2023 | 2022 | Name | Country | 2023 | 2022 | 2023 | 2022 |
|---|---|---|---|---|---|---|---|
| 1 | 1 | Shell | United Kingdom | $48,209M | $49,925M | AA+ | AAA- |
| 2 | 2 | Aramco | Saudi Arabia | $45,227M | $43,637M | AA+ | AA |
| 3 | 3 | PetroChina | China | $29,647M | $29,656M | AA | AA |
| 4 | 4 | Sinopec | China | $27,145M | $25,165M | AA+ | AA+ |
| 5 | 6 | TotalEnergies | France | $20,723M | $15,086M | AA | AA+ |
| 6 | 7 | Chevron | United States | $17,427M | $14,588M | A+ | AA- |
| 7 | 5 | BP | United Kingdom | $16,654M | $19,001M | A+ | AA |
| 8 | 9 | ADNOC | United Arab Emirates | $14,209M | $12,760M | AA+ | AA+ |
| 9 | 12 | Equinor | Norway | $13,099M | $9,342M | AAA- | AAA- |
| 10 | 8 | PETRONAS | Malaysia | $12,712M | $13,596M | AAA | AAA |
| 11 | 10 | ExxonMobil | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 12 | 11 | Eni | Italy | 🔒 | 🔒 | 🔒 | 🔒 |
| 13 | 17 | ConocoPhillips | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 14 | 19 | PTT | Thailand | 🔒 | 🔒 | 🔒 | 🔒 |
| 15 | 18 | CNRL | Canada | 🔒 | 🔒 | 🔒 | 🔒 |
| 16 | 14 | Gazprom | Russia | 🔒 | 🔒 | 🔒 | 🔒 |
| 17 | 13 | CNOOC | China | 🔒 | 🔒 | 🔒 | 🔒 |
| 18 | 15 | Lukoil | Russia | 🔒 | 🔒 | 🔒 | 🔒 |
| 19 | 30 | SLB | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 20 | 23 | Valero | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 21 | 26 | Phillips 66 | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 22 | 16 | Repsol | Spain | 🔒 | 🔒 | 🔒 | 🔒 |
| 23 | null | ENEOS | Japan | 🔒 | 🔒 | 🔒 | 🔒 |
| 24 | 32 | Marathon Petroleum | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 25 | 27 | Energy Transfer | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 26 | 25 | Enbridge | Canada | 🔒 | 🔒 | 🔒 | 🔒 |
| 27 | 21 | Reliance | India | 🔒 | 🔒 | 🔒 | 🔒 |
| 28 | 35 | Oxy | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 29 | 29 | Mobil | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 30 | 24 | Esso | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 31 | 31 | KPC | Kuwait | 🔒 | 🔒 | 🔒 | 🔒 |
| 32 | 22 | Indian Oil | India | 🔒 | 🔒 | 🔒 | 🔒 |
| 33 | 33 | Petrobras | Brazil | 🔒 | 🔒 | 🔒 | 🔒 |
| 34 | null | Orlen | Poland | 🔒 | 🔒 | 🔒 | 🔒 |
| 35 | 48 | Devon | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 36 | 37 | SK Innovation | South Korea | 🔒 | 🔒 | 🔒 | 🔒 |
| 37 | null | Pertamina | Indonesia | 🔒 | 🔒 | 🔒 | 🔒 |
| 38 | 28 | Ecopetrol | Colombia | 🔒 | 🔒 | 🔒 | 🔒 |
| 39 | 42 | Baker Hughes | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 40 | 38 | Pioneer Natural | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 41 | 41 | Halliburton | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 42 | 20 | Pemex | Mexico | 🔒 | 🔒 | 🔒 | 🔒 |
| 43 | null | Qatargas | Qatar | 🔒 | 🔒 | 🔒 | 🔒 |
| 44 | 43 | Suncor Energy | Canada | 🔒 | 🔒 | 🔒 | 🔒 |
| 45 | null | Hess | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 46 | 45 | Neste | Finland | 🔒 | 🔒 | 🔒 | 🔒 |
| 47 | 49 | Inpex | Japan | 🔒 | 🔒 | 🔒 | 🔒 |
| 48 | null | AkerBP | Norway | 🔒 | 🔒 | 🔒 | 🔒 |
| 49 | 39 | Exxon | United States | 🔒 | 🔒 | 🔒 | 🔒 |
| 50 | 34 | Rosneft | Russia | 🔒 | 🔒 | 🔒 | 🔒 |