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National oil company

A national oil company (NOC) is an oil company fully or in the majority owned by a national government. According to the United States Energy Information Administration, NOCs accounted for 52% global oil production and controlled 88% of proven oil reserves in 2007.

Due to their increasing dominance over global reserves, the importance of NOCs relative to International Oil Companies (IOCs), such as ExxonMobil, BP, or Royal Dutch Shell, has risen dramatically in recent years. NOCs are also increasingly investing outside their national borders.

Major NOCs include:

Abu Dhabi National Oil Company - Abu Dhabi
China National Offshore Oil Company (CNOOC) - China
China National Petroleum (PetroChina) - China
China Petrochemical Corporation (Sinopec) - China
Empresa Colombiana de Petróleos S.A. ("Ecopetrol") - Colombia
Egyptian General Petroleum Corporation (EGPC) (Egypt)
Emirates National Oil Company - Dubai
ENI - Italy
Gazprom Neft - Russia
GEPetrol - Equatorial Guinea
Iraq National Oil Company - Iraq
KazMunayGas - Kazakhstan
Kuwait Petroleum Corporation - Kuwait
National Iranian Oil Company (NIOC) Iran
National Oil Corporation of Kenya - Kenya
National Oil Corporation - Libya
Nigerian National Petroleum Company - Nigeria
Pakistan State Oil - Pakistan
Oil and Natural Gas Corporation - India
Pertamina - Indonesia
Petrobras - Brazil
Empresa Estatal Petróleos del Ecuador (PetroEcuador) - Ecuador
Petroleos de Venezuela (PDVSA) - Venezuela
Petroleos Mexicanos (PEMEX) - Mexico
Petroleum Development Oman - Oman
Petron - Philippines
Petronas - Malaysia
Petróleos Paraguayos - Paraguay
Petróleos del Perú (Petroperú) - Peru
PKN Orlen - Poland
Qatar Petroleum - Qatar
Rosneft - Russia
Saudi Arabian Oil Company (Aramco) Saudi Arabia
Sinopec - China
Sonangol - Angola
Sonatrach - Algeria
Statoil - Norway
Turkmen Nebit Gaz Onumleri - Turkmenistan
Uzbekneftegaz - Uzbekistan
Vietnam National Oil and Gas Group (Petro Vietnam) - Vietnam

List of oil exploration and production companies

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Oil reserves are increasingly concentrated in OPEC countries and national oil companies OPEC countries and national oil companies already hold the majority of proven oil reserves, and the percentage of reserves they hold is increasing. This concentration further establishes their future importance as major players in the world oil market and could potentially increase market tension and upward pressure on prices as world oil demand rises.

Oil companies Subcategories

This category has the following 10 subcategories, out of 10 total.

► Oil companies by country‎ (118 C)

► Automotive fuel brands‎ (1 C, 91 P)

► Biodiesel producers‎ (17 P)

► Defunct oil companies‎ (2 C, 21 P)

► Oil company logos‎ (24 F)

► National oil and gas companies‎ (64 P)

► Oil pipeline companies‎ (2 C, 37 P)
► Oilfield services companies‎ (2 C, 80 P)

► Oil traders‎ (9 P)

► Petroleum company stubs‎ (211 P)

National oil company

Supermajor

The Industry Technology Facilitator

T cont.

Fox Oil Drilling Company

Oil & Gas Exploration and Production Resources

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