Meet the giants of the global oil industry and learn how to invest in this lucrative market

The world's global oil industry is ever-changing, driven by the ever-increasing need for energy around the world. With the International Energy Agency (IEA) anticipating demand daily production of 1,24 million barrels of oil in 2024, the oil and gas sector remains one of the more profitable and impactful globally.

Let's analyze the main and largest oil companies in the world this year and the investment opportunities that they offer, according to the Engenharia 360 website.

LARGEST OIL COMPANIES IN THE WORLD

1. Saudi Aramco – Leader of the world of oil with US$ 2,02 trillion market capitalization

Saudi Aramco is the undisputed global leader in the energy sector, with an impressive market capitalization of $2,02 trillion. Specializing in oil exploration, production and refining, the Saudi state-owned company plays a key role in the global energy market.

2. China Petroleum & Chemical Corp (Sinopec) – US$495 billion

Sinopec is one of the largest companies in China, with an impressive market value of US $ 495 billion. With one global presence, The company operates in several areas, including exploration, refining and chemicals, playing a crucial role in the energy and chemical market.

3. Exxon Mobil – US$455 billion

Texas-based ExxonMobil is an energy giant with an impressive market value of around US $ 455 billion. The company is recognized worldwide for its diversified activities, which ranges from oil exploration and production to the development of alternative energies.

4. Chevron Corp – US$290 billion

Chevron, a company based in the United States, is a giant in the energy sector, with a significant market value of around US $ 290 billion. Listed on the NYSE under the symbol CVX, Chevron is also present on other stock exchanges, offering investment opportunities to people around the world.

5. Shell PLC – $216 billion

Shell, a company based in London, is an energy giant and one of the largest oil companies in the world with a market value valued at around US $ 216 billion. Listed on the LSE (London Stock Exchange), Euronext Amsterdam and the NYSE (New York Stock Exchange) through BDRs (Brazilian Depositary Receipts) under the code RDSA34, Shell is recognized as a global leader in oil and gas refining and exploration Natural.

6. PetroChina – US$ 212 billion

PetroChina, a subsidiary of China National Petroleum Corporation (CNPC), is one of the world's leading energy companies, with a significant market value of around $212 billion. The company is recognized for its diversified activities, which ranges from oil exploration and production to the refining and distribution of derivative products.

7. TotalEnergies – US$165 billion

TotalEnergies, headquartered in Paris, is one of the leading companies in the energy sector, with a market value approximately US $ 165 billion. The company is listed on several stock exchanges, including Euronext Paris and the NYSE, under the symbol TTEF, providing investors with a broad opportunity to access its shares.

8. BP PLC – $106 billion

BP, a British company, is one of the global leaders in the energy sector, with a market value of approximately US $ 106 billion. The company is listed on several stock exchanges, offering investors the opportunity to trade its shares on international markets.

9. Petrobras – US$96 billion

Petrobras, Brazilian company, is one of the main companies in the energy sector, with a market value of approximately US $ 96 billion. The company is listed on several stock exchanges, including B3, the Brazilian stock exchange, where its shares are traded under the symbols PETR3 and PETR4.

10. Marathon Petroleum Corp (MPC) and Valero Energy Corp (VLO)

In addition to the nine giants listed, also we highlight Marathon Petroleum Corp (MPC) and Valero Energy Corp (VLO), which play important roles in the global oil market.

AND IN BRAZIL, DO YOU KNOW THE BIGGEST OPERATING OIL COMPANIES?

According to the website Meusdividendos.com, the list would look like this:

• PETROBRAS                    
• OVERVIEW
• ENAUTA
• PETRORIO
• COSAN
• OGX PETROLEO
• 3R PETROLEUM

According to the econodata website, these are the largest oil companies in Brazil by revenue:

• SHELL BRASIL PETROLEO LTDA
• PETRO RIO JAGUAR PETROLEO SA
• IPIRANGA PRODUTOS DE PETROLEO SA
• SINOCHEM BRAZIL
• CONSTELLATION PETROLEO SERVICES SA
• MODEC SERVICOS DE PETROLEO DO BRASIL LTDA
• PETRO RIO OG EXPLORACAO E PRODUCAO DE PETROLEO LTDA
• IBV BRASIL PETROLEO LIMITADA
• PERENCO PETROLEO E GAS DO BRASIL LTDA
• PETRONAS PETROLEO BRASIL LTDA
• CNODC BRASIL PETROLEO E GAS LTDA
• KAROON PETROLEO GAS LTDA
• 09.347.916/0001-97
• KAROON PETROLEO GAS LTDA
• ANADARKO EXPLORACAO E PRODUCAO DE PETROLEO E GAS NATURAL LTDA
• ENI DO BRASIL INVESTIMENTOS EM EXPLORACAO E PRODUCAO DE PETROLEO LTDA
• TOTALENERGIES PETROLEO GAS BRASIL LTDA
• PETROLEO SABBA SA
• VENTURA PETROLEO SA
• SCHLUMBERGER SERVICOS DE PETROLEO LTDA
• SAIPEM DO BRASIL SERVICOS DE PETROLEO LTDA