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Worldwide

National Oil Companies (government owned)

Global Oil Companies (Multinationals)

                                   

Others Oil Related Companies  

Brief History of the Oil and Gas / Petroleum Industry

In 1911, the power of Standard Oil was such that the American congress voted the famous antitrust law aimed at breaking it up into three “bits”: Standard Oil of New Jersey (the future Exxon), Standard Oil of New York (the future Mobil), and Standard Oil of California (Socal).

All three would become part of the global conglomorate group: Exxon, Socal (later to become Chevron), Mobil, Texaco, Gulf, BP (the heir of AIOC, the Anglo-Iranian Oil Company), and Shell.

Then came the French CFP (Compagnie Française des Pétroles, the future Total)

The two oldest of the major oil companies were created at the end of the 19 th century:

1/. The American, Standard Oil belonging to the Rockefeller family.
2/. The Anglo-Dutch, Royal Dutch/Shell.
The principal international oil companies, the major players are:

1/. Exxon/Mobil: American, formed by the merger of Exxon and Mobil;
2/. BP: British, the result of a merger between BP and Amoco;
3/. Shell: Anglo-Dutch;
4/. Total: French, the result of a merger between Elf, Fina and Total;
5/. Chevron/Texaco: American, resulting from the merger of Chevron and Texaco.

 

National agencies & government departments with responsibility for energy matters

DGEMP(Department of Energy and Raw Materials) in France
OPEC (the Organisation of Petroleum Exporting Countries),
OAPEC (the Organisation of Arab Petroleum Exporting Countries)
IEA (the International Energy Agency)
DOE, the Department of Energy ,US

Oil sector as suppliers of services
Companies are involved in specific technical areas such as geophysical surveying and analysis, drilling, depth imaging, production equipment. They supply oil companies with personnel and equipment. e.g  Schlumberger, Halliburton

Research institutes - IFP (Institut Franais du Ptrole, or the French Oil Institute)

 

Investments in Renewable Energy for Future:

BP with solar energy, the new world leader in photovoltaic production;
Shell with the biomass, solar and wind energy, whose declared objective was to hold a 10% market share in renewable energies in 2005;
Total with the design and marketing of photovoltaic systems and investments in other renewable energies (wind, wave energy …). 
 

OPEC countries Company State share in the company

Algeria                         Sonatrach                            100%
Saudi Arabia                Aramco                                100%
United Arab Emirates   ADCO/DPC                           60% / 100%
Indonesia                     Pertamina                             100%
Iran                              NIOC                                    100%
Iraq                              INOC                                    100%
Kuwait                          KPC                                    100%
Libya                            NOC                                    100%
Nigeria                          NNPC                                  100%
Qatar                            QGPC                                 100%
Venezuela                    PDVSA                                 100%

Source: the OPEC statistical bulletin, 2003
In some Poorer countries in Africa main production activities are delegated to the major foreign companies within the framework of production sharing contracts and incomes.

In the United States, oil production is entirely in the hands of the private sector.
 
The Middle Eastern countries, all members of OPEC, together hold 2/3 of worldwide oil reserves.
Saudi Arabia alone possesses ¼ of these world reserves.
OPEC in total holds 80% of world reserves and produces a little less than 40% of the oil consumed throughout the world.