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China Petroleum is the third largest oil company in the world

China Petroleum is the third largest oil company in the world

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  The oil Intelligence Weekly (PIW) published a comprehensive ranking of the world's 50 largest oil companies in 2017. China's oil company, the world's third largest oil company, has been ranked among the top ten oil companies in the world for 17 years.

  According to the latest rankings, in 2017 the world's top ten oil company Saudi Aramco, the Iran national gas company, Chinese Petroleum Corporation and the Venezuelan oil company, Exxon Mobil Corp, Holland Shell oil company, BP company, the Russian oil company, Gazprom, Total, respectively.

  The top three oil companies in China have not changed much, and the momentum is still strong. China's oil comprehensive ranking continued to remain third, with natural gas production rising from sixth to fourth, and a number of other indicators in the previous year. Keep the list of the twentieth Sinopec, its natural gas production increased 3, refining capacity is still the biggest in the world. China CNOOC ranked ranked 31.

  Compared with last year, the ranking of the world's top ten oil companies has not changed significantly. Saudi Aramco is still at the top of the list because of its huge oil reserves and output. The Exxon Mobil Corp was affected by the decline in oil sands reserves in Canada, and the number of names fell to fifth from third in 2016. The Royal Shell Companies in Holland rose from eighth to sixth for the acquisition of the British Gas Group (BG). As a whole, the US shale oil companies have risen to a higher ranking, occupying 8 seats in the top 50, up from 6 last year. The state owned oil companies occupied 6 of the top 10.

  The United States "oil Intelligence Weekly" is a journal of the American oil industry's energy information publishing group, according to the 6 main parameters of oil reserves and natural gas reserves, oil production, natural gas production, oil refining capacity and oil sales, the world's biggest oil companies in more comprehensive investigation, since 1987 30 consecutive released in the 50 largest oil company in the world rankings, with high authority in the petroleum industry.

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