Mid 2012 Ranking of the World's Biggest Oil & Gas Companies -- Forbes

by David Rachovich

World's Top 25 Oil and Gas Companies

Rank	Company	Production Volumes* (million barrels per day)
1.	Saudi Aramco (Saudi Arabia)	12.5
2.	Gazprom (Russia)	9.7
3.	NIOC (Iran)	6.4
4.	ExxonMobil Corp. (USA)	5.3
5.	PetroChina (China)	4.4
6.	BP (UK)	4.1
7.	Royal Dutch/Shell (NL/UK)	3.9
8.	Pemex (Mexico)	3.6
9.	Chevron Corp. (USA)	3.5
10.	KPC (Kuwait)	3.2
11.	ADNOC (UAE)	2.9
12.	Sonatrach (Algeria)	2.7
13.	Total (France)	2.7
14.	Petrobras (Brazil)	2.6
15.	Rosneft (Russia)	2.6
16.	MoO (Iraq)	2.3
17.	QP (Qatar)	2.3
18.	Lukoil (Russia)	2.2
19.	Eni (Italy)	2.2
20.	Statoil (Norway)	2.1
21.	ConocoPhillips (USA)	2.0
22.	PDVSA (Venezuela)	1.9
23.	Sinopec (China)	1.6
24.	NNPC (Nigeria)	1.4
25.	Petronas (Malaysia)	1.4

*2012 working interest production volumes calculated by Wood Mackenzie reflects oil plus the energy equivalent in natural gas.
Source: Christopher Helman, "The World's Biggest Oil Companies," Forbes, July 16, 2012

(Also, please see the world's largest oil and gas companies by oil and gas production, oil and gas reserves, product sales and refinery distillation capacity, i.e., PIW rankings: "[Petroleum Intelligence Weekly Ranks World's Top 50 Oil Companies -- ] Suncor Up, ConocoPhillips Down in PIW`s New Top 50 Oil Rankings." And PFC Energy ranking of the biggest publicly-traded energy companies, based mainly on capital market performance: "PFC Energy 50 Ranking of World’s Top Energy Companies." Furthermore, please see Platts Top 250 Global Energy Company Rankings/my post incl update, which reflect fiscal year financial performance of companies in four key areas: asset value, revenues, profits and return on invested capital/ROIC. Update: "2013 Ranking of the World's Biggest Oil Companies - Forbes" -- D.R.)

World's 22 Largest Oil Consumers, 2007-2011 -- BP

by David Rachovich

Oil Consumption*  

Rank	Country	Year 2011 (thousand barrels per day)	Year 2010 (thousand barrels per day)	Year 2009 (thousand barrels per day)	Year 2008 (thousand barrels per day)	Year 2007 (thousand barrels per day)
1.	United States	18,835	19,180	18,771	19,498	20,680
2.	China**	10,121	9,612	8,546	8,230	8,141
3.	Japan	4,418	4,413	4,381	4,809	5,007
4.	India	3,473	3,332	3,267	3,068	2,835
5.	Russia	2,961	2,804	2,710	2,779	2,648
6.	Saudi Arabia	2,856	2,748	2,555	2,338	2,163
7.	Brazil	2,653	2,629	2,415	2,395	2,235
8.	South Korea	2,397	2,392	2,339	2,308	2,399
9.	Germany	2,362	2,445	2,409	2,502	2,380
10.	Canada	2,293	2,298	2,179	2,288	2,323
11.	Mexico	2,027	2,014	1,995	2,054	2,067
12.	Iran	1,824	1,887	1,923	1,906	1,843
13.	France	1,724	1,761	1,822	1,889	1,911
14.	United Kingdom	1,542	1,588	1,610	1,683	1,716
15.	Italy	1,486	1,532	1,563	1,661	1,740
16.	Indonesia	1,430	1,426	1,316	1,263	1,271
17.	Spain	1,392	1,447	1,475	1,559	1,616
18.	Singapore	1,192	1,154	1,067	990	941
19.	Thailand	1,080	1,052	1,042	1,004	1,023
20.	Netherlands	1,052	1,058	1,041	1,069	1,123
21.	Australia	1,003	956	931	936	925
22.	Taiwan	951	1,028	987	992	1,096
Total World		88,034	87,439	84,631	85,768	86,321
OECD		45,924	46,523	46,009	48,023	49,632
Non-OECD		42,111	40,917	38,623	37,745	36,689
EU		13,478	13,860	13,949	14,685	14,755

 

*Inland demand plus international aviation and marine bunkers and refinery fuel and loss.  Consumption of fuel ethanol and biodiesel is also included.

**Including Hong Kong. Hong Kong's consumption was 363,000 barrels per day in 2011, 361,000 b/d in 2010, 334,000 b/d in 2009, 293,000 b/d in 2008 and 324,000 b/d in 2007 (D.R.)

Source: BP Statistical Review of World Energy, June 2012