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Perhaps, no other business drives human lives and world politics as much as energy giant companies. Below are the top 5 biggest companies in the world not necessarily in energy sector, but in any sector. Let’s get introduced to them:
Meet the world’s most biggest and valuable company. How big it is? Well, one can only guess. This Saudi Arabian Oil Company has been valued anywhere from USD 7 trillion to USD 17 trillion. The company is based in Dhahran, Saudi Arabia. Saudi Aramco operates the world’s largest single hydrocarbon network, the Master Gas System and generate more than USD 1 billion a day in revenues.
This Moscow based company is the largest extractor of natural gas in the world. The company is valued anywhere from USD 7 trillion to USD 10 trillion. Gazprom supplies European Union with 30 per cent of its gas needs. The company makes more than USD 40 billion in revenue every year.
After Saudi Aramco and Gazprom, National Iranian Oil Company is the third largest Oil Company in the world. The company crossed the magical USD 1 trillion mark way back in 2012. Recently, the company was in the news when a Swiss court orders Israel to pay Iran USD 1.1 billion in oil pipeline dispute. NIOC (National Iranian Oil Company) is estimated to hold around 156.53 billion barrels of liquid hydrocarbons and 33.79 trillion cubic meters of natural gas.
When PetroChina bypass ExxonMobil market capitalization in 2012, Forbes took note and reported it. Ever since the competition between the two giants energy companies have been a popular narrative in the business world. PetroChina became an USD 1 trillion company in 2007 and it was reported widely in world media. Just few days ago PetroChina found over 100 million tons of tight oil reserves from the Changing field, located in the Ordos basin.
This American giant has a refining capacity of 6.3 million barrels per day (1,000,000 m3) operating in 21 countries. It has a market cap of around USD 440 billion, but the value of its all oil reserve is over USD 2.2 trillion. ExxonMobil is the world fifth largest company by revenue.