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top 50 energy companies worldwide

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Writer AndyKim Hit 2,461 Hits Date 25-01-17 14:31
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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.

---

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