This month (July 2012), the United States’ FORBES magazine issued a list of 25 biggest oil companies in the world. The top ranking company is Saudi Arabia’s government owned Saudi Aramco.
The ranking takes into account combined daily production of oil and gas, expressed in barrels of oil equivalent.
Aramco’s output is 12.5 MBPD. For the sake of comparison, the second company in the ranking, Russia’s Gazprom, extracts 9.7 MBPD.
Other Arab companies in the list are the Kuwait Petroleum Corporation, at 10th with 3.2 MBPD; the Abu Dhabi National Oil Company (11th at 2.9 MBPD), Algeria’s Sonatrach (12th at 2.7 MBPD), the Iraqi Ministry of Oil (16th at 2.3 MBPD) and Qatar Petroleum (17th at 2.3 MBPD).
From Southeast Asia was represented by Malaysia’s Petronas was ranked 25th.
How about Indonesia’s government owned PERTAMINA?
Top Ranking of The World’s 25 Biggest Oil Companies:
- Saudi Aramco (SAUDIA ARABIA)
- Gazprom (RUSSIA)
- National Iranian Oil Co. (IRAN)
- ExxonMobil (USA)
- PetroChina (CHINA)
- BP (UK)
- Royal Dutch SHELL (DUTCH)
- Pemex (MEXICO)
- Chevron (USA)
- Kuwait Petroleum Corp. (KUWAIT)
- Abu Dhabi National Oil Co. (UEA)
- Sonatrach (ALGERIA)
- TOTAL (FRANCE)
- Petrobas (BRAZIL)
- Rosneft (RUSSIA)
- Iraqi Ministry of Oil (IRAQ)
- Qatar Petroleum (QATAR)
- LUKoil (RUSSIA)
- ENI (ITALY)
- Statoil (NORWAY)
- ConocoPhillips (USA)
- Petroleos de Venezuela (VENEZUELA)
- Sinopec (CHINA)
- Nigerian National Petroleum (NIGERIA)
- Petronas (MALAYSIA)