World's Largest Oil and Gas Companies 2023: Are There Any from Indonesia?

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Cindy Mutia Annur 14/08/2023 18:20 WIB

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According to Companies Market Cap data, Saudi Aramco was the world's largest oil and gas company by market capitalization as of August 14, 2023.

Top 10 Oil and Gas Companies by Market Capitalization (August 14, 2023)

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Top 10 Oil and Gas Companies by Market Capitalization (August 14, 2023)

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The oil and gas (migas) industry plays a vital role in a country, both in fulfilling domestic energy and industrial raw material needs and in generating state revenue.

So, who are the largest oil and gas companies in the world today?

According to Companies Market Cap data, Saudi Aramco is the world's largest oil and gas company by market capitalization. This Saudi Arabian company has a market capitalization of US$2.21 trillion as of August 14, 2023.

Saudi Aramco's large market capitalization is due to its ownership of the world's largest oil field, Ghawar. According to the news site Stacker, Ghawar has oil reserves totaling 96 billion barrels, encompassing past and future production.

ExxonMobil ranks second among the world's largest oil and gas companies by market capitalization, with a market cap of US$452.12 billion.

Also from the US, Chevron ranks third with a market capitalization of US$306.87 billion. The British oil and gas company, Shell, is next with a market capitalization of US$209.38 billion.

PetroChina follows with a market capitalization of US$192.35 billion, followed by TotalEnergies at US$151.68 billion.

Unfortunately, no Indonesian oil and gas companies are included in this list.

Here are the top 10 oil and gas companies by market capitalization:

1. Saudi Aramco (Saudi Arabia): US$2.21 trillion
2. ExxonMobil (United States): US$452.12 billion
3. Chevron (United States): US$306.87 billion
4. Shell (United Kingdom): US$209.38 billion
5. PetroChina (China): US$192.35 billion
6. TotalEnergies (France): US$151.68 billion
7. ConocoPhillips (United States): US$142.55 billion
8. BP (United Kingdom): US$107.13 billion
9. TAQA (United Arab Emirates): US$101.03 billion
10. Equinor (Norway): US$98.75 billion

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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World's Largest Oil and Gas Companies 2023: Are There Any from Indonesia?

World's Largest Oil and Gas Companies 2023: Are There Any from Indonesia?

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World's Largest Oil and Gas Companies 2023: Are There Any from Indonesia?

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