top 50 energy companies worldwide
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Writer AndyKim Hit 2,461 Hits Date 25-01-17 14:31Content
top 50 energy companies worldwide, ranked by market capitalization as of June 2024:
| Rank | Company | Country | Market Capitalization (USD) | Sector |
|------|---------------------------|----------------|-----------------------------|---------------|
| 1 | Saudi Aramco | Saudi Arabia | $1.7 trillion | Oil & Gas |
| 2 | ExxonMobil | United States | $490 billion | Oil & Gas |
| 3 | Chevron Corporation | United States | $281 billion | Oil & Gas |
| 4 | Shell Plc | United Kingdom | $220 billion | Oil & Gas |
| 5 | PetroChina | China | $233 billion | Oil & Gas |
| 6 | TotalEnergies | France | $155 billion | Oil & Gas |
| 7 | NextEra Energy | United States | $150 billion | Solar, Wind |
| 8 | ConocoPhillips | United States | $127 billion | Oil & Gas |
| 9 | China Shenhua Energy Co. | China | $118 billion | Coal |
| 10 | BP Plc | United Kingdom | $97 billion | Oil & Gas |
| 11 | CNOOC Limited | Hong Kong | $147.94 billion | Oil & Gas E&P |
| 12 | China National Offshore Oil Corporation (CNOOC) | China | $147.94 billion | Oil & Gas E&P |
| 13 | Gazprom | Russia | $118 billion | Oil & Gas |
| 14 | Eni | Italy | $60 billion | Oil & Gas |
| 15 | Equinor | Norway | $55 billion | Oil & Gas |
| 16 | Reliance Industries | India | $200 billion | Diversified |
| 17 | Rosneft | Russia | $70 billion | Oil & Gas |
| 18 | Phillips 66 | United States | $49 billion | Oil & Gas |
| 19 | Valero Energy | United States | $43 billion | Oil & Gas |
| 20 | Marathon Petroleum | United States | $48 billion | Oil & Gas |
| 21 | Occidental Petroleum | United States | $49 billion | Oil & Gas |
| 22 | Suncor Energy | Canada | $40 billion | Oil & Gas |
| 23 | Canadian Natural Resources| Canada | $45 billion | Oil & Gas |
| 24 | Petrobras | Brazil | $70 billion | Oil & Gas |
| 25 | Lukoil | Russia | $60 billion | Oil & Gas |
| 26 | Repsol | Spain | $25 billion | Oil & Gas |
| 27 | Woodside Petroleum | Australia | $23 billion | Oil & Gas |
| 28 | PTT Public Company | Thailand | $30 billion | Oil & Gas |
| 29 | OMV | Austria | $15 billion | Oil & Gas |
| 30 | Galp Energia | Portugal | $12 billion | Oil & Gas |
| 31 | SK Innovation | South Korea | $20 billion | Oil & Gas |
| 32 | Formosa Petrochemical | Taiwan | $25 billion | Oil & Gas |
| 33 | Idemitsu Kosan | Japan | $8.63 billion | Oil & Gas |
| 34 | Hess Corporation | United States | $45 billion | Oil & Gas |
| 35 | Devon Energy | United States | $30 billion | Oil & Gas |
| 36 | Pioneer Natural Resources | United States | $53.57 billion | Oil & Gas |
| 37 | EOG Resources | United States | $77 billion | Oil & Gas |
| 38 | Anadarko Petroleum | United States | $30 billion | Oil & Gas |
| 39 | Apache Corporation | United States | $10 billion | Oil & Gas |
| 40 | Baker Hughes | United States | $45 billion | Oil & Gas |
| 41 | Halliburton | United States | $25 billion | Oil & Gas |
| 42 | Schlumberger | United States | $50 billion | Oil & Gas |
| 43 | TransCanada Corporation | Canada | $40 billion | Oil & Gas |
| 44 | Enbridge | Canada | $70 billion | Oil & Gas |
| 45 | Kinder Morgan | United States | $65 billion | Oil & Gas |
| 46 | Williams Companies | United States | $70 billion | Oil & Gas |
| 47 | Cheniere Energy | United States | $30 billion | Oil & Gas |
| 48 | Energy Transfer | United States | $68 billion | Oil & Gas |
| 49 | Enterprise Products Partners | United States | $72 billion | Oil & Gas |
| 50 | TC Energy | Canada | $50 billion | Oil & Gas |
*Note: Market capitalizations are approximate and rounded to the nearest billion. Rankings and figures are based on available data as of June 2024 and may have changed since then.*
Here is a detailed explanation of each company in the top 50 energy companies worldwide, based on their ranking, sector, and key highlights:
---
### **1. Saudi Aramco** (Saudi Arabia)
- **Sector:** Oil & Gas
- **Description:** The largest oil producer in the world, responsible for about 10% of the global oil supply. Known for its massive oil reserves and state-of-the-art facilities.
### **2. ExxonMobil** (United States)
- **Sector:** Oil & Gas
- **Description:** One of the largest publicly traded oil companies. Specializes in exploration, production, refining, and marketing of oil and natural gas.
### **3. Chevron Corporation** (United States)
- **Sector:** Oil & Gas
- **Description:** Operates across the energy spectrum, including oil, natural gas, and geothermal energy. A major player in refining and fuel marketing.
### **4. Shell Plc** (United Kingdom)
- **Sector:** Oil & Gas
- **Description:** A multinational energy giant with a strong focus on renewables and a commitment to reducing carbon emissions.
### **5. PetroChina** (China)
- **Sector:** Oil & Gas
- **Description:** The largest oil and gas producer and distributor in China. Focuses on exploration, refining, and marketing of petroleum products.
### **6. TotalEnergies** (France)
- **Sector:** Oil & Gas
- **Description:** A leading energy company investing heavily in renewable energy sources, including solar and wind power.
### **7. NextEra Energy** (United States)
- **Sector:** Solar & Wind
- **Description:** The largest producer of solar and wind energy in the world. A leader in sustainable and renewable energy projects.
### **8. ConocoPhillips** (United States)
- **Sector:** Oil & Gas
- **Description:** Focuses on exploration and production of natural gas and crude oil. Operates in multiple countries worldwide.
### **9. China Shenhua Energy Co.** (China)
- **Sector:** Coal
- **Description:** The largest coal mining company in China, with significant investments in coal-based energy production.
### **10. BP Plc** (United Kingdom)
- **Sector:** Oil & Gas
- **Description:** Formerly British Petroleum, now a leader in transitioning to renewable energy, including hydrogen and solar.
---
### **11. CNOOC Limited** (Hong Kong/China)
- **Sector:** Oil & Gas Exploration
- **Description:** Specializes in offshore exploration and production of crude oil and natural gas.
### **12. Gazprom** (Russia)
- **Sector:** Oil & Gas
- **Description:** The largest producer of natural gas in the world, controlling a significant share of Europe’s gas supply.
### **13. Eni** (Italy)
- **Sector:** Oil & Gas
- **Description:** Known for its extensive operations in Europe, Africa, and the Middle East. Aiming to be carbon neutral by 2050.
### **14. Equinor** (Norway)
- **Sector:** Oil & Gas
- **Description:** A major player in offshore oil production and a global leader in offshore wind energy.
### **15. Reliance Industries** (India)
- **Sector:** Diversified
- **Description:** Operates in oil refining, petrochemicals, and telecommunications. The largest private sector company in India.
---
### **16. Rosneft** (Russia)
- **Sector:** Oil & Gas
- **Description:** Russia’s largest oil company, involved in exploration, production, and refining.
### **17. Phillips 66** (United States)
- **Sector:** Oil & Gas
- **Description:** Focuses on refining, midstream logistics, and petrochemical manufacturing.
### **18. Valero Energy** (United States)
- **Sector:** Oil & Gas
- **Description:** A leading international manufacturer and marketer of fuels, petrochemical products, and power.
### **19. Marathon Petroleum** (United States)
- **Sector:** Oil & Gas
- **Description:** Operates the largest refining system in the U.S., producing gasoline, diesel, and petrochemicals.
### **20. Occidental Petroleum** (United States)
- **Sector:** Oil & Gas
- **Description:** A leader in oil and gas exploration with a focus on sustainable practices and carbon capture technologies.
---
### **21. Suncor Energy** (Canada)
- **Sector:** Oil & Gas
- **Description:** A major Canadian energy company focused on oil sands production and refining.
### **22. Canadian Natural Resources** (Canada)
- **Sector:** Oil & Gas
- **Description:** Specializes in crude oil, natural gas, and oil sands development.
### **23. Petrobras** (Brazil)
- **Sector:** Oil & Gas
- **Description:** A state-controlled energy company with a strong focus on deepwater oil exploration.
### **24. Lukoil** (Russia)
- **Sector:** Oil & Gas
- **Description:** A private Russian company with global exploration and production operations.
### **25. Repsol** (Spain)
- **Sector:** Oil & Gas
- **Description:** Actively transitioning towards renewable energy while maintaining strong oil and gas production.
---
### **26. Woodside Petroleum** (Australia)
- **Sector:** Oil & Gas
- **Description:** Australia’s largest independent oil and gas company, focusing on LNG production.
### **27. PTT Public Company** (Thailand)
- **Sector:** Oil & Gas
- **Description:** Thailand's largest energy company, focusing on petroleum exploration and refining.
### **28. OMV** (Austria)
- **Sector:** Oil & Gas
- **Description:** A leading energy company in Central Europe with operations in exploration, refining, and retail.
### **29. Galp Energia** (Portugal)
- **Sector:** Oil & Gas
- **Description:** A major player in oil refining and distribution, with investments in renewable energy.
### **30. SK Innovation** (South Korea)
- **Sector:** Oil & Gas
- **Description:** South Korea’s largest energy company, specializing in refining and batteries for electric vehicles.
---
| Rank | Company | Country | Market Capitalization (USD) | Sector |
|------|---------------------------|----------------|-----------------------------|---------------|
| 1 | Saudi Aramco | Saudi Arabia | $1.7 trillion | Oil & Gas |
| 2 | ExxonMobil | United States | $490 billion | Oil & Gas |
| 3 | Chevron Corporation | United States | $281 billion | Oil & Gas |
| 4 | Shell Plc | United Kingdom | $220 billion | Oil & Gas |
| 5 | PetroChina | China | $233 billion | Oil & Gas |
| 6 | TotalEnergies | France | $155 billion | Oil & Gas |
| 7 | NextEra Energy | United States | $150 billion | Solar, Wind |
| 8 | ConocoPhillips | United States | $127 billion | Oil & Gas |
| 9 | China Shenhua Energy Co. | China | $118 billion | Coal |
| 10 | BP Plc | United Kingdom | $97 billion | Oil & Gas |
| 11 | CNOOC Limited | Hong Kong | $147.94 billion | Oil & Gas E&P |
| 12 | China National Offshore Oil Corporation (CNOOC) | China | $147.94 billion | Oil & Gas E&P |
| 13 | Gazprom | Russia | $118 billion | Oil & Gas |
| 14 | Eni | Italy | $60 billion | Oil & Gas |
| 15 | Equinor | Norway | $55 billion | Oil & Gas |
| 16 | Reliance Industries | India | $200 billion | Diversified |
| 17 | Rosneft | Russia | $70 billion | Oil & Gas |
| 18 | Phillips 66 | United States | $49 billion | Oil & Gas |
| 19 | Valero Energy | United States | $43 billion | Oil & Gas |
| 20 | Marathon Petroleum | United States | $48 billion | Oil & Gas |
| 21 | Occidental Petroleum | United States | $49 billion | Oil & Gas |
| 22 | Suncor Energy | Canada | $40 billion | Oil & Gas |
| 23 | Canadian Natural Resources| Canada | $45 billion | Oil & Gas |
| 24 | Petrobras | Brazil | $70 billion | Oil & Gas |
| 25 | Lukoil | Russia | $60 billion | Oil & Gas |
| 26 | Repsol | Spain | $25 billion | Oil & Gas |
| 27 | Woodside Petroleum | Australia | $23 billion | Oil & Gas |
| 28 | PTT Public Company | Thailand | $30 billion | Oil & Gas |
| 29 | OMV | Austria | $15 billion | Oil & Gas |
| 30 | Galp Energia | Portugal | $12 billion | Oil & Gas |
| 31 | SK Innovation | South Korea | $20 billion | Oil & Gas |
| 32 | Formosa Petrochemical | Taiwan | $25 billion | Oil & Gas |
| 33 | Idemitsu Kosan | Japan | $8.63 billion | Oil & Gas |
| 34 | Hess Corporation | United States | $45 billion | Oil & Gas |
| 35 | Devon Energy | United States | $30 billion | Oil & Gas |
| 36 | Pioneer Natural Resources | United States | $53.57 billion | Oil & Gas |
| 37 | EOG Resources | United States | $77 billion | Oil & Gas |
| 38 | Anadarko Petroleum | United States | $30 billion | Oil & Gas |
| 39 | Apache Corporation | United States | $10 billion | Oil & Gas |
| 40 | Baker Hughes | United States | $45 billion | Oil & Gas |
| 41 | Halliburton | United States | $25 billion | Oil & Gas |
| 42 | Schlumberger | United States | $50 billion | Oil & Gas |
| 43 | TransCanada Corporation | Canada | $40 billion | Oil & Gas |
| 44 | Enbridge | Canada | $70 billion | Oil & Gas |
| 45 | Kinder Morgan | United States | $65 billion | Oil & Gas |
| 46 | Williams Companies | United States | $70 billion | Oil & Gas |
| 47 | Cheniere Energy | United States | $30 billion | Oil & Gas |
| 48 | Energy Transfer | United States | $68 billion | Oil & Gas |
| 49 | Enterprise Products Partners | United States | $72 billion | Oil & Gas |
| 50 | TC Energy | Canada | $50 billion | Oil & Gas |
*Note: Market capitalizations are approximate and rounded to the nearest billion. Rankings and figures are based on available data as of June 2024 and may have changed since then.*
Here is a detailed explanation of each company in the top 50 energy companies worldwide, based on their ranking, sector, and key highlights:
---
### **1. Saudi Aramco** (Saudi Arabia)
- **Sector:** Oil & Gas
- **Description:** The largest oil producer in the world, responsible for about 10% of the global oil supply. Known for its massive oil reserves and state-of-the-art facilities.
### **2. ExxonMobil** (United States)
- **Sector:** Oil & Gas
- **Description:** One of the largest publicly traded oil companies. Specializes in exploration, production, refining, and marketing of oil and natural gas.
### **3. Chevron Corporation** (United States)
- **Sector:** Oil & Gas
- **Description:** Operates across the energy spectrum, including oil, natural gas, and geothermal energy. A major player in refining and fuel marketing.
### **4. Shell Plc** (United Kingdom)
- **Sector:** Oil & Gas
- **Description:** A multinational energy giant with a strong focus on renewables and a commitment to reducing carbon emissions.
### **5. PetroChina** (China)
- **Sector:** Oil & Gas
- **Description:** The largest oil and gas producer and distributor in China. Focuses on exploration, refining, and marketing of petroleum products.
### **6. TotalEnergies** (France)
- **Sector:** Oil & Gas
- **Description:** A leading energy company investing heavily in renewable energy sources, including solar and wind power.
### **7. NextEra Energy** (United States)
- **Sector:** Solar & Wind
- **Description:** The largest producer of solar and wind energy in the world. A leader in sustainable and renewable energy projects.
### **8. ConocoPhillips** (United States)
- **Sector:** Oil & Gas
- **Description:** Focuses on exploration and production of natural gas and crude oil. Operates in multiple countries worldwide.
### **9. China Shenhua Energy Co.** (China)
- **Sector:** Coal
- **Description:** The largest coal mining company in China, with significant investments in coal-based energy production.
### **10. BP Plc** (United Kingdom)
- **Sector:** Oil & Gas
- **Description:** Formerly British Petroleum, now a leader in transitioning to renewable energy, including hydrogen and solar.
---
### **11. CNOOC Limited** (Hong Kong/China)
- **Sector:** Oil & Gas Exploration
- **Description:** Specializes in offshore exploration and production of crude oil and natural gas.
### **12. Gazprom** (Russia)
- **Sector:** Oil & Gas
- **Description:** The largest producer of natural gas in the world, controlling a significant share of Europe’s gas supply.
### **13. Eni** (Italy)
- **Sector:** Oil & Gas
- **Description:** Known for its extensive operations in Europe, Africa, and the Middle East. Aiming to be carbon neutral by 2050.
### **14. Equinor** (Norway)
- **Sector:** Oil & Gas
- **Description:** A major player in offshore oil production and a global leader in offshore wind energy.
### **15. Reliance Industries** (India)
- **Sector:** Diversified
- **Description:** Operates in oil refining, petrochemicals, and telecommunications. The largest private sector company in India.
---
### **16. Rosneft** (Russia)
- **Sector:** Oil & Gas
- **Description:** Russia’s largest oil company, involved in exploration, production, and refining.
### **17. Phillips 66** (United States)
- **Sector:** Oil & Gas
- **Description:** Focuses on refining, midstream logistics, and petrochemical manufacturing.
### **18. Valero Energy** (United States)
- **Sector:** Oil & Gas
- **Description:** A leading international manufacturer and marketer of fuels, petrochemical products, and power.
### **19. Marathon Petroleum** (United States)
- **Sector:** Oil & Gas
- **Description:** Operates the largest refining system in the U.S., producing gasoline, diesel, and petrochemicals.
### **20. Occidental Petroleum** (United States)
- **Sector:** Oil & Gas
- **Description:** A leader in oil and gas exploration with a focus on sustainable practices and carbon capture technologies.
---
### **21. Suncor Energy** (Canada)
- **Sector:** Oil & Gas
- **Description:** A major Canadian energy company focused on oil sands production and refining.
### **22. Canadian Natural Resources** (Canada)
- **Sector:** Oil & Gas
- **Description:** Specializes in crude oil, natural gas, and oil sands development.
### **23. Petrobras** (Brazil)
- **Sector:** Oil & Gas
- **Description:** A state-controlled energy company with a strong focus on deepwater oil exploration.
### **24. Lukoil** (Russia)
- **Sector:** Oil & Gas
- **Description:** A private Russian company with global exploration and production operations.
### **25. Repsol** (Spain)
- **Sector:** Oil & Gas
- **Description:** Actively transitioning towards renewable energy while maintaining strong oil and gas production.
---
### **26. Woodside Petroleum** (Australia)
- **Sector:** Oil & Gas
- **Description:** Australia’s largest independent oil and gas company, focusing on LNG production.
### **27. PTT Public Company** (Thailand)
- **Sector:** Oil & Gas
- **Description:** Thailand's largest energy company, focusing on petroleum exploration and refining.
### **28. OMV** (Austria)
- **Sector:** Oil & Gas
- **Description:** A leading energy company in Central Europe with operations in exploration, refining, and retail.
### **29. Galp Energia** (Portugal)
- **Sector:** Oil & Gas
- **Description:** A major player in oil refining and distribution, with investments in renewable energy.
### **30. SK Innovation** (South Korea)
- **Sector:** Oil & Gas
- **Description:** South Korea’s largest energy company, specializing in refining and batteries for electric vehicles.
---
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