2020 global list of the top oil and gas companies based on revenue

This statistic shows the 2020 ranking of the twenty leading global oil and gas companies based on revenue. The values are based on the 2020 Financial Times Equity list of the leading global companies. U.S. oil and gas company ExxonMobil was ranked fifth that year, with a total 2019 revenue of some 249 billion U.S. dollars.

Top oil and gas companies worldwide

The United Kingdom’s Royal Dutch Shell and BP are among the world’s largest oil and gas companies, earning revenues of 321 billion U.S. dollars and 272 billion U.S. dollars respectively in 2019, according to the 2020 FT ranking. Royal Dutch Shell, more commonly known as Shell, produced about 627.3 million barrels of oil and gas liquids in 2019. Shell was founded in 1907 and is headquartered in The Hague, Netherlands and in London, United Kingdom. Shell is vertically integrated in the oil and gas industry and is a part of exploration, production, refining, and power generation, among other aspects of the industry. In 2014, Shell held off on their initial 2012 plans to drill into the Arctic waters near Alaska, citing that there was a lack of clarity in shale exploration in the United States.

The Sinopec Group in China is one of the world’s most profitable companies as well as one of the largest oil and gas companies. In 2019, the company generated 394.5 billion U.S. dollars in revenue. Headquartered in Beijing, the company is also known as China Petroleum & Chemical Corporation. The company focuses on aspects of the oil and gas industry such as petroleum and petrochemical engineering projects, exploration and production of oil and natural gas, as well as storage and transportation.

2020 ranking of the leading global oil and gas companies based on revenue

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Release date

June 2020



Survey time period


Supplementary notes

Ranking compiled in 2020 based on the latest available revenue.
*Referred to as China Petroleum & Chemical Corporation by the source.

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