Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by companies, and often reported by neutral, unbiased, reliable publications. Reported data may be subsequently revised or restated due to a wide range of issues such as exchange rates, contract settlements, or mid-year discontinuation of products or services. Fiscal years are for January 1 to December 31, except where noted. Empty cells indicate that no data for that year has been reported yet.

This list is partially sourced from the S&P Global Commodity Insights Top 250 Global Energy Company Rankings for 2022. The S&P Global list is restricted to publicly traded companies, and only integrated oil and gas, oil and gas exploration and production, oil and gas refining and marketing, and oil and gas storage and transportation companies were included on the list below. For state-owned oil corporations, the list below is also partially sourced from data provided by Statista and the Sovereign Wealth Fund Institute.

This list provides data for parent companies, not each subsidiary.

Companies +Revenue in US$ billion Company Name Country201820192020202120222023 Sonatrach 33.2 30.3 33.0 20.0 34.5 76.9https://sonatrach.com/wp-content/uploads/2025/01/Rapport_Annuel_2023-30M.pdf Sonangol Group 17.6 19.5 12.2 5.8 8.5 14.4 YPF 15.3 16.6 14.5 9.5 13.3 18.7 APA Group 1.9 1.9 1.6 1.7 1.9 2.0 Origin Energy 10.6 10.9 10.2 9.0 9.0 11.4 Santos 3.1 3.7 4.1 3.5 4.8 7.8 Woodside Energy 3.9 5.2 4.8 3.6 6.9 16.8 OMV Group 22.8 27.9 26.2 18.9 42.0 68.2 SOCAR 53.8 65.3 49.1 23.2 45.5 70.0 nogaholding 6.0 7.4 7.0 4.3 6.8 11.1 Bangladesh Petroleum Corporation 5.8 5.8 4.6 5.7 Petrobangla 0.5 0.5 1.8 6.8 6.6 Belneftekhim 12.7 YPFB 5.6 6.5 6.2 4.6 5.9 8.1 Petrobras 77.8 84.6 76.5 53.6 83.9 124.4 Ultrapar 24.8 24.9 22.6 15.9 22.0 27.8 Brunei Energy Services and Trading 1.8 2.1 3.5 2.6 0.9 Bulgarian Energy Holding 3.2 4.2 4.1 3.6 6.8 10.8 AltaGas 1.9 3.2 4.1 4.1 8.4 10.8 ARC Resources 0.8 1.0 0.9 0.8 4.0 6.6 Brookfield Infrastructure Partners 0.0 0.3 1.2 0.2 1.1 14.4 Canadian Natural Resources 14.1 17.1 18.3 13.0 26.2 32.5 Crescent Point Energy 2.5 2.9 2.5 1.2 2.5 3.4 Cenovus Energy 13.3 16.5 16.3 10.3 38.9 55.1 Enbridge 34.2 35.7 37.7 29.1 37.5 40.9 Enerplus 0.7 1.0 0.8 0.6 1.2 2.1 Frontera Energy 0.9 1.0 1.0 0.4 0.7 1.2 Gibson Energy 4.3 5.2 5.5 3.6 5.7 8.4 Inter Pipeline 2.2 2.6 2.5 1.7 2.3 Keyera 0.3 0.3 0.3 1.6 3.3 5.4 MEG Energy 1.9 1.8 2.2 1.6 3.4 4.7 Paramount Resources 0.3 0.6 0.6 0.4 1.1 1.6 Pembina Pipeline 5.4 7.3 7.2 5.9 8.6 8.9 Suncor Energy 25.3 30.5 30.0 18.5 32.7 44.9 Tourmaline Oil 1.2 1.6 1.5 1.6 3.4 6.7 TC Energy 10.3 10.5 9.9 9.6 10.6 11.5 Vermilion Energy 0.7 1.1 1.3 0.8 1.6 2.6 Whitecap Resources 0.7 1.1 1.0 0.6 2.1 3.6 Empresas Copec 20.3 23.9 23.7 18.0 24.7 30.7 Empresa Nacional del Petróleo 6.4 8.3 7.6 4.8 7.6 12.3 China National Offshore Oil 27.5 34.3 32.4 22.5 38.1 62.7 China Suntien Green Energy 1.0 1.5 1.6 1.8 2.4 2.7 COSCO Shipping Energy 1.4 1.8 1.9 2.3 1.9 2.71.9 China National Petroleum Corporation 346.3 414.6 386.0 302.6 435.1 Sinopec 349.3 437.7 429.5 305.2 424.8 478.5 Guanghui Energy 7.9 12.6 13.7 14.9 24.3 58.6 Ecopetrol 16.7 20.5 21.4 15.0 27.5 47.8 INA d.d. 2.8 3.7 3.5 2.3 3.5 4.9 Moravské naftové doly (MND) 3.2 3.0 2.0 5.4 9.0 Petroecuador 9.5 11.6 11.8 9.9 12.1 Neste 14.9 17.6 17.7 13.4 17.9 27.0 Engie 59.6 57.0 60.1 44.3 57.9 98.9 Schlumberger 21.9 24.2 32.9 23.6 22.9 28.0 TechnipFMC 17.0 14.8 15.0 7.4 7.5 6.7 TotalEnergies 171.4 209.3 200.3 140.6 205.8 285.8 Wintershall Dea 4.3 4.4 9.6 19.8 Hellenic Petroleum 9.0 11.5 9.9 6.6 10.9 15.2 Motor Oil Hellas 8.8 11.2 10.4 6.9 12.1 17.5MOL 15.3 19.2 18.0 13.4 19.7 26.7 Bharat Petroleum 37.8 45.9 44.2 41.3 58.8 68.0Hindustan Petroleum 33.2 28.2 39.0 36.8 50.8 59.4 Indian Oil 61.7 69.5 76.9 70.1 99.8 119.5 ONGC 14.3 17.1 14.6 10.1 14.8 87 Reliance Industries 66.2 81.9 64.5 43.4 107.0 124.0 Pertamina 46.0 57.9 54.7 41.4 57.5 95.9 National Iranian Oil Company 110.0 Iraq National Oil Company 59.4 73.4 78.5 42.0 75.6 115.0 BAZAN Group 5.6 6.6 6.4 4.1 6.5 10.8 Delek 1.9 2.2 0.9 1.9 2.4 3.5 Paz Oil Company 3.1 3.9 3.5 2.3 3.5 4.2 Eni 75.6 89.5 78.2 50.2 90.5 139.3 Saras S.p.A. 8.6 12.1 10.5 5.9 10.1 16.6 Cosmo Oil Company 22.4 25.2 25.1 20.9 22.2 21.4 Eneos Holdings 91.6 101.2 92.1 71.9 99.3 115.6 Idemitsu Kosan 33.9 40.7 56.8 41.4 60.8 72.8 Inpex 7.7 8.4 9.2 7.2 11.3 17.8 KazMunayGas 16.5 22.8 20.7 9.6 15.5 19.1 Kuwait Petroleum Corporation 81.7 78.0 69.0 39.3 52.7 National Oil Corporation 24.4 20.3 5.9 21.5 22.0 Petronas 52.0 62.2 58.0 42.5 59.8 85.4 Pemex 70.6 85.4 74.3 47.8 72.6 122.7 Myanma Oil and Gas Enterprise 3.1; 0.9 1.7 SBM Offshore 1.2 1.7 2.9 2.9 3.7 4.9 Royal Vopak 1.5 1.5 1.7 1.3 1.4 1.5 Nigerian National Petroleum Corporation 0.2 5.3 12.9 9.6 16.0 Aker BP 2.5 3.7 3.3 2.9 5.6 13.0 Equinor 60.9 78.5 62.9 45.7 88.7 150.8 OQ 23.0 19.0 14.0 22.7 39.1 Petroleum Development Oman 13.9 21.2 28.6 Pakistan State Oil 10.4 10.8 8.9 8.0 8.6 13.2 Petroperú 4.0 4.9 4.6 3.1 4.2 5.5 Grupa Lotos 6.4 8.3 7.7 5.4 8.6 PGNiG 9.5 11.4 10.9 10.0 18.1 PKN Orlen 25.3 30.4 28.9 22.1 32.3 62.6 Galp Energia 17.3 20.6 19.2 13.5 19.5 28.6 Nakilat 0.9 0.9 1.0 1.1 1.1 1.2 QatarEnergy 25.9 29.9 29.8 21.0 34.9 53.8 OMV Petrom 4.7 5.7 6.0 4.6 6.2 13.1 Gazprom 112.5 131.5 118.7 87.8 138.7 80.0 Lukoil 102.1 128.5 121.5 78.3 128.3 Novatek 9.9 13.3 13.3 9.8 15.7 Rosneft 84.1 131.8 134.4 83.1 121.1 124.9 Sovcomflot 1.4 1.5 1.6 1.5 1.6 Surgutneftegas 20.2 24.8 24.3 14.9 25.6 Tatneft 11.7 14.5 14.4 10.0 13.6 Transneft 15.2 15.6 16.4 13.3 14.6 Bahri 1.6 1.6 1.7 2.2 1.4 2.2 Saudi Aramco 264.1 359.2 329.8 229.8 400.4 604.3 Sasol 12.9 13.5 14.1 12.0 13.1 15.3 GS Caltex 27.2 32.7 29.9 17.8 31.0 46.8Korea National Oil Corporation 2.9 2.8 2.6 1.5 1.9 1.5 SK Innovation 41.2 48.7 45.3 31.4 42.1 64.4 CEPSA 20.5 26.0 23.6 15.5 26.4 32.8 Repsol 49.1 59.3 57.2 39.9 61.6 82.9 Lundin Energy 1.9 2.6 2.9 2.5 5.4 Puma Energy 15.1 15.3 14.5 8.1 10.9 15.8 CPC Corporation 29.1 33.9 32.5 24.2 31.9 41.0 Formosa Petrochemical 20.5 25.4 20.9 14.1 22.1 28.4 PTT 60.3 73.4 72.8 51.7 70.7 96.3 Trinidad Petroleum Holdings 2.9 3.6 0.7 0.7 1.0 1.4 TPAO 1.6 2.0 1.0 0.7 0.7 Naftogaz 8.5 9.4 5.8 5.9 8.0 Abu Dhabi National Oil Company 5.3 6.2 5.8 4.3 5.6 8.7 Emirates National Oil Company 16.4 21.0 BP 244.5 303.7 282.6 105.9 157.7 248.8 Centrica 28.0 27.3 15.9 14.9 18.3 41.6 Harbour Energy 2.4 3.4 5.4 Neptune Energy 2.5 2.2 1.5 2.4 4.6 Shell 211.8 396.5 352.1 183.1 272.6 386.2 Tullow Oil 1.7 1.8 1.6 1.3 1.2 1.7 APA Corporation 5.9 7.3 6.5 4.4 8.0 11.0 Cheniere Energy 5.6 7.9 9.7 9.3 15.8 33.4 Chesapeake Energy 10.0 10.0 8.5 5.2 5.8 11.7 Chevron Corporation 141.7 166.3 139.9 94.4 162.4 246.2 Civitas Resources 0.2 0.9 3.7 ConocoPhillips 32.5 38.7 36.6 19.2 45.8 82.1 Coterra Energy 1.4 3.4 9.0 Devon Energy 6.5 8.9 6.2 4.8 12.2 19.1 Energy Transfer Partners 40.5 54.0 54.2 38.9 67.4 89.8 Enterprise Products 29.2 36.4 32.7 27.1 40.7 58.1 EOG Resources 11.2 17.2 17.3 11.0 18.6 25.7 EQT Corporation 2.6 4.6 3.7 2.6 6.8 12.1 Equitrans Midstream 0.8 1.4 1.6 1.5 1.3 1.3 ExxonMobil 244.3 290.2 264.9 181.5 285.6 413.6 HF Sinclair 14.2 17.7 17.4 11.1 18.3 38.2 Hess Corporation 5.3 6.4 6.5 4.8 7.5 11.5 Kinder Morgan 13.7 14.1 13.2 11.7 16.6 19.2 Magellan Midstream Partners 2.5 2.8 2.6 2.3 2.7 3.2 Marathon Petroleum 74.7 96.5 123.9 69.7 119.9 179.9 Northern Oil & Gas 0.5 0.4 1.5 Occidental Petroleum 13.2 18.9 21.7 16.2 26.3 37.0 Oneok 9.8 11.3 8.9 7.2 15.1 22.3 Ovintiv 6.7 6.1 8.7 12.4 PBF Energy 21.8 27.2 24.5 15.1 27.3 46.8 PDC Energy 0.9 1.5 1.1 1.3 1.8 3.8 Phillips 66 104.6 111.4 109.5 65.4 114.8 175.7 Plains All American Pipeline 20.1 26.2 33.6 23.2 42.0 57.3 Talos Energy 0.3 0.7 0.8 0.5 1.0 1.6 Targa Resources 8.8 10.4 8.1 8.2 16.9 20.9 Valero Energy 93.0 117.0 108.3 64.9 113.9 176.3 Williams Companies 8.0 8.6 8.2 7.7 10.6 10.9 Uzbekneftegaz 2.6 2.7 1.9 4.1 6.4 PDVSA 11.0 Petrovietnam 21.3 26.9 31.7 21.1 27.1 39.7

See also List of largest manufacturing companies by revenue List of largest financial services companies by revenue List of largest companies by revenue List of petroleum industry occupations List of public corporations by market capitalization List of largest corporate profits and losses Fortune Global 500 Forbes Global 2000

References Notes

Citations

External links Annual ranking of the world's 100 largest oil companies 2021 by Petroleum Intelligence Weekly The Biggest Oil and Gas Companies in the World in 2020 by Statista World's Biggest Oil Companies in 2015 by Forbes Largest oil and gas companies by market capitalization