5 Biggest Private Oil Companies in the World

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In this piece, we will take a look at the 5 Biggest Private Oil Companies in the World. For more such companies, go to the 15 Biggest Private Oil Companies in the World.

5. Petronas

Annual Revenue 2021: $59.87 billion

Petronas, also known as Petroliam Nasional Berhad, is an oil and gas corporation based in Malaysia. The company engages in the exploration, development, and production of oil & gas. In addition, the company operates refineries with a combined daily refining capacity of 700 kilo-barrels located in Terengganu, Melaka, and Johor. Petronas Gas Berhad (PGB), a subsidiary of Petronas, operates the Peninsular Gas Utilisation (PGU) system, consisting of six processing plants and over 2,500 kilometers of pipeline network to process and transport gas to the end market.

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