Friday, October 18, 2013

List of Top 20 Leading Oil Companies in the World- 2013



Oil and natural gas companies have always kept the world running and will do so for many decades. Let’s see the biggest companies producing largest amount of oil in the globe.

1.Saudi Aramco - 12.5 million barrels per day
Saudi Aramco is the biggest energy company across the globe. It generates more than $1 billion revenues per day. Its Shaybah mega-project in Rub al-Khali desert, produce more than 15 billion barrels of oil. Moreover its biggest field, Ghawar, can produce 5 million bpd. 

2.Gazprom- 9.7 million barrels per day
Situated in Russia, this is the largest producer of natural gas in the world. The profits of Gazprom are more than $40 billion per year. The major business lines of this company are oil production, sales of gas, transportation, heat and electric power and geological exploration. This company is also accounted for 14% to 74% of Russian and Global gas output accordingly.

3.National Iranian Oil Co- 6.4 million barrels per day
Although Iran has been forced to limit its oil production due to some international authorization, it still remains as 3rd biggest oil and gas producers.  And to avoid such authorization, India and Turkey are paying Iran in gold for oil. Moreover, Iran has also threatened the world to stop its oil exports if attacked.

4.ExxonMobil- 5.3 million barrels per day
ExxonMobil is a multinational oil and gas company situated in Irving, USA. It’s a merger of Exxon and Mobil which took place in November 30, 1999. This company handles projects from the smallest to the huge units. It’s functionally organized into an array of global operating divisions.

5.PetroChina - 4.4 million barrels per day
It is the largest oil giant of China with its headquarter in Dongcheng District, Beijing. It has also has been the highest market cap of any of publicly operated giants. Interestingly, this company has already produced more oil than ExxonMobil and predicated to compete with Gazprom as the Chinese usually make the most and are much more concerned about their energy sources. 

6.BP - 4.1 million barrels per day
It’s a multinational oil and gas company headquartered in London. It’s one of 6th ‘oilmajors’. BP has integrated an array of areas such as production, exploration, refining, petrochemicals, power generation etc. Till date, it has been operating in 80 countries; producing 3.3 million barrels per day. 

7.Royal Dutch Shell - 3.9 million barrels per day
Commonly known as Ango-Dutch multinational oil and Gas Company is incorporated in the UK and headquarter in the Netherlands. Royal Dutch Petroleum and Shell Transport & Trading have been merged to form this company. By this summer, Shell is about to commence its drilling projects in Alaska’s Chuckchi Sea.

8.Pemex - 3.6 million barrels per day
PetrĂ³leos Mexicanos known as Pemex is the Mexican state-owned petroleum company. Its biggest field, Cantarell has soared up from 2 millions a day to approximately 600,000 now. Pemex is also the second largest enterprise in the Latin America. Moreover, the majority of its shares are directly under control of Mexican government.

9.Chevron - 3.5 million barrels per day
It’s an American energy corporation with it’s headquarter in California. It’s active in more than 180 countries. Chevron is engaged into almost all the aspects of oil and gas. In 2010, this company purchased Atlas Petroleum for $4.3 billion to avail acreage in Utica shales and Marcellus.

10.Kuwait Petroleum Corp- 3.2 million barrels per day
This company was basically formed in 1934 by BP and Chevron. Kuwait Petroleum Corp was nationalized in 1975.  Kuwait’s largest field, known as Burgan, is till being operated by Chevron. In 1990, Kuwait's fields suffered huge fires and were ruined by Saddam Hussein's forces.

11.Abu Dhabi National Oil Co. - 2.9 million barrels per day
In the league of UAE, Abu Dhabi holds a powerful seat.  It’s also known as ADNOC- one of the leading companies by oil reserves. It operates two oil refineries- Umm Al Nar and Ruwais. It is also developing both the offshore and onshore gas fields. Currently, it’s taking the benefits of the strategic position adjacent to the Strait of Hormuz to construct pipelines to Fujairah, mitigating any chance of getting its crude exports being blockaded by an Iranian cordon.

12.Sonatrach - 2.7 million barrels per day
Sonatrach is a national energy company of Algeria. It’s one of the leading natural gas producers and much of it is exported to Europe. It is engaged into an array of aspects from exploration to transport and refining.

13.Total - 2.7 million barrels per day
Total is a multinational integrated oil and gas company of France. The business of this company covers the entire range of gas and oil chain, from exploration, production to marketing.  Further, total is also a major chemical manufacturer. After the French president has enforced new taxes on oil inventories in July, the CEO of Total S.A declared that it’d cost them quite a lot.

14.Petrobras - 2.6 million barrels per day
Petrobras is a semi-public Brazilian energy corporation with its headquarter in Rio de Janeiro. In southern hemisphere it’s the largest company. Petrobras also stands as a leader in development of superior technology from deep-water and ultra-deep water production of oil.

15.Rosneft - 2.6 million barrels per day
Rosneft is a state controlled oil company of Russia. After buying assets of former oil giant Yukos, it has become one of the leading extraction and refinement companies. It carries out its gas and oil exploration throughout Siberia, Sakhalin, Timan-Pechora field and in some parts of southern Russia. Further, the president has enabled a joint venture between ExxonMobil and Rosneft to search Russia's giant oil-bearing shales and Arctic seas. 

16.Iraqi Oil Ministry - 2.3 million barrels per day
With its plenty of oil production, Iraq is further expected to be zooming up its rank to becoming oil giant especially with the help of its giant untapped fields.

17.Qatar Petroleum - 2.3 million barrels per day
Qatar Petroleum operated all the activities from exploration to transport and storage of oil and gas.  Moreover, the majority of Qatar’s energy production is natural gas which is shipped to many nations. Its largest gas field lies under the Persian Gulf. 

18.Lukoil - 2.2 million barrels per day
It was formed in 1991 by Vagit Alekperov- former Soviet deputy oil minister, who runs the company and possesses a 20 percent stake worth around $13 billion.  Its Russia’s second largest oil company headquartered in Moscow. In 2008, this company had 19.3 billion barrels of oil. Lukiol is actively operating in more than 40 nations across the globe.

19.Eni - 2.2 million barrels per day
Eni is an Italian oil and gas company and currently present in almost 79 countries. It’s also considered as Italy’s oil champion. Paolo Scaroni, CEO of this company has made a remarkable join venture with Russia's Rosneft and Venezuela's Pdvsa. Morever, in the regions of Iraq, Eni is escalating the huge Zubair field.

20.Statoil - 2.1 million barrels per day
It’s a fully integrated oil and gas company situated in Norway. It has operations in 36 countries. However, by revenue, this company has been ranked as world’s eleventh largest oil and Gas Company by Forbes magazine. In Statoil, government owns 67% of the shares. This company has further, invested around $20 billion in the United States.

10 comments:

  1. It is very good article for gas and oil company.

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  2. Great post! Good information for all oil and gas companies. It is helpful for gas and oil industries. Thanks for Sharing.

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  3. One of the major profitable industry is Offshore.Many countries are trying to find oil and gas fields.Mostly Gulf region increased focus on offshore oil and gas projects.Read that few projects are there which are world's biggest offshore projects.

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  4. It is crazy how much oil effects our economy and how much everyone relies on it. I have been curious to find out who the biggest oil companies are and how much oil they produce. It is cool that Saudi Aramco has 12.5 barrels per day, I can't even imagine having that much fuel anywhere. http://www.martinoilco.com

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