.jpg "Top 5 of the Biggest Oil and Gas Companies Worldwide") |
| Oil and gas |
These top Oil and Gas companies in the world controlled mostly the industry. They hold, process,
transport, refine vast amount of oil and gas reserves, and we all know that
those reserves plays a really big role worldwide. So it’s not very surprising
the value, profits, and revenues of these companies. It’s not also surprising
how much influenced they have globally.
Based
in Dharhan, Saudi Arabia, Saudi Aramco is an Oil and Gas Company with estimated
value at up to US$10 trillion according to Financial Times, making it the
world’s most valuable company.
Saudi Aramco has the largest crude oil
reserves, at more than 260 billion barrels, and largest daily oil production.
It operates the world’s largest single hydrocarbon network, the Master Gas
System. It managed over 100 oil and gas fields in Saudi Arabia. It also owns
the world’s largest oil field, the Ghawar Field. Likewise the Shaybah Field
that is one of the largest oil field in the world.
Saudi
Aramco’s operations include:
·
Exploration
·
Production of
oil and gas
·
Refining
·
Petrochemicals
·
International
shipping
·
Marketing
·
Distribution
Based in Moscow, Russia, GazProm is the
largest extractor of natural gas and one of the largest companies in the world.
The company produced 513.2 billion
cubic meters of natural gas in 2011, amounting to 17% of worldwide production.
Gazprom also produces 32.3 million tons of crude oil and 12.1 million tons of
gas condensate. Gazprom’s activities accounted for 8% of Russia’s gross
domestic product in 2011.
GazProm’s
operations include:
·
Geological
exploration
·
Production and
processing of gas, gas condensate, and oil
·
Transportation
and storage of gas, gas condensate, and oil
·
Sales of gas
as vehicle fuel
·
Generation and
marketing of heat and electric power
Based in Tehran, Iran, NIOC is a
government-owned oil and natural gas corporation under the direction of the
Ministry of Petroleum of Iran.
NIOC is exclusively responsible for the
exploration, extraction, transportation, and exportation of crude oil, as well
as sales of natural gas and liquefied natural gas.
In 2007 NIOC has 948, 200 billion cubic
feet of natural gas reserves and 300, 385 million barrels of oil equivalent.
NIOC’s
operations include:
·
Exploration
and Production
·
Crude Oil
·
Natural Gas
·
Pipelines
·
Procurement
·
Production
Facilities
·
Exportation
Based in Texas, USA, ExxonMobil a
multinational oil and gas corporation which was formed by the merger of Exxon
and Mobil.
ExxonMobile is the world’s third largest
company by revenue. It has 72 billion of barrels of oil equivalent at the end
of 2007. With 37 oil refineries in 21 countries constituting a combined daily
refining capacity of 6.3 million barrels, ExxonMobil is the largest refiner in
the world.
ExxonMobil’s
operations include:
·
Deepwater
drilling
·
Energy
efficiency
·
Exploration
·
Extended reach
technology
·
Hrdraulic
fracturing
·
Liquefied
natural gas
·
Vehicle
technologies
Baed in Beijing, China, PetroChina is an oil and
gas company and also the China’s biggest oil producer. It is listed as arm of
state-owned China National Petroleum Coporation (CNPC).
PetroChina’s operations include:
·
Exploration, development, production and of crude oil and natural gas
·
Refining, transportation, storage of crude oil and oil products;
·
Production and marketing of primary petrochemical products, derivative
chemicals and other chemicals;
·
Transportation of natural gas, crude oil and refined oil
·
Marketing of crude oil and natural gas.
Sources:
