Russian oil giants absent from world’s 10 largest oil companies

Energy Intelligence Group published the list of world’s 50 largest oil companies. The companies of such little-known countries as Kazakhstan and Uzbekistan were included in the top 50 for the first time ever. Russian oil giants were not listed in the top ten.

Photo: Russian oil giants absent from world’s 10 largest oil companies

The list was based on six factors, which particularly include the financial results of a company, production volumes, oil reserves, sales volumes, etc. The rating of 2009 is based on the statistics of 2007: the data required for such lists comes late and needs to be revised.

Twenty-seven of 50 largest oil companies in the world are state-run corporations.

The top ten includes the following companies: Saudi Aramco (Saudi Arabia), NIOC (Iran), Exxon Mobil (USA), PDV (Venezuela), CNPC (China), BP (Britain), Shell (Britain - The Netherlands), ConocoPhillips (USA), Chevron (USA) и Total (France).

Russian oil companies and the oil companies from the countries on the post-Soviet space were listed as follows: Gazprom (Russia) – the 13^th place, Rosneft (Russia) – the 16^th, Lukoil (Russia) – the 18^th, Surgutneftegaz (Russia) – the 29^th, Uzbekneftegaz (Uzbekistan) – the 34^th, Socar (Azerbaijan) – the 36^th, TNK-BP (Russia) – the 43^rd and Kazmunaigas (Kazakhstan) – the 50^th.