This list is only the top 15 oil companies. Think about this for a minute. The total reserves from just these 15 is more than 165 billion barrels of oil. Remember when years ago Americans waited in line for hours to get a ration of gas? 165 billion barrel of oil in reserve doesn’t sound like there is an energy shortage, sounds more like a drilling, distribution and logistics problem to me. Not to mention the tens of thousands of billions of dollars these reserves represent.
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The travel and hospitality folks claim they are the largest industry in the world.
With politics, billions at stake, and demand constant, the worldwide energy business can’t be smaller!
Please share your thoughts.
Country: USA
Assets: $331 billion
Revenues: $434 billion
Profits: $41 billion
Proved reserves: 24.9 billion barrels of oil equivalent
Country: The Netherlands
Assets: $345 billion
Revenues: $470 billion
Profits: $31 billion
Proved reserves: 14.2 billion barrels of oil equivalent
Country: USA
Assets: $209 billion
Revenues: $236 billion
Profits: $27 billion
Proved reserves: 4.3 billion barrels of oil equivalent
Country: UK
Assets: $293 billion
Revenues: $376 billion
Profits: $26 billion
Proved reserves: 17.7 billion barrels of oil equivalent
Country: Russia
Assets: $328 billion
Revenues: $139 billion
Profits: $39 billion
Proved reserves: 14.2 billion barrels of oil equivalent
Country: Norway
Assets: $129 billion
Revenues: $108 billion
Profits: $13 billion
Proved reserves: 5.4 billion barrels of oil equivalent
Country: France
Assets: $205 billion
Revenues: $209 billion
Profits: $15 billion
Proved reserves: 11.4 billion barrels of oil equivalent
Country: USA
Assets: $153 billion
Revenues: $235 billion
Profits: $12 billion
Proved reserves: 8.4 billion barrels of oil equivalent
Country: China
Assets: $301 billion
Revenues: $310 billion
Profits: $21 billion
Proved reserves: 11.1 billion barrels of oil equivalent
Country: Russia
Assets: $106 billion
Revenues: $90 billion
Profits: $12 billion
Proved reserves: 22.8 billion barrels of oil equivalent
Country: Russia
Assets: $91 billion
Revenues: $134 billion
Profits: $10 billion
Proved reserves: 17.3 billion barrels of oil equivalent
Country: China
Assets: $60 billion
Revenues: $180 billion
Profits: $394 billion
Proved reserves: 4 billion barrels of oil equivalent
Country: China
Assets: $60 billion
Revenues: $38 billion
Profits: $11 billion
Proved reserves: 3.19 billion barrels of oil equivalent
Country: Colombia
Assets: $52 billion
Revenues: $37 billion
Profits: $9 billion
Proved reserves: 2 billion barrels of oil equivalent
N.B. TNK-BO was purchased by Rosneft in 2013
Country: Russia
Assets: $35 billion
Revenues: $53 billion
Profits: $1 billion
Proved reserves: 9 billion barrels of oil equivalent
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