Leading global energy companies' by revenue 2024| ��ƽ��

Leading energy companies worldwide in financial year 2024, based on revenue (in million U.S. dollars)

Company (headquarter)	Revenue in million U.S. dollars
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Release date

September 2025

More information

Region

Worldwide

Survey time period

FY 2024

Special properties

Figures refer to the latest financial year.

Supplementary notes

Release date set as date of last update.

Includes companies under the following industries: electric utilities, multi utilities, integrated oil and gas, oil and gas exploration and production, oil and gas refining and marketing, and oil and gas storage and transportation.

Some figures were converted to U.S. dollars according to the following rates of conversion (as of September 3, 2025): one yuan equals approximately 0.14 U.S. dollars and one euro equals approximately 1.16 U.S. dollars.

Figures were rounded.

Sources:

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Citation formats

Saudi Arabian Oil Company, also referred to as Saudi Aramco, generated more revenue than any other company within the global energy sector in the financial year 2024. The Saudi Arabian company reported revenues of *** billion U.S. dollars. China Petroleum and Chemical Corporation (Sinopec) ranked second, with *** billion U.S. dollars in revenue.

Global energy sources

In 2024, oil and gas multinational corporations dominated as the leading companies in terms of energy sales. Oil, natural gas, and coal are still the leading sources of primary energy consumption worldwide. By comparison, the revenue of the largest renewable energy companies in the world was below ** billion U.S. dollars. Their headquarters are mostly located in the United States and Europe.

Global energy demand

China not only boasted some of the world's largest energy conglomerates, but it also led the world in terms of energy consumption. However, per capita energy consumption was highest in the Middle Eastern countries of Qatar and the United Arab Emirates. Global energy consumption was projected to increase by ** percent by 2050, after growing by ** percent between 1990 and 2022.