2022 | 2021 | Name | Country | 2022 | 2021 | 2022 | 2021 |
|---|---|---|---|---|---|---|---|
| 1 | 1 | Shell | United Kingdom | $49,925M | $42,156M | AAA- | AAA |
| 2 | 2 | Aramco | Saudi Arabia | $43,637M | $37,479M | AA | AA |
| 3 | 3 | PetroChina | China | $29,656M | $31,415M | AA | AA+ |
| 4 | 4 | Sinopec | China | $25,165M | $26,398M | AA+ | AA+ |
| 5 | 5 | BP | United Kingdom | $19,001M | $21,367M | AA | AA |
| 6 | 6 | TotalEnergies | France | $15,086M | $18,122M | AA+ | AA+ |
| 7 | 7 | Chevron | United States | $14,588M | $15,933M | AA- | AA |
| 8 | 9 | Petronas | Malaysia | $13,596M | $12,049M | AAA | AAA |
| 9 | 10 | ADNOC | United Arab Emirates | $12,760M | $10,763M | AA+ | AA+ |
| 10 | 8 | ExxonMobil | United States | $11,161M | $13,434M | AA | AA+ |
| 11 | 12 | Eni | Italy | 🔒 | 🔒 | 🔒 | 🔒 |
| 12 | 11 | Equinor | Norway | 🔒 | 🔒 | 🔒 | 🔒 |
| 13 | 13 | CNOOC | China | 🔒 | 🔒 | 🔒 | 🔒 |
| 14 | 14 | Gazprom | Russia | 🔒 | 🔒 | 🔒 | 🔒 |
| 15 | 17 | Lukoil | Russia | 🔒 | 🔒 | 🔒 | 🔒 |
| 16 | 20 | Repsol | Spain | 🔒 | 🔒 | 🔒 | 🔒 |
| 17 | 25 | ConocoPhillips | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 18 | 27 | CNRL | Canada | 🔒 | 🔒 | 🔒 | 🔒 |
| 19 | 18 | PTT | Thailand | 🔒 | 🔒 | 🔒 | 🔒 |
| 20 | 16 | Pemex | Mexico | 🔒 | 🔒 | 🔒 | 🔒 |
| 21 | 19 | Reliance | India | 🔒 | 🔒 | 🔒 | 🔒 |
| 22 | 21 | Indian Oil | India | 🔒 | 🔒 | 🔒 | 🔒 |
| 23 | 15 | Valero | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 24 | 22 | Esso | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 25 | 24 | Enbridge | Canada | 🔒 | 🔒 | 🔒 | 🔒 |
| 26 | 23 | Phillips 66 | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 27 | 33 | Energy Transfer | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 28 | 35 | Ecopetrol | Colombia | 🔒 | 🔒 | 🔒 | 🔒 |
| 29 | 26 | Mobil | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 30 | 30 | Schlumberger | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 31 | null | KPC | Kuwait | 🔒 | 🔒 | 🔒 | 🔒 |
| 32 | 29 | Marathon Petroleum | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 33 | 31 | Petrobras | Brazil | 🔒 | 🔒 | 🔒 | 🔒 |
| 34 | 28 | Rosneft | Russia | 🔒 | 🔒 | 🔒 | 🔒 |
| 35 | 42 | Oxy | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 36 | 44 | Enterprise Products | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 37 | 34 | SK Innovation | South Korea | 🔒 | 🔒 | 🔒 | 🔒 |
| 38 | null | Pioneer Natural | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 39 | 32 | Exxon | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 40 | 37 | Pertamina | Indonesia | 🔒 | 🔒 | 🔒 | 🔒 |
| 41 | null | Plains All American | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 42 | 50 | Halliburton | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 43 | 38 | Baker Hughes | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 44 | 45 | Suncor Energy | Canada | 🔒 | 🔒 | 🔒 | 🔒 |
| 45 | 40 | Bharat Petroleum | India | 🔒 | 🔒 | 🔒 | 🔒 |
| 46 | 43 | Neste | Finland | 🔒 | 🔒 | 🔒 | 🔒 |
| 47 | 39 | Idemitsu Kosan | Japan | 🔒 | 🔒 | 🔒 | 🔒 |
| 48 | 48 | S-Oil | South Korea | 🔒 | 🔒 | 🔒 | 🔒 |
| 49 | null | Devon | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 50 | 41 | Inpex | Japan | 🔒 | 🔒 | 🔒 | 🔒 |