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Oil is a multi-billion business and some companies are really reaping in the benefits.
Let's take a look at 15 biggest oil companies in the world.
Source: Business Insider
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Exxon
Country: The United States
Assets: $331 billion
Revenues: $434 billion
Profits: $41 billion
Proved reserves: 24.9 billion barrels of oil equivalent
Current rank: 1
Previous rank: 1
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Shell
Country: The Netherlands
Assets: $345 billion
Revenues: $470 billion
Profits: $31 billion
Proved reserves: 14.2 billion barrels of oil equivalent
Current rank: 2
Previous rank: 6
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Chevron
Country: The United States
Assets: $209 billion
Revenues: $236 billion
Profits: $27 billion
Proved reserves: 4.3 billion barrels of oil equivalent
Current rank: 3
Previous rank: 2
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BP
Country: The United Kingdom
Assets: $293 billion
Revenues: $376 billion
Profits: $26 billion
Proved reserves: 17.7 billion barrels of oil equivalent
Current rank: 4
Previous rank: 118
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Gazprom
Country: Russia
Assets: $328 billion
Revenues: $139 billion
Profits: $39 billion
Proved reserves: 14.2 billion barrels of oil equivalent
Current rank: 5
Previous rank: 3
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Statoil
Country: Norway
Assets: $129 billion
Revenues: $108 billion
Profits: $13 billion
Proved reserves: 5.4 billion barrels of oil equivalent
Current rank: 6
Previous rank: 11
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Total
Country: France
Assets: $205 billion
Revenues: $209 billion
Profits: $15 billion
Proved reserves: 11.4 billion barrels of oil equivalent
Current rank: 7
Previous rank: 5
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ConocoPhillips
Country: The United States
Assets: $153 billion
Revenues: $235 billion
Profits: $12 billion
Proved reserves: 8.4 billion barrels of oil equivalent
Current rank: 8
Previous rank: 7
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PetroChina
Country: China
Assets: $301 billion
Revenues: $310 billion
Profits: $21 billion
Proved reserves: 11.1 billion barrels of oil equivalent
Current rank: 9
Previous rank: 4
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Rosneft
Country: Russia
Assets: $106 billion
Revenues: $90 billion
Profits: $12 billion
Proved reserves: 22.8 billion barrels of oil equivalent
Current rank: 10
Previous rank: 9
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Lukoil
Country: Russia
Assets: $91 billion
Revenues: $134 billion
Profits: $10 billion
Proved reserves: 17.3 billion barrels of oil equivalent
Current rank: 11
Previous rank: 10
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Sinopec
Country: China
Assets: $60 billion
Revenues: $180 billion
Profits: $394 billion
Proved reserves: 4 billion barrels of oil equivalent
Current rank: 12
Previous rank: 7
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Cnooc
Country: China
Assets: $60 billion
Revenues: $38 billion
Profits: $11 billion
Proved reserves: 3.19 billion barrels of oil equivalent
Current rank: 13
Previous rank: 15
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Ecopetrol
Country: Colombia
Assets: $52 billion
Revenues: $37 billion
Profits: $9 billion
Proved reserves: Two billion barrels of oil equivalent
Current rank: 14
Previous rank: 23
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TNK-BP
Country: Russia
Assets: $35 billion
Revenues: $53 billion
Profits: $1 billion
Proved reserves: Nine billion barrels of oil equivalent
Current rank: 15
Previous rank: 20