Interactive Investor

The top 10 oil and gas companies in the world

21st January 2015 09:57

Lee Wild from interactive investor

Asked to name the 10 largest oil companies in the world, most of us would be confident enough to give it a crack. There are two in the FTSE 100, right? But this infographic by the guys at Visual Capitalist reveals a number of surprises.

Here's what they have to say (click to enlarge the infographic to the right).

When North Americans think of oil and gas companies, they often think of the big private sector companies such as Exxon Mobil or ConocoPhillips.

However, it is always interesting to look at the sheer size and scope of some of the major government owned (or partnered) oil and gas firms to really see the extent of the industry.

Saudi Aramco, the Saudi Arabian oil and gas giant, is by far the biggest energy company in the world. Saudi Aramco's biggest field, Ghawar, generates 5 million barrels per day of oil (bpd), and the company as a whole makes more than $1 billion (£662.35 million) per day in revenues.

The company's value has been estimated around $10 trillion - the biggest company in the world. That's about 15 times the size of Apple.

Gazprom and National Iranian Oil Company also produce 8.1 million and 6.1 million bpd equivalent. Meanwhile PetroChina, only one of three big state-owned oil giants in China, produces 3.9 million barrels each day.

With oil prices at their lowest in five years, it will be interesting to see how all of these companies respond.

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.