5 Largest Oil Companies in the World

2. Sinopec Group (NYSE:SNP)

Total revenue of the company in 2019 (in billions of dollars): 407,009

Total profit of the company in 2019 (in billions of dollars): 6,793

Total assets of the company in 2019 (in billions of dollars): 317,516

Total employees of the company in 2019: 582,648

The top two companies are both from China, with Sinopec taking the second spot, even though it has the highest revenues of any oil company in the world and second highest regardless of industry, only after Walmart. Headquartered in Beijing, the company is owned by the government of China and was founded 20 years ago in 2000.

Sinopec Shanghai Petrochemical Co. (ADR) (NYSE:SHI)

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