Oil companies : size and power

Wikipedia, “Oil companies in the world”

The bigest oil companies in the world have a lot of capital. Their profits allow them to buy more and more exploitation rights. Many of them are lobbying the various governments of the world for more and more “permissions”.

The 3 more important oil companies of the world are :

• ExxonMobil :   an American multinational oil and gas corporation. It is the largest publicly traded companie by market capitalization in the world!

                                         – $340 billion revenues (in 2009) .

                                         – produces about 3 percent of the world’s oil and about 2 percent of the world’s energy.

• BP :

                                         – 308.9 billion revenues (in 2010).

                                         – produces about 1 percent of the world’s oil and 1 percent oh the world’s gas.

• Shell :

                                         –  270 billion revenues (in 2010).

On the website http://www.oilcompanies.net/ you can see the latest news related to oil companies (especially those that we don’t show on TV).