Top Oil and Gas Companies by Annual Revenue 2025

About This Dataset

Oil and gas companies ranked by total annual revenue in billions of USD in 2025, according to company earnings reports and Fortune Global 500 data. Chinese state-owned energy giants PetroChina and Sinopec rank among the highest-revenue companies in the global oil industry — reflecting China's enormous domestic fuel consumption market and the scale of refining and distribution infrastructure required to supply 1.4 billion people, rather than the upstream exploration prowess that drives revenue for Saudi Aramco and the Western majors. Saudi Aramco's revenue, driven by the world's lowest-cost oil production at under $3 per barrel lifting cost, translates into profit margins that no other energy company can approach, generating net income that frequently exceeds the combined profits of ExxonMobil, Shell, and BP.

✨ AI Insight

The revenue figures highlight a clear divide between the leading companies and their Western counterparts. PetroChina and Sinopec's revenues, at $480 billion and $430 billion respectively, underscore the scale of China's energy demands. Saudi Aramco's $420 billion revenue, while impressive, illustrates the competitive pressure from these state-owned giants. Notably, ExxonMobil, with $398 billion, is the highest-ranked Western company, yet it still falls short of the top three. The trend suggests that China's energy market will continue to grow, potentially outpacing Western firms unless they adapt to shifting global energy dynamics and invest in new technologies.

Source: Wikipedia

Key Findings

Auto-computed highlights from this dataset

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PetroChina leads with 480 in 2025.

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Average value in 2025: 339 · median: 347.

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Gap in 2025: PetroChina is 2.2× larger than Chevron.