RDS Tops The List But Global Diversity Dominates World's Largest Oil And Gas Companies In 2019

PetroChina and Sinopec stand out because they had very high sales revenue but relatively low profit. PetroChina has the fourth highest sales of any company in the world, and Sinopec has the second highest at $400 billion. However, their profits are only 80, respectively. Both made profits of under $10 billion.

The global nature of the oil and gas industry is made obvious by the Global 2000 list. 60 years ago the industry was dominated by U.S. and European firms that operated globally. Now major public oil and gas businesses are based across Asia and South America as well, even in countries without significant oil and gas reserves of their own. In addition to China, India is the home of

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