5 Biggest Oil Refining Companies in the World

Page 5 of 5

1. China National Petroleum

Total revenue of the company in 2019 (in billions of dollars): 379,130

Total profit of the company in 2019 (in billions of dollars): 4,443

Total assets of the company in 2019 (in billions of dollars): 608,086

Total employees of the company in 2019: 1,344,410

By revenue, it is the fourth biggest company in the world, but it easily tops the list of the 5 biggest oil refining companies in the world. It was established 33 years ago in 1988, and is of course headquartered in Beijing. As is true for most huge Chinese companies, China National Petroleum is state owned and operated by the government. It has operations across the world including in Asia, Africa, Europe, and Oceania, and has been responsible for several oil spills which have garnered negative press for the company.

saudi, arabia, oil, plant, gas, night, business, petrol, power, petroleum, sunset, chemistry, automotive, tower, economy, lighting, iran, diesel, pollution, greenpeace, pipeline, engineering, carbon, built, stack, smokestack, refinery, ecology, steam, chemical, supply

anekoho/Shutterstock.com

Page 5 of 5