The Energy Convergence - GineersNow The Energy Convergence - GineersNow | Page 41

PetroChina Pemex
PetroChina dominates the oil and gas industry
being its largest oil and gas producer and
distributor. It is also among one of the largest oil
companies in the world having one of the biggest
sales revenue in China. The company has an
average crude production of 4.4 million barrels
per day. Pemex deals with the exploration, production,
transportation, refining, storage and sale of
hydrocarbons and derivatives. It is Mexico’s
state oil company that produces an average
of 3.6 million bpd, working on products like
petrochemicals, natural gas, liquid gas, sulphur,
gasoline, kerosene, and diesel. Pemex oper ates
344 production fields; 6,382 production wells; 225
off-shore platforms; 6 refineries; 8 petrochemical
complexes; 7,896km of gas pipelines; 4,548km of
oil pipelines; and 19 LPG distribution terminals.
BP
Producing 4.1 million bpd on average, BP
provides customers with fuel for transportation,
energy for heat and light, lubricants to keep
engines moving, and the petrochemicals products
used to make everyday items as diverse as paints,
clothes and packaging. The company works on
both streams: upstream is on oil and natural gas
exploration, field development and production;
downstream is on product and services with
regard to fuels, lubricants and petrochemicals.
Royal Dutch Shell
Shell separates from the rest of the oil companies
being focused on oil research and development.
The company already spent $2.2 billion on
developing alternative energies, carbon capture
storage and CO2 related studies. It is focused
on exploring new oil and gas reserves in the
upstream and on sustaining cash generation
from existing assets and selective investments in
growth markets in the downstream. It generates
3.9 million bpd on average, and works as a global
group of energy and petrochemical companies.
Chevron
At the end of 2012, Chevron had a global
refining capacity of 1.95 million bpd. It has
an average of 3.5 million bpd. The company
focuses on the production and transportation
of crude oil and natural gas; refining and
distribution of transportation fuels and lubricants;
manufacturing of petrochemical products; power
generation; production of geothermal energy; and
developmental research for advanced biofuels.
Kuwait Petroleum Corp.
Also a state-owned oil company is the Kuwait
Petroleum Corp. It explores, produces, refines,
transports, and markets oil and gas both in their
home country and internationally. It has a 3.4
million bpd average production.
Oil & Gas Leaders • June 2017
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