Indonesia.

10. Gazprom

Gazprom is a global energy company focused on geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, sales of gas as a vehicle fuel, as well as generation and marketing of heat and electric power.

  • Total Sales: $ 129 Billion
  • Country: Russia

Gazprom’s strategic goal is to strengthen its leading position among global energy companies by diversifying sales markets, ensuring energy security and sustainable development, improving operating efficiency and fulfilling its scientific and technical potential.

Gazprom holds the world’s largest natural gas reserves. The Company’s share in the global and Russian gas reserves amounts to 16 and 71 per cent respectively. The Company is 2nd largest in the list of top oil and Gas Companies in Russia.

So finally these are the list of Top 10 Oil and Gas Companies in the World based on the Turnover, Sales and Revenue.

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