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Infographic: The world’s largest state-owned oil companies

PortandTerminal.com, January 12, 2021

NEW YORK – The team at Visual Capitalist have produced a print-worthy infographic that maps the world’s largest state-owned oil companies.

State-owned oil companies are a major force in the global energy sector, controlling approximately three-quarters of the Earth’s oil reserves. There should be no surprises to see that China controls two of the top state-owned oil companies in the world with Saudi Arabia’s Aramco coming in third. From there, there’s a pretty steep drop-off. Russia’s Rosneft comes in a distant fourth place with small players owned by Iran (NIOCC) and Venezuela (PDVSA) at the bottom of the list.


View the high-resolution of the infographic by clicking here.

Public or Private Ranking

Because the infographic focuses on showing state-owned companies, major private companies such as are Royal Dutch Shell, Exxon Mobil and BP are excluded. In case you are interested, here are the Top 10 Oil & Gas companies in the world — public or private — as of 2020 (Source: Offshore Technology).

Biggest oil and gas companies: Top ten by revenue

  1. China Petroleum & Chemical Corporation – $424bn
  2. China National Petroleum Corp (CNPC) – $396bn
  3. PetroChina – $360bn
  4. Royal Dutch Shell – $345bn
  5. Saudi Arabian Oil (Aramco) – $330bn
  6. BP – $278bn
  7. Exxon Mobil – $265bn
  8. Total – $200bn
  9. Chevron Corporation – $146.5bn
  10. Rosneft Oil Corporation – $140bn

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