Biggest US Oil Companies

Posted on by Sougat Dey

ExxonMobil
ExxonMobil is an American based agency that is at once descended from John D. Rockefeller’s Standard Oil. Exxon and Mobil merged in 1999 to create ExxonMobil that is centered in Irving, Texas. Ranked at both No. 1 or No. 2 for the beyond 5 years, it’s miles one in all the largest publicly traded agencies by marketplace capitalization. When evaluated for marketplace revenue, it is 2d inside the international making it a true massive inside the electricity industry ordinary. With 37 oil refineries and over 83,000 personnel, ExxonMobil is the largest refiner presently in operation. It sells its merchandise under the manufacturers of Exxon, Mobil, and Esso which have long been known for exceptional and customer support. Of the six oil supermajors, ExxonMobil is certainly the largest and produces over 3.9 barrels of oil equivalent every unmarried day.Image result for Biggest US Oil Companies

Anadarko Petroleum
Anadarko Petroleum is an impartial oil and natural fuel exploration and manufacturing organization that is a few of the globe’s biggest. It started out its life cycle in 1959 as a subsidiary of Panhandle Eastern Corporation in response to the massive amounts of natural fuel that had been being observed inside the Anadarko Basin. Anadarko Petroleum finally breaks up from its figure company in 1986 and presently operates in over a dozen distinctive countries even though its U.S. Onshore operations account for 60% of its reserves. Its reserves of oil equivalent are approximately 2.Three billion barrels with 206 billion barrels of oil equivalent being produced every yr as of 2008. With its headquarters placed in The Woodlands, Texas, Anadarko employs over four, seven hundred humans in each its home and international operations. With regards to the 2010 Deepwater Horizon oil spill, BP billed Anadarko $272 million for its proportion of the cleanup as they had been partners inside the operation. However, this bill will be considered voided if the spill became caused by gross negligence or willful misconduct on the behalf of BP.

Apache
Apache is an impartial oil and gasoline organization that is presently founded in Houston, Texas and operates both locally and internationally. It became initially created in 1954 by way of three guys in Minnesota and drilled its first wells in Oklahoma’s Cushing area. Its headquarters become moved from Minneapolis to Denver in 1987 and ultimately from Denver to Houston in 1992. Even though it’s miles primarily based inside the United States, there are nearby offices and operations in Canada, Australia, Argentina, the North Sea, and Egypt. With over 4,400 personnel and $12 billion in sales for 2010, Apache is traded thru the New York Stock Exchange as a public enterprise and is a key participant on the S&P 500. This makes it an immediate competitor with businesses like Anadarko however not large businesses like Chevron.

Chevron
Chevron is an American organization that is concerned in each component of the oil, fuel, and geothermal power industries. It operates in more than 180 international locations and has its headquarters in San Ramon, California. As one of the world’s six supermajor oil agencies, it’s been ranked amongst Fortune 500’s five biggest companies for the past 5 years. Chevron is currently ranked 4th after Apple, ExxonMobile, and Walmart. In 2011, Forbes Global 2000 ranked it because of the sixteenth largest public business enterprise within the global. It employs over sixty-two,000 human beings and sells its products below a variety of emblem names. It sells its fuels underneath the brands Chevron, Standard Oil, Texaco, and Caltex. Chevron additionally handles the upstream commercial enterprise of Unocal, whose pumps are owned via ConocoPhillips. In addition to its fuels, it additionally operates Star Mart, Extra Mile, Redwood Market, and Town Pantry convenience shops. Chevron also markets Techron as a crucial additive in their gasoline.

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