Featured Figures

The Major Oil Companies

Every year, Fortune magazine compiles a ranking of the world's 500 largest corporations as measured by revenue.1

The Major Oil Companies

By revenue – Fortune 2014 In $ million Global rank
Royal Dutch Shell 459,599 2
Sinopec (oil + chemicals) 457,201 3
PetroChina 432,007 4
Exxon Mobil 407,666 5
BP 396,217 6
Total 227,882 11
Chevron 220,356 12
Gazprom (Russia) 165,016 17
ENI (Italy) 154,108 22
Petrobras (Brazil) 141,462 28
Pemex (Mexico) 125,943 36
PDVSA (Venezuela) 120,979 41
Lukoil (Russia) 119,118 43
GDF Suez 118,551 44
Rosneft (Russia) 117,079 46
Statoil (Norway) 108,459 54

 

In the above list, the oil majorsWord sometimes used to describe the leading international oil companies. are highlighted in red (See Close-Up: "Different Types of Oil and Gas Companies").

The world's largest company by revenue is the U.S. retail giant Walmart.

The list doesn't include all of the state-owned oil companies, some of which rank among the world's leading oil and gas producers: Saudi Aramco, National Iranian Oil Company, Kuwait Petroleum Company, Qatar Petroleum, Abu Dhabi National Oil Company (ADNOC), Iraqi Ministry of Oil and Sonatrach (Algeria).

Forbes magazine publishes an annual list of the 20 biggest oil companies based on production volume.2 The top ten in 2013 were:

- Saudi Aramco (12,7 Mboe/day)

- Gazprom (8,1 Mboe/day)

- National Iranian Oil Company (6,1 Mboe/day)

- Exxon Mobil (5,3 Mboe/day)

- Rosneft (4,6 Mboe/day)

- Royal Dutch Shell (4 Mboe/day)

- PetroChina (3,9 Mboe/day)

- Pemex (Mexique) (3,6 Mboe/day)

- Chevron (3,5 Mboe/day)

- Kuwait Petroleum Company (3,4 Mboe/day)

 

Sources:

(1) Global 500 2014

(2) Forbes 2013 ranking