Ranking the world's top oil companies

Fri, 12/05/2008 - 5:41pm

Petroleum Intelligence Weekly's annual ranking of the world's top oil companies - based on criteria like reserves, refining capacity, and sales - was just released, and there is just a bit of shuffling near the top. Four of the five top oil companies now are state owned - Saudi Aramco, Iran's NIOC, Venezuela's PDV, and China's CNPC. A few highlights:

  • Saudi Aramco remains No. 1, and China's CNPC surpasses BP and Shell.
  • Russia's Rosneft makes biggest jump, from 24th to 16th.
  • Majority state-owned national oil companies now make up 27 of 50.
( filed under: )


Advertisement

 

no usa?

how come we cant make the top 5?
blog.foreignpolicy.com