Monday, April 8, 2019

The Biggest Oil & Gas Companies in 2018

 Sinopec logo. Picture: Twitter.

Sinopec continued to lead the world’s biggest oil and gas companies in 2018, enjoying a double-digit revenue growth when compared to 2017.

The majority of the ten biggest witnessed a similar double-digit growth, which was as high as 31.4% for Rosneft. Offshore-technology.com profiles the ten biggest oil and gas companies by 2018 revenues, excluding the state-owned Saudi Aramco.

Index of this series of articles covering the top 10 Oil & Gas companies:
  • 10. Phillips 66
  • 9. Lukoil
  • 8. Rosneft
  • 7. Chevron
  • 6. Total
  • 5. ExxonMobil
  • Numbers 4, 3, 2 and 1 will be published on April 9nd, 2019

7. Chevron – $158.9bn

US-based multinational energy corporation Chevron reported a 17.99% year-on-year revenue growth to $158.90bn in 2018. The company’s net oil-equivalent production in 2018 averaged at 2.93Mbpd, compared with 2.73Mbpd in 2017. The net liquid production was 1.78Mbpd, whereas the net natural gas production was 6.9bcfd.

With an average refinery input of 1.61Mbpd, the company’s sales of refined products stood at 2.6Mbpd. The company’s top six refineries in Singapore, Thailand and South Korea, as well as the US states of California and Mississippi, comprise more than 90% of its total crude oil refining capacity.

The company’s ongoing flagship projects include Gorgon, Wheatstone, Tengiz Expansion, Big Foot, Mafumeira Sul, Alder, and Angola LNG. In December 2018Chevron announced a $20bn ($17.3bn upstream and $2.5bn downstream) investment programme for 2019.

6. Total – $209.36bn

French energy company Total’s revenues increased by 22.08% to $209.36bn in 2018. The refinery and chemical segment contributed 44%, while the marketing and services segment accounted for 43%, and the exploration and production segment had a 5.25% share of the total revenue.

The company’s total hydrocarbon production increased by 8.1% to 2.78Mboe/d in 2018. Liquids production increased by 16% to 1.56Mbpd, while gas production decreased by 1% to 6.59bcfd. Its refinery throughput increased by 1% to 1.85Mbpd in the year.

The major project start-ups and ramp-ups during the year included the Egina field, Yamal LNG, Moho Nord, Fort Hills, Kashagan, Kaombo Norte, and Ichthys.

5. ExxonMobil – $290.2bn

US-based oil and gas major ExxonMobil’s revenue increased by 18.76% to reach $290.2bn in 2018. The company produced 2.26Mbpd of liquids and 9.4 billion cubic metres (bcm) of natural gas a day in 2018.

With a refinery throughput of 4.27Mbpd, ExxonMobil reported average petroleum product sales of 5.5Mbpd in 2018. The US market accounted for 2.2Mbpd of the company’s petroleum product sales, while 1.55Mbpd was sold in the European market.

ExxonMobil made its final investment decision to develop the West Barracouta gas field in Bass Strait to bring gas supplies to the Australian domestic market. It also secured LNG offtake commitments for its upcoming Rovuma LNG project in Mozambique during the year.
 
https://tankterminals.com/news/the-biggest-oil-gas-companies-in-2018-2-3/?utm_medium=email&utm_campaign=Subscribers%20-%20Week%2014&utm_content=Subscribers%20-%20Week%2014+CID_1deeb965fe653b6b88a84836ac1fef96&utm_source=weekly&utm_term=The%20Biggest%20Oil%20%20Gas%20Companies%20in%202018%2023

21 comments:

  1. We CLOSED JOINT-STOCK COMPANY AGS OIL is one of the leading Oil & Gas trading companies in Russia Federation with good business reputation and well experienced in the Petroleum and mining sector. We offer the following trades through our reliable Refineries: D2 DIESEL OIL GOST 305-82, JP54 AVIATION KEROSENE COLONIAL GRADE, UREA 46%/PRILLS, LNG, LPG, REBCO, MAZUT100 GOST 10585-75/99, AUTOMOTIVE GAS OIL(AGO). We as well secure allocations from our various Refineries for our numerous buyers who are interested in Spot transactions on FOB/CIF deliveries to any world safe port (AWSP). Our Refineries have their products both at Russian ports and Rotterdam port. we also have a reliable SHIPPING COMPANY if you are in need of find the contact bellow.
    Email: baevsergeyalexandrovich@bk.ru
    BAEVSERGEY ALEXANDROVICH.

    ReplyDelete
  2. With a regular electric stove, you just turn the handle to turn the stove on.3 burner gas stove with glass top

    ReplyDelete
  3. I was surfing net and fortunately came across this site and found very interesting stuff here. Its really fun to read. I enjoyed a lot. Thanks for sharing this wonderful information. gis midstream

    ReplyDelete
  4. I find the blog post very interesting and moreover very informative.Thanks for sharing the informative stuff.
    Oil & Gas Companies in Dubai

    ReplyDelete
  5. We are really grateful for your blog post. You will find a lot of approaches after visiting your post. I was exactly searching for. Thanks for such post and please keep it up. Great work. venta de sociedades

    ReplyDelete
  6. Thanks for sharing the best information and suggestions, I love your content, and they are very nice and very useful to us. If you are looking for the best Kholder Development,then KHolder Development.I appreciate the work you have put into this.



    ReplyDelete
  7. It’s great to come across a blog. as we provide Cargo Services Miami at affordable prices. for more info visit our website.

    ReplyDelete
  8. That's really awesome blog because i found there lot of valuable Information. as we provide lpg providers in UK at affordable prices. for more info visit our website.

    ReplyDelete
  9. I found your this post while searching for some related information on blog search...Its a good post..keep posting and update the information. gilgamesh industrial

    ReplyDelete
  10. The Bosch 500 Series NGM5064UC 30 inch gas cooktop is a four burner cooktop that is available in both stainless steel and black. best gas cooktops

    ReplyDelete
  11. Thanks for sharing this blog with us. It will be beneficial for us. Want to buy gas heater regulator then igt-lpg.com is offering the great quality gas heater regulator. Visit us on patio gas regulator

    ReplyDelete
  12. Hi there to everybody, it’s my first go to see of this web site; this weblog consists of awesome and in fact good stuff for visitors. Hurrah, that’s what I was exploring for, what stuff! Existing here at this blog, thanks admin of this web site. You can also visit Unconventional Oil And Gas for more KHolder Development. related information and knowledge.

    ReplyDelete
  13. This blog is really helpful to deliver updated educational affairs over internet which is really appraisable. I found one successful example of this truth through this blog. I am going to use such information now.
    Green Homes Grant

    ReplyDelete
  14. The article was up to the point and described the information very effectively. Thanks to blog author for wonderful and informative post.
    omni group pakistan

    ReplyDelete
  15. Over recent years we've seen more and more gas stoves enter the market. Many retailers now also sell gas stoves along with the traditional electric stoves. You are probably used to using the electrical stove and consequently you probably are quite fed up with the lack of electricity resources in the country. Load shedding has taken over our lives and we have to work around it and that's why many people are turning to gas stoves. But are gas stoves better than electric stoves? Best Gas Stoves Brands in India 2021

    ReplyDelete
  16. Wonderful article. I’m satisfied that you simply shared this helpful information with us. Thank you so much.
    Gas Heaters Prices in Dubai

    ReplyDelete
  17. Such a nice blog. Thanks for sharing the useful information. Integrated Gas Technologies offers the lpg gas safety device with best price & deals. For details, Visit us.

    ReplyDelete