List of largest oil and gas companies by revenue globally

The world of oil and gas is a massive one, with some companies generating billions of dollars in revenue each year. ExxonMobil is the largest oil and gas company by revenue, with a staggering $478 billion in revenue in 2020.

Here are the top 10 largest oil and gas companies by revenue globally, based on the latest available data.

Chevron comes in second, with a revenue of $245 billion in 2020, followed closely by Royal Dutch Shell with $242 billion. These three companies have consistently dominated the industry for years, with their vast resources and global reach.

BP ranks fourth with $224 billion in revenue, while ConocoPhillips rounds out the top 5 with $217 billion. These companies have been major players in the industry for decades, with a strong presence in both domestic and international markets.

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The largest oil and gas companies by revenue are a crucial part of the global energy landscape. Total revenue is usually self-reported by the companies, and often reported by neutral, unbiased, reliable publications.

These companies are the backbone of the energy industry, and their revenue is a key indicator of their success. Fiscal years are for January 1 to December 31, except where noted.

The list of largest oil and gas companies by revenue is sourced from the S&P Global Commodity Insights Top 250 Global Energy Company Rankings for 2022. This list is restricted to publicly traded companies.

PetroChina, China's largest oil and gas producer, plays a key role in the country's energy security, with vast reserves in Asia, Africa, and the Middle East. The company focuses on crude oil, natural gas, and refining.

The revenue of these companies is listed in billions of U.S. dollars, and is subject to revision or restatement due to various issues.

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Saudi Aramco, the world's largest oil producer, is headquartered in Dhahran, Saudi Arabia, and has a market cap of ~$1.7 trillion. It produces over 10 million barrels of oil per day, accounting for roughly 10% of the global oil supply.

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ExxonMobil, another major player, is based in Irving, Texas, USA, and has a market cap of ~$490 billion. The company operates in over 50 countries and has a focus on crude oil, natural gas, and petrochemicals.

Shell, a British-Dutch oil and gas company, is headquartered in The Hague, Netherlands, and has a significant presence in the global oil and gas market. It is involved in the exploration, production, refining, and distribution of oil and natural gas.

PetroChina, a subsidiary of China National Petroleum Corporation (CNPC), is one of the largest oil and gas companies in China and the world. It has extensive reserves in China and abroad, with significant exploration and production activities in countries like Canada, Kazakhstan, and Indonesia.

Here's a list of some of the largest oil companies by revenue:

Chevron, a US-based multinational energy corporation, reported a 17.99% year-on-year revenue growth to $158.90bn in 2018. The company's net oil-equivalent production averaged at 2.93Mbpd in 2018.

TotalEnergies SE, headquartered in France, explores and produces crude oil, natural gas, and low-carbon electricity. The company owns and operates gas stations throughout Europe, the U.S., and Africa.

Rosneft, the biggest oil and gas company in Russia, boosted its revenue by 31.4% to $133.7bn in 2018. The company's oil and liquids production increased by 2.1% to 4.7Mbpd in 2018.

China Petroleum & Chemical Corporation, also known as Sinopec, is a producer and distributor of a variety of petrochemical and petroleum products. The company's products include gasoline, diesel, kerosene, synthetic rubbers, and jet fuel, among other related offerings.

Lukoil's revenue for the 12 months ending September 2018 stood at $115.2bn, making it one of the largest oil and gas companies by revenue.

The company's annual hydrocarbon production reached 828Mboe, with liquid hydrocarbons accounting for 80% of the overall production volumes.

Phillips 66, on the other hand, witnessed an 8.9% year-on-year revenue growth to $111.46bn in 2018.

Total's revenues increased by 22.08% to $209.36bn in 2018, making it the second-largest oil and gas company by revenue.

ExxonMobil's revenue increased by 18.76% to reach $290.2bn in 2018, making it one of the largest oil and gas companies by revenue.

China Petroleum & Chemical Corporation, also known as Sinopec Group, registered a 22.09% year-over-year growth to achieve RMB2.8tn ($426bn) of operating revenue in 2018, making it the largest oil and gas company by revenue.

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Total is a French energy company with a significant presence in the global energy market. Its revenues increased by 22.08% to $209.36 billion in 2018.

The company's refinery and chemical segment contributed 44% to its total revenue, while the marketing and services segment accounted for 43%. The exploration and production segment had a 5.25% share of the total revenue.

Total's total hydrocarbon production increased by 8.1% to 2.78 million barrels of oil equivalent per day (Mboe/d) in 2018. Liquids production increased by 16% to 1.56 million barrels per day (Mbpd), while gas production decreased by 1% to 6.59 billion cubic feet per day (bcfd).

The major project start-ups and ramp-ups during the year included the Egina field, Yamal LNG, Moho Nord, Fort Hills, Kashagan, Kaombo Norte, and Ichthys.

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Total's revenue increased by 22.08% to $209.36bn in 2018. This makes Total one of the top-performing energy companies in the world.

The company's refinery and chemical segment contributed 44% of its total revenue, while the marketing and services segment accounted for 43%. This shows the importance of these segments in Total's overall business.

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Total's total hydrocarbon production increased by 8.1% to 2.78Mboe/d in 2018. Liquids production increased by 16% to 1.56Mbpd, while gas production decreased by 1% to 6.59bcfd.

The company's refinery throughput increased by 1% to 1.85Mbpd in the year. This is a significant increase, showing Total's ability to adapt to changing market conditions.

Total's major project start-ups and ramp-ups during the year included the Egina field, Yamal LNG, Moho Nord, Fort Hills, Kashagan, Kaombo Norte, and Ichthys. These projects demonstrate Total's commitment to expanding its operations and improving efficiency.

Here's a breakdown of Total's revenue segments:

This breakdown highlights the importance of Total's refinery and marketing segments in its overall business.

The biggest oil companies in the world are based in the United States, Saudi Arabia, China, the U.K., and France.

These companies produce or distribute a variety of petrochemical and petroleum products, including gasoline, diesel, kerosene, synthetic rubbers, and jet fuel.

Saudi Aramco is the world's largest integrated oil and gas company, and its stock is not traded in the United States.

Here are some key financial metrics for Saudi Aramco:

Saudi Aramco's stock is listed on the Saudi Arabian Stock Exchange, which is where you can find its financial information.

Here's a list of the largest oil and gas companies by revenue, based on the latest data from the industry leaders.

ExxonMobil is the largest oil and gas company by revenue, with a massive $478 billion annual revenue.

Chevron takes the second spot with $245 billion in annual revenue.

Royal Dutch Shell ranks third with $244 billion in revenue.

BP comes in fourth with $224 billion in revenue.

TotalEnergies is the fifth largest oil and gas company with $193 billion in annual revenue.

These companies are not only the largest in terms of revenue, but also play a significant role in shaping the global energy landscape.

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