Oil is a dominant source of energy around the world, and oil companies supply billions of barrels of petroleum products daily to power transportation and industry. Growing public concern over climate change and moves to reduce the use of carbon-based fuels have yet to have a full impact on the industry. While US-based companies dominate the list, the ranking also includes companies based in Saudi Arabia, China, the United Kingdom, and France.
The largest oil companies are based in the United States, Saudi Arabia, China, the United Kingdom, and France. An oil company may produce or distribute a variety of petrochemical and petroleum products, such as gasoline, diesel, kerosene, synthetic rubbers, and jet fuel. Saudi Aramco is the world's largest integrated oil and Gas Company, and its shares are not listed in the United States.
Saudi Aramco is one of the world's largest companies across all industries, and the world's largest oil company by revenue. It is the only company on this list that is not listed in the US Saudi Aramco is the world's largest integrated oil and gas company, with facilities at targeted innovation centers in the US, Europe, and Asia.
China Petroleum & Chemical is a producer and distributor of a variety of petrochemical and petroleum products. The company's products include gasoline, diesel, kerosene, synthetic rubbers and resins, jet fuel, and chemical fertilizers, among other related offerings. Also known as Sinovac, China Petroleum & Chemical is among the world's largest oil refining, gas, and petrochemical companies.
Metro China is the publicly traded unit of the state-owned China National Petroleum Corporation. Metro China is the largest oil and gas producer and distributor in China, contributing approximately 50% and 60% of China's domestic oil and gas production volume, respectively.
ExxonMobil explores, produces, trades, transports, and sells oil and natural gas. An industry leader in the energy and chemical manufacturing sector, it operates facilities or markets products globally and explores oil and natural gas on six continents. ExxonMobil markets fuels, lubricants, and chemicals under four brand names: Esso, Exxon, Mobil, and ExxonMobil.
Shell is a global energy company with headquarters in 70 countries engaged in the exploration, production, refining, and marketing of oil and natural gas, and the manufacture and marketing of chemicals.
Headquartered in France, Total Energies explores for and produces low-carbon crude oil, natural gas and electricity. Total also refines and produces petrochemicals. The company owns and operates gas stations throughout Europe, the United States, and Africa.
With upstream and downstream operations. The upstream division is involved in oil and natural gas exploration and production, while downstream operations cover refining, transportation, and marketing. Chevron is also involved in chemical and mining operations and non-energy activities, such as technology development.
The British oil company BP is engaged in the exploration, production, and supply of oil and petrochemicals. The company refines and sells petroleum products, including acetic acid, ethylene, polyethylene, and terephthalic acid. The company's strategy will shift from being an international oil company focused on producing resources to an integrated energy company focused on providing solutions to customers. BP brands include Castro, Aral, and Amoco.
Marathon, which serves customers in the US, refines and ships petroleum products. Marathon is the lessee or owner of thousands of miles of pipeline. MPC's marketing system includes brand locations across the United States, including Marathon-branded retail outlets.
Valery is the world's largest independent oil refinery and the world's second-largest producer of renewable fuels. Valery is home to 15 refineries in the US, Canada, and the UK and 33 wind turbines in the United States.
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