Top 10 Oil and Gas Companies in the World 2020

Published by MBA Skool Team, Last Updated: June 02, 2020

Oil & gas is one of the biggest sectors in the world not only in terms of revenues and profits but also in having influential companies. The leading oil & gas companies in the world are from China, Russia, Europe etc. Oil and gas industries are the backbone for any other industry or business which needs to work. Petrol and diesel forms the basic utility for consumers using cars, vehicles or even public transport, which are served through petrol & gas stations.


Top Oil and Gas Companies 2020 by Revenue

The top oil & gas companies include Sinopec, Shell, PetroChina, ExxonMobil, Total followed by Chevron, Gazprom, Lukoil etc. Here is a list of the top 10 oil and gas companies in the world 2020.


10. Gazprom

Gazprom utilizes in excess of 449,000 individuals and has resources worth $250.24 billion.


Image: flickr.com/photos/thawt/

The organization, which was established in 1989, is headquartered in Moscow and is one of the biggest oil and gas companies all over the world. The organization is included with the geographical investigation, creation, transportation, stockpiling, handling and advertising of gas and different hydrocarbons and it has the world's wealthiest stores of petroleum gas.

Gazprom has a giant gas transmission framework which is in the and length of 171,000 kilometers. This makes it the biggest gas transmission framework on the globe. Gazprom NEFT reports benefit development of in excess of 28 percent year-on-year in the initial nine months of 2017. Gazprom NEFT accomplished income (counting obligations (deals)) of RUB1,458 billion, an expansion of 19.3 percent year-on-year. The organization recorded 22.9 percent year-on-year development in its balanced EBITDA, to RUB399 billion, inferable from the fruitful improvement of new hydrocarbon creation ventures, development in retail deals, and the recuperation of the oil cost and the cost of oil items, close by powerful administration activities. Net benefit inferable from investors is RUB189 billion, an expansion of 28.2 percent year-on-year. Free income for the 9M totaled RUB83 billion, bolstered by expanded income from tasks and the finish of key foundation interests in new upstream undertakings. Hydrocarbon creation for 9M, incorporating Gazprom NEFT's offer in joint year. This development reflected expanded generation at new resources, including the fields, and in Iraq.

Revenues (USD $ Bn): 122


9. Rosneft

Rosneft is the biggest Russian company of oil and gas activities which was established in 1993 and headquartered in Moscow.

Image: company website

It isn't only one of the biggest oil and gas companies in Russia, yet in addition one of the biggest open oil and gas organizations on earth with over $139 billion in resources. The organization utilizes more than 48,000 individuals as employees and its biggest investor is ROSNEFTEGAZ OJSC which claims 69.50 percent of the value. In 3Q 2017 incomes added up to RUB 1,496 billion (USD 26.2 billion). Incomes expanded by 6.9% QoQ the back of further quality change in the generation procedure, improvement of the business structure with stable deals volumes and incompletely positive costs' flow in the working portion. In 9M incomes added up to RUB 4,305 billion, ascending by 22.9% YoY (76.3 billion in USD terms, increment by 43.7%) on account of the joining of new resources, upgrades in the business blend, growing exchanging movement and some positive ramifications from full scale monetary pointers amid the most recent long stretches of the period. 9 months income development by 22.9% in RUB terms and by 43.7% in USD terms. EBITDA surpassed RUB 1 trillion, development by 10.6%. EBITDA edge change. Effective opportune close of key manages potential achievement development in investor esteem. Endorsement of the principal break profit with half payout proportion of net pay under IFRS.

Revenues (USD $ Bn): 126


8. Chevron

Chevron was established in 1906 and has gone on to become one of the leading oil and gas companies globally.


Image: company website

It is a vitality organization which offers managerial, budgetary, administration and technical support to the United States and other global auxiliaries that take part in completely incorporated oil tasks, chemicals activities, mining activities, control age and vitality administrations. The organization has over $266 billion in resources, $129 billion in deals and is headquartered in San Ramon, California. The organization utilizes more than 61,000 individuals. Our prosperity is driven by our kin and their responsibility regarding getting comes about the correct route – by working mindfully, executing with greatness, applying inventive advances and catching new open doors for productive development. Entire year 2017 profit were $9.2 billion ($4.85 per share – weakened) contrasted and lost $497 million ($0.27 per share – weakened) in 2016. Incorporated into 2017 were non-money temporary tax breaks of $2.02 billion identified with U.S. assess change, picks up on resource offers of $1.44 billion, and hindrances and other non-money charges of $840 million. Outside cash impacts diminished income by $446 million. Deals and other working incomes in final quarter were $36 billion, contrasted with $30 billion in the year-prior period. Aggregate net wage $9.2 billion, throughout the most recent five years chevron put $167 billion in worldwide products and enterprises $1.1 billion in worldwide social speculations.

Revenues (USD $ Bn): 140


7. Total

Total, the company was established in the year March 1924 and is headquartered in Courbevoie, France.


Image: geograph

The organization's CEO is Patrick Pouyanné and the company is known for its investigation, advancement, creation and showcasing of oil and gas. The organization has had more than $143 billion in deals and it utilizes more than 96,000 individuals as its employee workforce, making it one of the largest oil and gas companies in the world. The business is divided into three areas which are as follows these are: marketing, chemicals, and refining. The organization has resources worth over $224.48 billion. The valuation of TOTAL has enhanced with the 20% drop in raw petroleum. Aggregate's incorporated plan of action gives a differentiated income stream. Six motivations to purchase and a couple of ugly parts of the offers. The offers offer high profit yield and great aggregate return potential. In the most recent organization profit report, working salary was $1,382 million contrasted and $386 million in the main quarter of 2016; this expansion was because of creation development, cost cuts, and higher acknowledged hydrocarbon cost.

Revenues (USD $ Bn): 176


6. ExxonMobil

ExxonMobil was established by John D. Rockefeller in the year 1882 and is headquartered in Irving, Texas.


Image: Wikimedia

Exxon Mobil Corp is associated with the investigation, improvement, and conveyance of oil, gas, and oil-based goods. It works through three principle segments, these are: Upstream, Downstream, and Chemical, and over the years it has grown to become one of the most top oil and gas companies worldwide. The organization utilizes more than 75,000 individuals and (in 2015) had offers of over $236.81 billion and benefits of over $16.15 billion. Exxon Mobil presently has resources worth $336.76 billion. In the course of the most recent 125 years, ExxonMobil has developed from a territorial advertiser of lamp oil in the United States to the biggest traded on an open market oil and petrochemical undertaking on the planet. Today we work in the majority of the world's nations and are best known by our well-known brand names: Exxon, Esso and Mobil. We make the products that drive current transportation, also controls urban areas, and grease up industry and give petrochemical building hinders that might prompt a huge number of shopper merchandise. ExxonMobil earned incomes totaling 259.5 billion U.S. dollars in 2015, down from 467.03 billion U.S. dollars in 2011. In 2015, ExxonMobil positioned 6th in a rundown of the best organizations worldwide by income following Wal-Mart Stores, which announced incomes of 485.65 billion U.S. dollars that year, Sinopec with 433.31 billion U.S. dollars in income, Royal Dutch Shell with 385.63 billion U.S. dollars in income, PetroChina with 367.85 billion U.S. dollars in income, and BP with 334.61 billion U.S. dollars in income. ExxonMobil had a market estimation of 356.5 billion U.S. dollars in 2015, positioning first on a rundown of best oil and gas organizations worldwide by advertise esteem. In 2015, ExxonMobil's aggregate resources achieved 336.8 billion U.S. dollars. The quantity of people utilized by Exxon Mobil has fallen in the previous decade. In 2001, Exxon Mobil utilized very nearly 100 thousand people. In 2015, Exxon Mobil utilized 73.5 thousand people.

Revenues (USD $ Bn): 256


5. British Petroleum

British Petroleum was founded in 1909 and has come a long way since then. Mr. Robert Dudley is the current CEO for the company. It is headquartered in London, U.K.

It has operations in more than 80 countries in the world. BP has 19.75% on Russia’s ROSNEFT which is Russia’s second largest oil & gas company. In 1965, BP became the first company to find oil in the North Sea which has now become the main hub for the offshore operations of different companies. BP formed a 30% partnership with Indian joint-venture, Reliance Industries in 2011. During 2011-13, it had drastically reduced its alternative energy business while totally exiting the solar energy operations. Last year BP signed a deal with CNOOC to supply Liquefied Natural Gas. The company has around 84,500 employees. It is involved in all the aspects of oil & gas industries which are exploration, production, refining and sales of natural gas & other hydrocarbons.

Revenues (USD $ Bn): 278


4. Royal Dutch Shell

Dutch Shell was established in February in the year 1907 and is headquartered in The Hague, Netherlands.


Image: pixabay

The organization's benefits are worth over $340 billion and it works in excess of 70 nations. The organizations CEO is Ben van Beurden and the company has more than 93,000 employees by and large and it delivers what might as well be called three million barrels of oil each day, making it one of the top oil and gas companies. Representatives that work at Shell take a shot at the absolute most imaginative vitality extends on the globe, for example, the world's most profound seaward oil and gas field and the biggest drifting melted flammable gas generation office. The organization put over $1.1 billion in interest in innovative work in 2015. In 2017 current cost of provisions profit, barring recognized things, were around $16 billion, income from tasks was some $36 billion, and free income was more than $27 billion. The greater part of this at a normal Brent cost for the time of $54 per barrel. We additionally decreased net obligation by $8 billion. The announced profit adds up to some $16 billion, the Q4 2017 profit will be completely paid in real money. The profit expectation for the Q1 2018 profit is $0.47 per share - unaltered when contrasted with Q1. Capital speculation was $24 billion of which around $22.5 billion was in real money. This is lower than the $25 billion viewpoint we gave, and it reflects, to a vast degree, proceeded with upgrades in capital effectiveness and teach in capital designation.

Revenues (USD $ Bn): 311


3. Saudi Aramco

Based out of Dhahran, Saudi Arabia, this giant is the world’s largest producer of Oil and Gas, which has been in existence for the past 83 years, been founded in 1933.


Image: Wikimedia

It is a totally vertically integrated company which undertakes exploration, extraction, refining, distribution, shipping and marketing of all petrochemical products. It also exports crude oil to nations (for refinement at their establishments) which are deficient in energy produce. They believe that energy is an opportunity and that no nation should lag behind in development because of unmet energy demands. They have been and are continuing to be the most reliable energy suppliers to the Kingdom and to the rest of the world with a daily production of 12.5 million barrels per day. Still not a listed company, this company operates the world’s largest onshore oil field, the Ghawar Field as well as the world’s largest offshore oil field, the Safaniya Field. It is one of the top oil & gas companies in the world. But since the world oil prices slippage in 2014 which lead to a sharp economic decline in Saudi, it prompted the company to sell its stake in IPO and create jobs in non-oil industries like manufacturing, infrastructure, etc. They have their subsidiaries and affiliates located across the globe in China, Egypt, Japan, India, the Netherlands, the Republic of Korea, Singapore, the United Kingdom and the United States apart from Saudi Arabia.

Revenues (USD $ Bn): 356


2. PetroChina

PetroChina is engaged with the investigation, improvement, generation and offer of unrefined petroleum and gaseous petrol.

Image: Wikimedia

The business is additionally engaged with the refining of raw petroleum and oil-based commodities, generation and advertising of essential petrochemical items, subsidiary synthetic items and other substance items. The organization was established on the fifth of November, 1999 and is headquartered in Beijing, China and it employs more than 851,000 individuals and has more than $368.69 billion in resources. Petro China's Chief Executive Officer is Wang Dongjin. As of Dec. 31, 2017, in view of the International Financial Reporting Standards, the Company accomplished an income of 2,015,890 million yuan, speaking to an expansion of 24.7 percent as contrasted and a year ago. Net benefit owing to proprietors of the Company was 22,798 million yuan, speaking to a critical increment of 190.2 percent from the earlier year. This makes it one of the top oil and gas companies globally. Essential income per share were 0.12 yuan, speaking to an expansion of 0.08 yuan contrasted with 2016. Free income of the Company expanded by 53.29 billion yuan. The company's monetary position stayed steady and solid. In the initial seventy five percent, the normal acknowledged cost for unrefined petroleum of the Group was US$48.76 per barrel, speaking to an expansion of 36.2% as contrasted and a similar time of a year ago, of which the residential acknowledged cost was US$48.31 per barrel; and the normal acknowledged cost for flammable gas was US$5.07 per thousand cubic feet, speaking to an expansion of 8.6% as contrasted and a similar time of a year ago, of which the household acknowledged cost was US$5.03 per thousand cubic feet.

Revenues (USD $ Bn): 364


1. Sinopec

Sinopec was established in December 2000, is headquartered in Beijing, China and presently utilizes more than 78,000 individuals.


Image: Wikimedia

The organization fabricates chemicals and petrochemical items and is one of the top oil and gas companies in the world. The business keeps running by working through five areas, these are: Polyester Chips, Bottle-Grade Polyester Chips, Staple Fiber and Hollow Fiber, Filament and Purified Terephthalic Acid. In the principal half of 2017, worldwide economy recorded direct recuperation and Chinese economy kept up consistent development with (GDP) up by 6.9% year on year. With bottomless supply, household refined oil items showcase saw solid rivalry. As indicated by the insights, local utilization of refined oil items expanded by 5.5% contrasted, among which gas and lamp oil utilization kept up solid development force, and diesel utilization turned around its descending pattern and acknowledged development year on year. Household interest for gaseous petrol quickened, up by 15.2% contrasted and the main portion of 2016. Household utilization of real chemicals develops altogether with utilization of ethylene proportionate up by 10.5% year on year, and gross edge for concoction items stayed solid. Working incomes of the portion were RMB 74.1 billion, speaking to an expansion of 41.1% year on year. This was principally because of expanded unrefined petroleum costs and extended size of LNG business. The oil and gas lifting cost were RMB 767.3 for each ton, speaking to an expansion of 3.2% year on year. The fragment connected ease improvement guideline all through its creation and activity forms and acknowledged great outcomes. Working loss of this portion was RMB 18.3 billion, a lessening of RMB 3.6 billion contrasted and a similar time of a year ago.

Revenues (USD $ Bn): 369


Rank Methodology

1. The largest oil and gas companies are chosen for the analysis

2. The latest parameters like revenues are chosen

3. The biggest companies are ranked on the basis of revenues

This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.

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