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Global energy industry - statistics & facts

The global energy industry is responsible for providing many of our basic needs - electricity for lights to see at night, heat that keeps our homes warm, and the fuel that powers our automobiles. Generally, the energy industry is involved in the extraction, production, refining, and distribution of energy sources. These may be primary sources such as crude oil, natural gas, and coal or secondary sources such as electricity. As populations grow and low-income countries move towards urbanization, the demand for energy is expected to increase even further, as is evident by the rise in electricity generation.

Energy transition in focus

In recent years, many governments have begun readying their energy sector for a transition to emission-free sources. As the general public's awareness of humanity’s environmental footprint increases, so too does the demand for greater worldwide investment in sustainable energy. However, despite growing willingness, overhauling our energy systems while maintaining energy integrity and security remains a huge undertaking, and the clean energy share in our electricity mix has changed little in the past decade. With the Russia-Ukraine war laying bare the issues surrounding import dependency (largely for fossil fuels), a quicker move to building up global renewable capacity, particularly in Europe, may be expected in the future.

Oil and gas companies top ranking of largest energy companies

Oil and gas producers have historically been the largest companies within the energy sector as most of them are involved in various levels of the energy supply chain. State-owned enterprises such as China Petroleum & Chemical Corp (Sinopec) and PetroChina regularly rank as the top energy companies by revenues generated. This is unsurprising given that petroleum products remain a ubiquitous part of everyday life. As of 2021, China was also the oil and gas industry's biggest employer, with a workforce of an estimated 2.9 million people.

Interesting statistics

In the following 7 chapters, you will quickly find the 31 most important statistics relating to "Global energy industry".

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