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The Top 10 Oil and Gas Companies in the World

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The Top 10 Oil and Gas Companies in the World

The Top 10 Oil and Gas Companies in the World

When North Americans think of oil and gas companies, they often think of the big private sector companies such as Exxon Mobil or ConocoPhillips. However, it is always interesting to look at the sheer size and scope of some of the major government owned (or partnered) oil and gas firms to really see the extent of the industry.

Saudi Aramco, the Saudi Arabian oil and gas giant, is by far the biggest energy company in the world. Saudi Aramco’s biggest field, Ghawar, generates 5 million barrels per day of oil, and the company as a whole makes more than $1 billion per day in revenues. The company’s value has been estimated around $10 trillion – the biggest company in the world. That’s about 15 times the size of Apple.

Gazprom and National Iranian Oil Company also produce 8.1 million and 6.1 million bpd equivalent. Meanwhile PetroChina, only one of three big state-owned oil giants in China, produces 3.9 million barrels each day.

With oil prices at their lowest in five years, it will be interesting to see how all of these companies respond.

Original graphic from: Mirage Machines

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Energy

Ranked: Electric Vehicle Sales by Model in 2023

Today, electric vehicle sales make up 18% of global vehicle sales. Here are the leading models by sales as of August 2023.

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The Highest Electric Vehicle Sales, by Model

Ranked: Electric Vehicle Sales by Model in 2023

Electric vehicle (EV) sales are gaining momentum, reaching 18% of global vehicle sales in 2023.

As new competitors bring more affordable options and new performance features, the market continues to mature as customers increasingly look to electric options.

This graphic ranks the top-selling EVs worldwide as of August 2023, based on data from CleanTechnica.

The Best Selling EVs in 2023 (Through August)

Below, we show the world’s best selling fully electric vehicles from January to August 2023:

ModelCountryVehicles Sold
(Jan-Aug 2023)
Tesla Model Y🇺🇸 U.S.772,364
Tesla Model 3🇺🇸 U.S.364,403
BYD Atto 3 / Yuan Plus🇨🇳 China265,688
BYD Dolphin🇨🇳 China222,825
GAC Aion S🇨🇳 China160,693
Wuling HongGuang Mini EV🇨🇳 China153,399
GAC Aion Y🇨🇳 China136,619
VW ID.4🇩🇪 Germany120,154
BYD Seagull🇨🇳 China95,202

As we can see, Tesla‘s Model Y still holds a comfortable lead over the competition with 772,364 units sold. That’s more than double the sales of the #2 top selling vehicle, Tesla’s Model 3 (364,403)

But it’s hard to ignore the rising prevalence of Chinese EVs. The next five best selling EV vehicles are Chinese, including three from BYD. The automaker’s Atto 3 (or Yuan Plus, depending on market), is being sold in various countries including Germany, the UK, Japan, and India.

Meanwhile, Chinese automaker GAC Group also had two models of its Aion EV brand make the rankings, with the Aion S selling 160,693 units so far.

Regional market strength is also clear. For Volkswagen’s ID.4 model (120,154 units sold), Europe and China account for the majority of sales.

Given growing cost efficiencies and changing consumer behavior, global EV sales are projected to make up half of new car sales globally by 2035, according to forecasts from Goldman Sachs.

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