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
- China Petroleum & Chemical Corporation – $424bn
- China National Petroleum Corp (CNPC) – $396bn
- PetroChina – $360bn
- Royal Dutch Shell – $345bn
- Saudi Arabian Oil (Aramco) – $330bn
- BP – $278bn
- Exxon Mobil – $265bn
- Total – $200bn
- Chevron Corporation – $146.5bn
- Rosneft Oil Corporation – $140bn
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