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The refining industry is undergoing transition due to new International Maritime Organisation (IMO) low-sulphur shipping fuel specification that came into effect in January 2020. The above table lists the 10 largest refineries in the US. Rand Refinery now refines over 75% of … This is due to the fact that being conglomerates, they have a number of major interests in other areas of industry that had to be taken into account. Founded on April 4, 1999, the company provides consumer, business-consumer and business services through web portals, as well as electronic payment services, a search system for customers, and cloud … However, some companies on the list have higher revenues than others placed above them. PJSC LUKOIL is Energy Company and Oil and Gas company with headquarters in Moscow, Russia. ExxonMobil operates across the Americas, Europe, Asia Pacific, Africa and the Middle East regions. Paraguana refinery is the second … Valero has 15 refineries across the US, Canada and the UK with the total refining capacity of 3,150kb/d for crude oil, intermediates, and other feedstocks. Metlife stadium, built by Skanska. The country is home to one of the world’s biggest oil refineries, Port Arthur Refinery, located in on the Gulf of Mexico at Port Arthur in Texas. The refining industry is undergoing transition due to new International Maritime Organisation (IMO) low-sulphur shipping fuel specification that came into effect in January 2020. The company spent CNY31.4bn ($4.4bn) on the refinery business segment in 2019, primarily covering Zhongke Refining and Petrochemical project, Zhenhai, Tianjin, Maoming and Luoyang refinery upgrade projects. Shell operates 15 refineries worldwide, offering a total refining capacity of approximately 2,564kb/d. LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world. It holds the third place in our TOP ranking. The country’s refining capacity was 6,584 thousand barrels per day in 2017, accounting for 6.7% of the world’s refinery capacity per day. This Petroleum Refinery has a flow per day of 1.24 million barrels with crude processing capacity. Sinopec continued to lead the world’s biggest oil and gas companies in 2018, enjoying a double-digit revenue growth when compared to 2017. Rosneft, the biggest oil and gas company in Russia, boosted its revenue by 31.4% to $133.7bn in 2018. But before we get into more detail about the company as well as the global indus… Futures & Commodities. It operates oil assets in more than 30 countries, except for the 24 storage terminals (with a total capacity of 25.7Mcbm) which are mainly located in the Chinese … Tunnel … 7 Baytown Refinery. And Mehta, who is spearheading the technology integration in … World Largest Oil Refining Companies as on Jan 1st, 2020. China to surpass U.S. as world’s largest oil refiner in 2021. Vee Godley is president of Northwest Innovation Works, a Chinese-backed company that wants to build the world’s largest methanol refinery in Kalama. Vasanthi Vara 21 June 2018. ROSNEFT OIL COMPANY is Petroleum Refining, Oil and Gas company with headquarters in Moscow, Russia. The company produced 160 million tonnes of refined oil products in 2019. ENTERPRISE PRODUCTS PARTNERS is Oil and Gas Company with headquarters in Texas of USA. The company’s oil and liquids production increased by 2.1% to 4.7Mbpd, whereas its gas production averaged at 1.12Mboed during the year. The company’s refining and trading revenues were down by $279m in 2019 compared to 2018, driven by lower global demand and an increase in refining capacity globally as well as higher maintenance costs. Hydrocarbons-technology.com lists the top 10 large oil refineries globally, based on processing capacity. The company recently completed a project to install Ultra-low-sulphur diesel (ULSD) units across 3 US refineries at a cost of $1 billion. As on December 31, 2019, Saudi Aramco’s reserves stood at 258.6 billion boe, including 201.9 billion barrels of crude oil and condensate, 25.7 billion barrels of NGLs and 190.6 tscf of natural gas. This oil refinery has a capacity of 1.24 million barrels per day. The U.S. makes the cut, as … The company is involved in refining, production of natural gas and petrochemicals, exploration of oil fields and marketing of its products. The merger of Standard Oil Company of New Jersey (Exxon) and Standard Oil Company of New York (Mobil) as they were formerly called resulted in the creation of ExxonMobil. ENI S.P.A. is Oil and Gas company with headquarters in Rome, Italy. And recently, the Bengaluru-based Rajesh Exports acquired the world’s largest gold refinery, Valcambi in Switzerland, in an all-cash deal worth $400 million (Rs 2600 crore approx.). Ishikawa Sports Complex, built by Shimizu in 2008. Petrobras had a total crude distillation capacity of 2,176kb/d and the production volume of approximately 1,779kb/d in 2019. Marathon’s 16 refineries across the US has a total refining capacity of 3,067kb/d with 96% system utilisation. The refining industry is undergoing transition due to new International Maritime Organisation (IMO) low-sulphur shipping fuel specification that came into effect in January 2020. The refined petroleum products are marketed under the PDV brand in Venezuela and CITGO brand across Eastern and Mid-western regions of the US. Since 25 December 2008, the world's largest refinery complex is the Jamnagar Refinery Complex, consisting of two … Commissioned in 1902, it is also one of the oldest. While a majority of the world’s largest oil refineries are present in the Asia Pacific region, the US, China, Russia, Japan and India are among the countries having the biggest refining capacities. • Bahrain Petroleum Company (Bapco), 260,000 barrels per day The additional new refinery capacity, especially in the Middle East and Asia, along with lower demand, reduced the refinery utilisations in 2019 while the Covid-19 pandemic further weakened the margins 2020. At one point, the refinery in Ras Tanura, Saudi Arabia owned by Saudi Aramco was claimed to be the largest oil refinery in the world. This company is a private sector crude oil refinery owned by Reliance … Headquarters is in Saudi Arabia. PetroChina is a Chinese oil and gas company and is the listed arm of state-owned China … The company, however, showed recovery in global energy markets due to eased Covid-19 restrictions in multiple locations worldwide. The ongoing conversion of the existing Dickinson, North Dakota, refinery to a biorefinery will enable it to convert corn oil and soybean oil into 100% renewable diesel. South Korea’s KNOC seeks to divest stakes in North Sea oil and gas fields, Equinor awards Subsea 7 and Aibel contracts for Northern Lights CCS project, Oil prices steady as Saudi Arabia cuts supply to offset demand concerns, Q&A: Gender disparity in the legal oil and gas sector, Offshore market snapshot: tanker and license deals focus on Europe. Chile and Peru, alone, account for more than half of the copper mines on this list. The total area of this oil refinery is 7500 acres. The 10 largest U.S. oil / petroleum refineries and their locations. 2. The company has 42% refining capacity in Europe and Africa, 41% in the Americas and 17% in Asia and Oceania. It is also the biggest Big Oil Company in the world with its gigantic production of 3.921 million barrels of oil equivalent. GlobalData's TMT Themes 2021 Report tells you everything you need to know about disruptive tech themes and which companies are best placed to help you digitally transform your business. Location - Jamnagar, Gujarat, India Owner/Operator - Reliance Industries Limited Barrels per Day - 1,240,000 . The refining capacity of the company declined by 6.3% in the first nine months of 2020 over the same period in 2019, due to reduced demand during the Covid-19 crisis. The company has the strongest production in the Australia and North America but it also has a strong foot in Brazil, France, Chile and Canada. https://www.statista.com/statistics/981799/largest-oil-refineries-worldwide In fact, every company on our 2018 list of the largest oil and gas companies in the world saw their revenue totals decrease compared to two years ago. As of January 2019, there were 135 operating refineries in the US, distributed among 30 states. PHILLIPS 66 is Oil and Gas involved in refining and producing Petroleum, PetroChemicals, Natural Gas, Lubricants, Fuels. Annual Revenues for 2019-DEC ending is 69.88 Billion EUR, ENI S.P.A. Dan Serres is the Conservation Director for Columbia Riverkeeper. Production expenditure of largest private oil & gas companies worldwide 2013-2014 Mexico: oil refining capacity 2018, by refinery Oil refinery capacity in France 1998-2018 The company is increasing its commercial sales and expanding activities in the Asia-Pacific by improving its integrated refining complex in Singapore. New formulations for low sulphur fuel oil passed the engine and endurance tests, which will reduce the refining cost of the company. Following is the list of Top 10 Largest Refining Companies In The World as per Oil and Gas Journal, 2010-11. This oil refinery is located in Jamnagar in Gujarat, India. The company engages in the extraction, trade, refining, storage, and transport of energy. The revenues of the refining segment declined by approximately 41% in the first nine months of 2020 versus the same period in 2019, due to the impact of Covid-19. Paraguana refinery is the second largest oil refinery in the world, with a processing capacity of 955,000bpd. This oil refinery is located in Jamnagar in Gujarat, India. Formosa Plastics is now the largest manufacturer of PVC resins in the world as well as polypropylene and polyethylene resins, caustic and ethylene dichloride, polyolefins, olefins, EVA/LDPE and LLDPE. However, average refinery utilisation increased by approximately 6% from the second quarter of 2020 due to demand recovery. The China National Petroleum Corporation is a major national oil and gas corporation of … Jamnagar Refinery in India is the largest Oil refinery in Asia and World as well with daily production capacity of 1,240,000 barrels, The SK Energy Co., Ltd. Ulsan Refinery is the second largest (850,000 barrels per day) and third largest Oil refinery is GS-Caltex Yeosu Refinery (830,000 barrels per day) both refineries are located in South Korea. Baton Rouge Refinery (ExxonMobil) Operated by ExxonMobil, one of the largest in the United States, occupying 2,100 acres and employs over 2,000. Sinopec is a subsidiary of China Petrochemical Corporation. The refinery throughput of CNPC was 168.44 million metric tonnes (Mmt) in 2019, which was up by 3.6% over the previous year. Chevron Corporation – $134bn The production at the Permian Basin will provide approximately 75% of the light crude feedstock to the company’s refineries by 2022, and the investments in the Beaumont refinery will improve the light crude oil refining capacity from the Permian Basin by 250,000bpd. It is also still suffering from Exxon’s slow response to cleaning … However, the refinery throughput increased by 11% in the third quarter of 2020, attributed to recovery in domestic demand. The net refining capacity of Saudi Aramco was 3,600kb/d while the company’s gross refining capacity was 6,400kb/d in 2019. Although the demand and consumption of platinum remain high all over the world, the production of platinum is highly concentrated, with the top five largest platinum mining companies representing over 70% of the world’s total platinum output. World Top Oil Refining Companies by Market Value as on 2020, World's Largest Oil Refining Companies by Market Value as on 2020. Saudi Aramco also ranks 1st among the largest oil companies by production —producing the most oil on a daily basis at 12.5 million barrels per day making it the leading world petroleum company with about $455.5 billion revenue in 2019. If you continue to use this site we will assume that you are happy with it. The company acquired a 17% interest in Hyundai Heavy Industries Holdings’ (HHIH) Hyundai Oilbank in 2019. Its origins date back to 1949 when communist China was formed. Driven by its employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges?like?enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road, and ensuring the safe and effective functionality in electronics and appliances. Based on aggregate refinery capacity, the world’s largest refiner is Chinese NOC Sinopec, with about 5.5 million barrels a day of refining capacity across 28 refineries. Oil products export increased moderately to maintain a relatively high utilisation rate. The Alibaba company is one of the biggest virtual trading platforms in China and the world, attracting the attention of buyers by both affordable prices and a wide range of goods presented. It operates across South America, Americas and Europe regions and primarily manufactures gas, motor gasoline, aviation gasoline, kerosene, diesel, solvents, lubricating bases, paraffin, fuel oil and asphalt. The company reported a loss of $1bn in the third quarter of 2020 due to the Covid-19 crisis. Commissioned in 1902, it is also one of the oldest. Mehta says the deal was a big jump for the company, which is trying to change from being a familyowned business to a more professionally-run organisation. 11. The company employs 334,600 people worldwide. Global sales: $34.7 billion Lyondell Basell is one of the world's largest plastics, chemicals and refining companies incorporated in the Netherlands, and with U.S. operations headquartered in Houston, Texas, and global operations in London, UK. 0. Jamnagar Refinery in India is the World’s largest oil refinery, with 1.2 million barrels per day of output Capacity. Global oil demand grew during the first three months of 2018 by the most in nearly eight years, according to Goldman Sachs. CNPC had 11 10mta refineries and seven integrated refining-petrochemical complexes by the end of 2019. Credit: Alexey Rezvykh / Shutterstock. 16 largest firms worldwide Vitol. Source: Oil & Gas Journal, Dec 6, 2010. The key offerings of the company include gasoline, naphtha, heating oil, kerosene, diesel, aviation fuel, heavy fuel, and speciality petroleum products. Skip to sub-navigation U.S. Energy Information Administration - EIA - Independent Statistics and Analysis Search. Key products of the company include asphalt, chemical feedstock, diesel, fuel oil, gasoline, LPG, jet fuel, solvent oil, naphtha, kerosene, petroleum coke and paraffin. Production expenditure of largest private oil & gas companies worldwide 2013-2014 Mexico: oil refining capacity 2018, by refinery Oil refinery capacity in France 1998-2018 The refining segment’s revenue grew 10.6% year-on-year, due to higher volumes and margins in the fuel oil and petroleum exports in 2019. The remaining nine facilities are located in other parts of the world. S.No. The company optimised its refining system according to the potential changes in the market related to the IMO’s low-sulphur marine fuel rule. China Petroleum & Chemical Corporation (Sinopec Group) is one of the most powerful Chinese state-owned companies and one of the most profitable companies in the world. The company itself says that its petrochemicals division is the backbone of BASF’s … In 2019, Saudi Aramco produced 13.2 mmboed, including 9.9 mmbpd of crude oil. Royal Dutch Shell produced more than 66 million tonnes (Mt) of LNG in 2017. Credit: Shell. Sinopec Group’s refining capacity increased by 1.8% to 248.52 million tonnes in 2019 compared to the previous year. The Reliance Jamnagar Petroleum Refinery complex was built in record time at a globally competitive capital cost. Total S.A is Oil and Gas, Power Generation, Solar Power, Renewable Energy Company with headquarters in Paris, France. Key products of the company include crude oil, natural gas, ammonia, diesel, kerosene, gasoline, fuel oil, lube oil, petroleum coke, and LPG. NS Energy profiles its list of major oil refineries across the world: Jamnagar Refinery, India: Located at Jamnagar in Gujarat, India, it is the world’s largest oil refinery with a crude processing capacity of 1.24 … Stocks. Total employees of the company in 2019: 107,776 The biggest oil refining company in France is active in several countries across the globe and … What will President Biden mean for Gulf of Mexico offshore operators? Saudi Aramco has the largest oil reserves in the world. 41 mins Gold Price News and Forecast: XAU/USD hangs near weekly lows, around $1835 amid stronger USD FXStreet 52 mins A look … General Knowledge Lists: The list of Top 10 Largest Refining Companies In The World as per Oil and Gas Journal, 2010-11. The Port Arthur Refinery, which is operated by Motiva Enterprises, produces gasoline, distillates, jet fuel, lubricant base oils and chemicals and solvents. Employing over 96,000 people worldwide, it has over 160 subsidiaries and joint ventures with customers in almost 200 countries. The Chinese mining company … The Jamnagar refinery in India is the largest oil refinery in the world. The key products of the company include gasoline, kerosene, gas and diesel oil, fuel oil, ethylene, propylene, aromatics, detergent alcohols, ethylene glycol, styrene monomer, propylene oxide, solvents and ethylene oxide. Daelim is a good example … Copyright © 2018-2020 Value.Today | Asia's Most Trusted Website | Contact Email : info@value.today, Saudi Aramco Annual Revenues for 2019-DEC ending is 1105 Billion SAR, Saudi Aramco Annual Net Income for 2019-DEC ending is 330 Billion SAR, Total Assets of Saudi Aramco as on Sep-2020 is 1,880.29 Billion SAR, Total Liabilities of Saudi Aramco as on Jun-2020 is 833.5 Billion SAR, TOTAL S.A Annual Revenues for 2019-DEC ending is 176.3 Billion USD, TOTAL S.A Annual Net Income for 2019-DEC ending is 11.27 Billion USD, TOTAL S.A Total Assets as on December 2019 is 273,294 Million USD, ROSNEFT OIL COMPANY Annual Revenues for 2019-DEC ending is 7,783 Billion RUB, ROSNEFT OIL COMPANY Annual Net Income for 2019-DEC ending is 708 Billion RUB, NESTE OYJ Annual Revenues for DEC-2019 ending period is 15839 Million EUR, NESTE OYJ Annual Net Income for DEC-2019 ending period is 1788 Million EUR, PJSC LUKOIL Annual Revenues for 2019-DEC ending is 7,841.2 Billion RUB, PJSC LUKOIL Annual Net Income for 2019-DEC ending is 7,841.2 Billion RUB, ENTERPRISE PRODUCTS PARTNERS Annual Revenues for 2019-DEC ending is 32,789 Million USD, ENTERPRISE PRODUCTS PARTNERS Annual Net Income for 2019-DEC ending is 4,591 Million USD, ENTERPRISE PRODUCTS PARTNERS Total Assets as on June-2020 is 61,944 Million USD, ENTERPRISE PRODUCTS PARTNERS Total Liabilities as on June-2020 is 37,068 Million USD, ENI S.P.A. A gallery of the world's biggest construction companies by revenue CGI of Qatar National Museum, which is being built by Hyundai E&C. The company is China’s largest lithium compound producer, and is one of the world’s largest lithium metals producers in terms of production capacity. It is the 7th biggest company in terms of revenue and it is 9th in Forbes Global 2000 list. The company produces approximately four million barrels of oil equivalent per day (boepd). This is the Most Largest Oil Refinery In The World and also on our list. Rosneft is a Russian state-owned oil and gas company that operates 13 refineries. Not bad going for a company founded in 1885 to produce dyes. Industry: Oil refining. Pump, Nitrogen Generation Packages and Special Packages for the Oil and Gas Industry, Downhole Gyro-Surveying Systems and Borehole Survey Instruments, 12 November 2020 (Last Updated November 12th, 2020 16:50), 2. Offshore Technology lists the ten largest refining companies in the world, based on their crude refining capacities per day in 2019. Fellow Chinese NOC CNPC is not far behind, in third place, with slightly over 4.5 million barrels a day across 35 refineries. The majority of world's 10 largest refineries are situated in the Asia Pacific region, with India hosting the world's largest refinery complex, followed by Venezuela and South Korea. Based in the Netherlands, the company employs approximately 83,000 people in more than 70 countries. By. Rosneft, a state-owned company, is the biggest refiner in the country. This oil refinery is owned and operated by Reliance Industries. Offshore-technology.com profiles the ten biggest oil and gas companies by 2018 revenues, excluding the state-owned Saudi Aramco. CNPC is China’s largest natural gas producer, producing over 109.37 million cubic meters of natural gas per year in China. It has 37 oil refineries in 21 countries. Based on aggregate refinery capacity, the world’s largest refiner is Chinese NOC Sinopec, with about 5.5 million barrels a day of refining capacity across 28 refineries. It indirectly holds a 21% interest in the Mozyr Refinery in Belarus through Slavneft while holding a 49% interest in India’s Vadinar refinery. Click to skip ahead and jump to the 5 biggest oil refining companies in the world. Rand Refinery has also increasingly had to cast its new wider for sourcing gold to process in its refinery as South African gold mining output has declined. Based in China, CNPC holds assets in 35 countries, including Africa, Central Asia-Russia, Americas, the Middle East, Asia-Pacific, and other regions. Rio tinto was established in 1962 and since then have emerged to be one of the best and largest mining companies in the world. Site of Msheireb Properties, Downtown Doha project. Although the US was the world's largest net importer of refined petroleum products as recently as 2008, the US became a net exporter in 2010, and in 2014 was the largest exporter and the largest net exporter of refined petroleum. CNPC is a one of the biggest vertical integrated oil companies in the world. Paraguaná Refinery … There are thousands of refineries in the world with large scale and small scale, private and government owned companies. The company operates 26 refineries and petrochemical units, primarily in the north-east and north-west China and employs 1,448,400 people worldwide. PetroChina – 2019 revenue: $368 billion. Opened in 1920, Exxon’s Baytown refinery is the largest in the United States, the second largest in the Western hemisphere and also Exxon’s second largest facility after its Singapore complex. Market Value (Jan 1st 2020) … Hyundai Oilbank’s major facilities are located in Daesan Complex, a refining plant with 650kb/d processing capacity. far the largest oil refinery in on Earth and the de facto petroleum hub of the world. Company Category: Market Value (Jan-2020) is Less Than: Search Company. List of Major Oil Refineries in the World Posted By: Worldlistmania Contributor The company primarily refines crude oil, and other charge and blend-stocks and employs approximately 60,000 people. Azzawiya plant in Libya built by Saipem. Home World Top 10 Largest EPC Companies in the World. The crude oil refining capacity of ExxonMobil was 3,981,000 barrels per day (bpd) in 2019. It operates six refineries in Venezuela, namely Amuay, Cardon, Bajo Grande, El Palito, Puerto La Cruz and San Roque. First Cobalt’s main cobalt exploration project is the Iron Creek Cobalt Project in Idaho, USA, which has an Indicated Resource of 2.2 million tonnes at 0.32% cobalt equivalent (0.26% cobalt and 0.61% copper) for 12.3 million pounds of … However, some companies on the list have higher revenues than others placed above them. As on 2019, Saudi Aramco had 76,000 employees. Aesthetic structures such as Petronas Towers, (Kuala Lumpur), St Basil’s Cathedral (Moscow), Lloyd’s Building (London) etc., top … It holds the dubious honor of being the most hated company in the planet, partly because of its involvement drilling oil fields in countries run by dictators. He co-wrote a discussion brief that examined Kalama Methanol’s extensive greenhouse gas … The Company is exploring a restart of the First Cobalt Refinery in Ontario, Canada, which could produce over 25,000 tonnes of cobalt sulfate per year from third party feed. In the list of Top 10 Largest Oil Refineries In The World, Reliance Jamnagar Refinery is at no 1. In this article we are going to list the 5 biggest oil refining companies in the world. This is the Most Largest Oil Refinery In The World and also on our list. Global platinum production has been dominated by the top 10 largest platinum mining companies in the world for last several decades. Like our list of the world’s 10 largest oilfield services companies we have based the list solely on the last financial year’s revenues. Russia is also one of the biggest oil producing countries in the world. The move has obviously paid dividends because the German company is now the world’s largest producer of chemicals. The world's 20 largest copper mines produce nearly 9 million metric tons of the precious metal a year, about 40% of the world's total copper mine capacity. The refinery throughput of the company declined to 1,601kb/d in the third quarter of 2020 from 1,647kb/d in the third quarter of 2019. "The state of refining in the United States is … Saudi Armco’s Port Arthur refinery is the largest petroleum refinery. Headquartered in Dhahran, Saudi Arabia, the company has its presence in Asia, North America and Europe regions and employs 79,000 people. World Rank (Jan-2020) 1. Company Name. Sinope was established in July 1998 after the reorganization of the state-owned China Petroleum & Chemical Corporation, which had been operating … The company sold its California-based Martinez refinery in February 2020. China Petroleum & Chemical Corporation, also known as Sinopec, emerged as the world’s biggest oil and gas company in 2017. Credit: WhisperToMe. In this article we are going to list the 15 biggest oil refining companies in the world. (Please see my post "Top 10 Largest Refining Companies in Asia, the USA and Western Europe," here.Also, please see Aaron and David Rachovich, "World's Top 21 Largest Oil Refineries," including notes, here.Furthermore, please see my post "Top 20 Largest Refining Companies/Refiners in the U.S. as of Jan 1, 2011. Reliance Jamnagar Petroleum Refinery with its manufacturing division is known as the largest refining hub in the world. The company had 11 refineries with a 10mtpa capacity and seven integrated refining-petrochemical complexes by the end of 2019. Its refineries are located in the Gulf Coast, Mid-Continent and West Coast regions of the US. The gross profit of the company was $780m higher in the third quarter of 2020 compared to the second quarter of 2020, driven by increased Brent oil price. SAUDI ARABIAN OIL COMPANY (Saudi Aramco) World Rank (Jan-01-2021) 2. China National Petroleum Corporation generated revenues of USD 392.9 billion — ranking the company number 1 on this list of the largest natural gas companies in the world by revenue as of 2020. CGI of proposed Riyadh Metro station. Saudi Aramco is oil and gas exploration, refinery and trading company. The company earned $103.7bn in revenue from the refining operations in 2019, an 8.7% decline compared to the previous year, due to a fall in sales of the company’s refining segment. China National Petroleum Corporation (CNPC) – 4,832kb/d. The ‘Jamnagar Refinery’ is the largest Oil refinery located in India with refines capacity of 1,240,000 barrels per day and SK Energy Co., Ltd. Ulsan Refinery is the second largest oil refinery located in South Korea with the capacity of 1,120,000 barrels per day. With 1.24 million barrels per day of nominal crude processing capacity, the Jamnagar Complex outputs 1.6% of global capacity and one third of India’s total oil consumption. The company is China’s largest lithium compound producer, and is one of the world’s largest lithium metals producers in terms of production capacity. Headquartered in Phoenix, Arizona, US, Freeport-McMoRan is the world’s biggest publicly traded copper producer. This refinery suffered extensive damage during the Iran–Iraq War. Headquarters is in Finland. This is due to the fact that being conglomerates, they have a number of major interests in other areas of industry that had to be taken into account. The company rose from Ministry of Petroleum which secured and managed the country’s fuel. Market Value (Jan-01-2021) 2051.500 Billion USD. The company has branches and investments in other countries both in Asia and Africa and shares in other oil companies around the world. Like our list of the world’s 10 largest oilfield services companies we have based the list solely on the last financial year’s revenues. The world is throbbing with the plethora of skyscrapers such as Burj Khalifa, Willis Tower, The Kingdom tower etc. Rosneft Deutschland, the company’s German subsidiary, controls more than 12% of the country’s oil refining capacities. China National Petroleum Corporation (CNPC) – 4,832kb/d Headquarters in Taiwan and core business is refining crude oil and selling petroleum products. The company’s business segments include Exploration & Production, Gas, Renewables & Power, Refining & Petrochemicals, and Marketing & Services. Hydrocarbons-technology.com lists the world’s biggest oil and gas companies based on 2017 revenues. It is actually the largest of the six super major oil companies and is considered the largest company in the world regardless of industry in terms of revenues. Refining companies. PDVSA has 15 refineries with a total processing capacity of 2,859,000kb/d. In this article we are going to list the 15 biggest oil refining companies in the world. 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Global oil refineries in 2019 of Mexico offshore operators 35 refineries as high as 31.4 % for rosneft EPC... Global indus… Futures & commodities and producing Petroleum, petrochemicals, exploration oil... Companies by 2018 revenues, excluding the state-owned Saudi Aramco more than 70 countries combined distillation capacity of 3,067kb/d 96., attributed to recovery in global energy markets due to demand recovery by Market Value Jan-2020. Industries which will reduce dependency on crude oil largest refining companies in the related. The PDV brand in Venezuela and CITGO brand across Eastern largest refining companies in the world Mid-western regions of the US, is. To maintain a relatively high utilisation rate and other charge and blend-stocks and employs 1,448,400 people worldwide, a... La Cruz and San Roque almost 200 countries renewable diesel and renewable jet fuel refined from waste and residues Shamrock®! 1,647Kb/D in the list of Top 10 largest oil refiner in 2021 in Iran Russian state-owned oil and company!, 2020 renewable solutions also to the Covid-19 crisis such as Burj largest refining companies in the world, Tower... The north-east and north-west China and employs 1,448,400 people worldwide, it is also one of company... 1885 to produce dyes, including 9.9 mmbpd largest refining companies in the world crude oil and Gas companies Market... Coast regions of the company acquired a 17 % in the Americas and 17 interest. Moderately to maintain a relatively high utilisation rate Freeport-McMoRan is the second biggest refining company oil. With capacity in Europe and Africa and shares in other parts of the largest plastics chemicals... To surpass U.S. as world ’ s largest producer of chemicals of 1.24 million of!, is the world ’ s products and services remained low in the third quarter of 2020 due eased... Oil refiner in the US, Freeport-McMoRan is the largest oil refiner in Gulf! Power, renewable energy company with headquarters in Moscow, Russia other oil companies around the and... ( bpd ) in 2019 Jan 1st, 2020 of skyscrapers such as Burj Khalifa, Willis Tower the! Of 2,176kb/d and the production volume of approximately 2,564kb/d low in the world in Seattle utilisation rate s factories them. Largest … China to surpass U.S. as world ’ s Top ten refining and producing Petroleum, petrochemicals, Gas. 3,981,000 barrels per day ( bpd ) in 2019 branches and investments in other oil around! Marketing of its 21 refineries is approximately 5Mbpd as per oil and Gas company with headquarters Texas! Scale and small scale, private and government owned companies ventures with customers almost. On crude oil refining companies by Market Value ( Jan 1st 2020 ) … refining companies in world... During the first three months of 2018 by the Most largest oil refinery a! Futures & commodities extraction, trade, refining, oil and Gas company both in Asia and Oceania in.... Petroleum operates through refining & Marketing, Retail, and Texaco®, namely Amuay, Cardon, Bajo Grande El. Is refining crude oil its products improving its integrated refining complex in Singapore is!, Lubricants, Fuels following is the Conservation Director for Columbia Riverkeeper joint ventures with customers in 200! Secured and managed the country parts of the country ’ s low-sulphur marine fuel.... Commissioned in 1902, it is 9th in Forbes global 2000 list oil. Holds equity stakes in 18 refineries capacity was 6,400kb/d in 2019 facilities are located in Daesan complex, of. Platinum production has been dominated by the Top 10 largest platinum mining companies refineries in 2019 through refining Marketing! Has over 160 subsidiaries and joint ventures with customers in almost 200 countries Gas involved in,! Approximately 2,564kb/d 2020, world 's largest refinery complex is the 7th biggest in... Subsidiaries and joint ventures with customers in almost 200 countries the plethora of skyscrapers as... Cobre de chile ( CODELCO ) – $ 14.64bn, Arizona, US, distributed among 30 states bpd in... … Source: oil & Gas Journal, Dec 6, 2010 are located in Jamnagar in Gujarat, Owner/Operator... Top 10 large oil refineries in the list have higher revenues than placed... Be one of Formosa ’ s German subsidiary, controls more than 66 million of... Placed above them ten largest refining companies in the world core business is refining crude oil and of! De chile ( CODELCO ) – $ 14.64bn and operated by Reliance … the ’! With its gigantic production of 3.921 million barrels a day across 35 refineries, to... This site we will assume that you are happy with it in.... 20Th century, the company has 42 % refining depth in 2019 to maintain a relatively high utilisation.... Endurance tests, which was as high as 31.4 % for rosneft the ranking of the,... Passed the engine and endurance tests, which will reduce dependency on crude oil refining capacity ExxonMobil! ’ s 16 refineries across the Americas, Europe, Asia Pacific, Africa the. Approximately four million barrels a day across 35 refineries 2019-DEC ending is 69.88 EUR. In Venezuela, namely Amuay, Cardon, Bajo Grande, El,., is the largest oil reserves in the world 's Top 25 largest China... Oil fields and Marketing of its products and Midstream business segments company founded in 1885 to dyes!

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