Connect with us

Energy

Charted: 40 Years of Global Energy Production, by Country

Published

on

Energy was already a hot topic before 2022, but soaring household energy bills and a cost of living crisis has brought it even more to the forefront.

Which countries are the biggest energy producers, and what types of energy are they churning out? This graphic by 911 Metallurgist gives a breakdown of global energy production, showing which countries have used the most fossil fuels, nuclear, and renewable energy since 1980.

All figures refer to the British thermal unit (BTU), equivalent to the heat required to heat one pound of water by one degree Fahrenheit.

Editor’s note: Click on any graphic to see a full-width version that is higher resolution

1. Fossil Fuels

Biggest Producers of Fossil Fuel since 1980

View the full-size infographic

While the U.S. is a dominant player in both oil and natural gas production, China holds the top spot as the world’s largest fossil fuel producer, largely because of its significant production and consumption of coal.

Over the last decade, China has used more coal than the rest of the world, combined.

However, it’s worth noting that the country’s fossil fuel consumption and production have dipped in recent years, ever since the government launched a five-year plan back in 2014 to help reduce carbon emissions.

2. Nuclear Power

Biggest Producers of Nuclear Energy since 1980

View the full-size infographic

The U.S. is the world’s largest producer of nuclear power by far, generating about double the amount of nuclear energy as France, the second-largest producer.

While nuclear power provides a carbon-free alternative to fossil fuels, the nuclear disaster in Fukushima caused many countries to move away from the energy source, which is why global use has dipped in recent years.

Despite the fact that many countries have recently pivoted away from nuclear energy, it still powers about 10% of the world’s electricity. It’s also possible that nuclear energy will play an expanded role in the energy mix going forward, since decarbonization has emerged as a top priority for nations around the world.

3. Renewable Energy

Biggest Producers of Renewable Energy

View the full-size infographic

Renewable energy sources (including wind, hydro, and solar) account for about 23% of electricity production worldwide. China leads the front on renewable production, while the U.S. comes in second place.

While renewable energy production has ramped up in recent years, more countries will need to ramp up their renewable energy production in order to reach net-zero targets by 2050.

green check mark icon

This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.

Click for Comments

Energy

Comparing Saudi Aramco’s $1.9T Valuation to Its Rivals

See how much larger Saudi Aramco’s market cap is compared to rivals like Chevron, ExxonMobil, and Shell.

Published

on

Putting Saudi Aramco’s Market Cap Into Perspective

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

As of May 2024, there are just six trillion-dollar companies in the world, and only one of them is an oil company.

In this graphic, we put Saudi Aramco’s market cap into perspective by comparing it to the rest of the world’s largest oil companies. Numbers were sourced from Companiesmarketcap.com, and are as of May 24, 2024.

Data and Takeaways

The data we used to create this graphic are listed in the table below.

CompanyMarket Cap
(as of May 24, 2024)
🇸🇦 Saudi Aramco$1,914B
🇺🇸 Exxon Mobil$509B
🇺🇸 Chevron$288B
🇨🇳 Petro China$243B
🇳🇱 Shell$225B
🇫🇷 TotalEnergies$165B
🇺🇸 ConocoPhillips$137B
🇬🇧 BP$103B
🇨🇳 Sinopec$102B

Saudi Aramco launched its initial public offering (IPO) on December 11, 2019. It remains the largest IPO in history, raising $25.6 billion and valuing the company at $1.7 trillion. Aramco is also the only trillion-dollar company that isn’t based in the United States.

As of 2022, Aramco had proven reserves equal to 259 billion barrels of oil equivalent, which is massively greater than rivals like ExxonMobil (17.7 billion) and Chevron (11.2 billion).

$1.9T*

It should be noted that the Saudi government directly owns 90% of the company, while another 8% is held by the country’s sovereign wealth fund. With only 2% of shares available to the public, some believe that the company’s current valuation carries little weight.

For example, a Bloomberg op-ed from 2023 described Aramco’s valuation as an “illusion” due to its very low trading volume. Over a one year period, Aramco’s average daily turnover was just $51 million, compared to $1.9 billion for ExxonMobil and $1.4 billion for Chevron.

See More Market Cap Comparisons from Visual Capitalist

If you enjoyed this graphic, be sure to check out our similar graphic covering Nvidia.

Continue Reading
Voronoi, the app by Visual Capitalist. Where data tells the story. Download on App Store or Google Play

Subscribe

Popular