General

Which company has best oil?

Standard

Which company has best oil?

Top 10 highest-earning oil and gas companies in 2021

  1. Sinopec, also known as China Petroleum and Chemical Corp – $323bn in 2020.
  2. PetroChina, part of CNPC – $296bn in 2020.
  3. Saudi Aramco – $230bn in 2020.
  4. Royal Dutch Shell – $181bn in 2020.
  5. BP – $180bn in 2020.
  6. ExxonMobil – $179bn in 2020.

Which is biggest oil company in India?

Maharatna ONGC
Maharatna ONGC is the largest crude oil and natural gas Company in India, contributing around 71 per cent to Indian domestic production.

Who was the number 1 producer of oil in 2020?

The United States
The United States produced the most oil in the world in 2020, at around 16 million barrels of oil per day on average. Saudi Arabia and Russia followed as the second and third largest producers, and also rank as the top two countries with highest oil exports.

Which oil company is best in India?

Top 10 Oil and Gas Companies in India

  1. Indian Oil Corporation Limited. Indian Oil Corporation Limited is the leader of the oil and gas industry in the Indian market.
  2. Oil and Natural Gas Corporation (ONGC)
  3. Bharat Petroleum.
  4. Gas Authority of India (GAIL)
  5. Reliance Petroleum Ltd.
  6. Hindustan Petroleum.
  7. Oil India.
  8. Cairn India.

Who is the owner of Indian Oil?

Government of India
Ministry of Petroleum and Natural Gas
Indian Oil Corporation/Parent organizations

Who sells the most oil?

Below are the 15 countries that exported the highest dollar value worth of crude oil during 2020.

  • Saudi Arabia: US$113.7 billion (17.2% of exported crude oil)
  • Russia: $72.6 billion (11%)
  • Iraq: $50.8 billion (7.7%)
  • United States: $50.3 billion (7.6%)
  • United Arab Emirates: $47.9 billion (7.2%)
  • Canada: $47.6 billion (7.2%)

Who is the world’s top oil producer?

What Countries Are the Top Producers of Oil?

  1. United States. The largest economy in the world, the U.S. is also the largest producer of oil.
  2. Saudi Arabia. Saudi Arabia, officially the Kingdom of Saudi Arabia, has 17% of the world’s proven crude oil reserves, second largest in the world.
  3. Russia.
  4. Canada.
  5. China.

Which is the first oil company in India?

India (and Asia) obtained its first refinery in Digboi in the year 1901. Assam Oil Company was formed in 1899 to look after the running of the oil business in this area.

Which country has most oil?

Venezuela
Oil Reserves by Country

# Country Oil Reserves (barrels) in 2016
1 Venezuela 299,953,000,000
2 Saudi Arabia 266,578,000,000
3 Canada 170,863,000,000
4 Iran 157,530,000,000