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This article was first published 11 years ago

15 biggest oil companies in the world

Last updated on: November 30, 2012 11:11 IST

Image: Vehicles queue at a petrol station in Dubai.
Photographs: Jumana El-Heloueh/Reuters

Oil is a multi-billion business and some companies are really reaping in the benefits.

Let's take a look at 15 biggest oil companies in the world.

Source: Business Insider

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15 biggest oil companies in the world

Image: An Exxon petrol station in Washington.
Photographs: Gary Cameron/Reuters

Exxon

Country: The United States

Assets: $331 billion

Revenues: $434 billion

Profits: $41 billion

Proved reserves: 24.9 billion barrels of oil equivalent

Current rank: 1

Previous rank: 1

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15 biggest oil companies in the world

Image: A worker monitors the queue as motorists wait for fuel at a filling station in Liverpool, northern England.
Photographs: Phil Noble/Reuters

Shell

Country: The Netherlands

Assets: $345 billion

Revenues: $470 billion

Profits: $31 billion

Proved reserves: 14.2 billion barrels of oil equivalent

Current rank: 2

Previous rank: 6

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15 biggest oil companies in the world

Image: A petrol station in downtown Los Angeles, California.
Photographs: Fred Prouser/Reuters

Chevron

Country: The United States

Assets: $209 billion

Revenues: $236 billion

Profits: $27 billion

Proved reserves: 4.3 billion barrels of oil equivalent

Current rank: 3

Previous rank: 2

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15 biggest oil companies in the world

Image: A sign board of a BP petrol station in Moscow.
Photographs: Sergei Karpukhin/Reuters

BP

Country: The United Kingdom

Assets: $293 billion

Revenues: $376 billion

Profits: $26 billion

Proved reserves: 17.7 billion barrels of oil equivalent

Current rank: 4

Previous rank: 118

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15 biggest oil companies in the world

Image: A Gazprom technician works at the gas export company's Sudzha compressor station in Russia.
Photographs: Denis Sinyakov/Reuters

Gazprom

Country: Russia

Assets: $328 billion

Revenues: $139 billion

Profits: $39 billion

Proved reserves: 14.2 billion barrels of oil equivalent

Current rank: 5

Previous rank: 3

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Tags: , Gazprom , Russia

15 biggest oil companies in the world

Image: A Statoil petrol station in the centre of Warsaw, Poland.
Photographs: Kacper Pempel/Reuters

Statoil

Country: Norway

Assets: $129 billion

Revenues: $108 billion

Profits: $13 billion

Proved reserves: 5.4 billion barrels of oil equivalent

Current rank: 6

Previous rank: 11

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15 biggest oil companies in the world

Image: View of French oil giant Total headquarters in the financial district of La Defense near Paris.
Photographs: Charles Platiau/Reuters

Total

Country: France

Assets: $205 billion

Revenues: $209 billion

Profits: $15 billion

Proved reserves: 11.4 billion barrels of oil equivalent

Current rank: 7

Previous rank: 5

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15 biggest oil companies in the world

Image: Smoke is released at the ConocoPhillips oil refinery in San Pedro, California.
Photographs: Bret Hartman/Reuters

ConocoPhillips

Country: The United States

Assets: $153 billion

Revenues: $235 billion

Profits: $12 billion

Proved reserves: 8.4 billion barrels of oil equivalent

Current rank: 8

Previous rank: 7

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15 biggest oil companies in the world

Image: A station attendant fills up a car at a PetroChina petrol station in Beijing.
Photographs: Jason Lee/Reuters

PetroChina

Country: China

Assets: $301 billion

Revenues: $310 billion

Profits: $21 billion

Proved reserves: 11.1 billion barrels of oil equivalent

Current rank: 9

Previous rank: 4

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Tags: , PetroChina , China

15 biggest oil companies in the world

Image: A woman walks past under a logo of Russian state oil firm Rosneft at its office in Moscow.
Photographs: Maxim Shemetov/Reuters

Rosneft

Country: Russia

Assets: $106 billion

Revenues: $90 billion

Profits: $12 billion

Proved reserves: 22.8 billion barrels of oil equivalent

Current rank: 10

Previous rank: 9

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Tags: , Rosneft , Russia

15 biggest oil companies in the world

Image: A Lukoil petrol station in Moscow.
Photographs: Sergei Karpukhin/Reuters

Lukoil

Country: Russia

Assets: $91 billion

Revenues: $134 billion

Profits: $10 billion

Proved reserves: 17.3 billion barrels of oil equivalent

Current rank: 11

Previous rank: 10

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Tags: , Russia

15 biggest oil companies in the world

Image: A Sinopec petrol station in Hong Kong.
Photographs: Bobby Yip/Reuters

Sinopec

Country: China

Assets: $60 billion

Revenues: $180 billion

Profits: $394 billion

Proved reserves: 4 billion barrels of oil equivalent

Current rank: 12

Previous rank: 7

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Tags: , China

15 biggest oil companies in the world

Image: Headquarters of Cnooc in Beijing.
Photographs: Jason Lee/Reuters

Cnooc

Country: China

Assets: $60 billion

Revenues: $38 billion

Profits: $11 billion

Proved reserves: 3.19 billion barrels of oil equivalent

Current rank: 13

Previous rank: 15

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Tags: , China

15 biggest oil companies in the world

Image: A petrol station in Viterbo, north of Rome.
Photographs: Giampiero Sposito/Reuters

Ecopetrol

Country: Colombia

Assets: $52 billion

Revenues: $37 billion

Profits: $9 billion

Proved reserves: Two billion barrels of oil equivalent

Current rank: 14

Previous rank: 23

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Tags: , Colombia

15 biggest oil companies in the world

Image: Company logo at a TNK petrol station in Moscow.
Photographs: Maxim Shemetov/Reuters

TNK-BP

Country: Russia

Assets: $35 billion

Revenues: $53 billion

Profits: $1 billion

Proved reserves: Nine billion barrels of oil equivalent

Current rank: 15

Previous rank: 20

Tags: TNK-BP , Russia