Top 20 Oil Companies in the World

Top 20 Oil Companies in the World 2024

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What are top 20 Oil Companies in the World 2024?

Oil and gas is one of the most important and treasured commodities every nation depends on for their economic growth. It is also one of the most profitable industries in the world. The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transporting and marketing of petroleum products. 

Read Largest Companies in the world

China dominated the list with the four companies. The sector has also produced many billionaires in the world.

Several Business Tycoons such as Mukesh Ambani, Aliko Dangote, Harold Hamm, Gennady Timchenko, and many more are involved in oil business

Take a look at the full list of the biggest Top 20 Oil Companies in the World.

Top 20 Oil Companies in the World

CountryCompanyNet Worth (9$)
ChinaChina Petroleum & Chemical Corporation464 Billion
ChinaChina National Petroleum Corp (CNPC)396 Billion
ChinaPetroChina360 Billion
NetherlandsPetroChina345 Billion
Saudi ArabiaSaudi Arabian Oil330 Billion
United KingdomBP278 Billion
United SatesExxon Mobil265 Billion
FranceTotal200 Billion
United SatesChevron Corporation147 Billion
RussiaRosneft Oil Corporation140 Billion
RussiaLukoil127 Billion
RussiaGazprom119 Billion
United SatesValero Energy117 Billion
JapanJX Holdings103 Billion
United SatesPhillips 66102 Billion
ChinaChina National Offshore Oil100 Billion
United SatesMarathon Petroleum96 Billion
BrazilPetrobras95 Billion
MexicoPemex88 Billion