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The Top 10 Oil Companies in the World: 2022
Our annual list of biggest oil companies in the world ranked by revenue.

Data below provided by : Oil and Gas IQ

(1) Sinopec (Chinese Petroleum and Chemicals Corporation)
2021 Revenue:  $405.4 Billion (2.74 trillion Yuan)
2021 Net Profit: $10.54 Billion (71.21 billion Yuan) 
(2) PetroChina
2021 Revenue: $386.86 USD Billion (2.6 trillion Yuan)
2021 Net Income:  $13.61 Billion US (92 billion Yuan)
(3) Saudi Aramco
2021 Revenue: $359.18bn
2021 Net Income: $110 bn
(4) ExxonMobil
2021 Revenue: $285.640 billion
2021 Net Income: $23.040 billion
(5) Shell 
2021 Revenue: $272.657 billion
2021 Net Income: $20.638 billion
(6) TotalEnergies
2021 Revenue: $184.634 billion
2021 Net Income: $18.06 billion
(7) BP
2021 Revenue: $157.74 billion
2021 Net Income: $7.57 billion
Ownership: Public
(8) Chevron Corporation
2021 Revenue: $155.60 billion
2021 Net Income: $15.6 billion
(9) Marathon Petroleum
2021 Revenue: $120.93 billion
2021 Net Income: $9.738 billion
(10) Valero Energy Corporation
2021 Revenue: $113.98 billion
2021 Net Income: $930 million

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Summary: Oil and Nation places petroleum at the center of Bolivia’s contentious twentieth-century history. Bolivia’s oil, Cote argues, instigated the largest war in Latin America in the 1900s, provoked the first nationalization of a major foreign company by a Latin American state, and shaped both the course and the consequences of Bolivia’s transformative National Revolution of 1952. Oil and natural gas continue to steer the country under the government of Evo Morales, who renationalized hydrocarbons in 2006 and has used revenues from the sector to reduce poverty and increase infrastructure development in South America’s poorest country.

The book advances chronologically from Bolivia’s earliest petroleum pioneers in the nineteenth century until the present, inserting oil into historic…
Source: Publisher

Summary: This book argues that the main reason why oil-rich countries are prone to war is because of the character of their society and economy. Sectarian groups compete for access to oil resources and finance their military adventures through smuggling oil, kidnapping oil executives, or blowing up pipelines. Outside intervention only makes things worse. The use of conventional military force as in Iraq can bring neither stability nor security of supply. This book examines the relationship between oil and war in six different regions: Angola, Azerbaijan, Colombia, Indonesia, Nigeria and Russia. Each country has substantial oil reserves, and has a long history of conflict. The contributors assess what part oil plays in causing, aggravating or mitigating war in each region and how this relation has altered with the changing nature of war. It offers a novel conceptual approach bringing together Kaldor’s work on ‘new wars’ and Karl’s work on the petro-state.