Greatest US Oil Companies

ExxonMobil

ExxonMobil is definitely an American based company that’s directly descended from John D. Rockefeller’s Standard Oil. Exxon and Mobil merged in 1999 to produce ExxonMobil that is centered in Irving, Texas. Rated at either No. 1 or No. 2 within the last 5 years, it is among the largest openly traded companies by market capital. When evaluated for market revenue, it’s second on the planet which makes it a real giant within the energy industry overall. With 37 oil refineries and also over 83,000 employees, ExxonMobil may be the largest refiner presently functioning. It sells its products underneath the brands of Exxon, Mobil, and Esso that have lengthy been noted for quality and customer support. From the six oil supermajors, ExxonMobil is indisputably the biggest and produces over 3.9 barrels of oil equivalent each day.

Anandarko Oil

Anandarko Oil is definitely an independent oil and gas exploration and production company that is probably the world’s largest. It started its existence cycle in 1959 like a subsidiary of Panhandle Eastern Corporation as a result of the big levels of gas which were being discovered within the Anandarko Basin. Anandarko Oil eventually split from the parent company in 1986 and presently are operating in more than a dozen different countries although its U.S. onshore operations take into account 60% of their reserves. Its reserves of oil equivalent are roughly 2.3 billion barrels with 206 billion barrels of oil equivalent being created each year by 2008. Using its headquarters found in the Woodlands, Texas, Anandarko employs over 4,700 individuals both its domestic and worldwide operations. According to the 2010 Deepwater Horizon oil spill, BP billed Anandarko $272 million because of its share from the cleanup because they were partners at the same time. However, this bill might be considered voided when the spill was brought on by gross negligence or willful misconduct around the account of BP.

Apache

Apache is definitely an independent gas and oil company that’s presently headquartered in Houston, Texas and operates both domestically and worldwide. It had been initially produced in 1954 by three men in Minnesota and drilled its first wells in Oklahoma’s Cushing field. Its headquarters was moved from Minneapolis to Denver later and lastly from Denver to Houston in 1992. Though it may be located in the U . s . States, you will find regional offices and processes in Canada, Australia, Argentina, its northern border Ocean, and Egypt. With more than 4,400 employees and $12 billion in revenues in 2010, Apache is traded with the New You are able to Stock Market like a public company and it is a vital player around the S&P 500. This will make it an immediate competitor with the likes of Anadarko although not bigger the likes of Chevron.

Greka Energy

Greka Energy can also be presently referred to as HVI Cat Gorge. It’s a U . s . States based private oil and gas company that operates mainly in California’s Santa Barbara county. It had been produced in 1999 following the purchase of several mergers bought by its parent company, Greka Integrated. Its earliest component, Saba Enterprises, started almost 30 years ago. With roughly 200 employees, its oil extraction and asphalt processing operations made Greka the biggest onshore oil operator in Santa Barbara County. In China, Greka operates and owns Eco-friendly Dragon Gas that is a openly traded company around the London Stock Market. Although of exactly the same people, both of these information mill completely separate legal entities. Until 2003, the company was traded around the NASDAQ however its owner, Randeep Grewal, purchased all the existing shares in a 69% premium making it right into a private energy company.

Hess Corporation

Hess is really a New You are able to City based integrated oil company that started its existence in 1919 as Ameranda Corporation. British oil entrepreneur Lord Cowdray created it to start exploring for oil in The United States. Following several major acquisitions, it eventually altered its name to Hess Corp. in the year 2006. By handling the exploration, production, transportation, and refining stages of oil and gas, Hess avoids additional cost by finishing the logistical chain essential for production. Additionally, it sells gas through its Hess branded filling stations in 16 different states across the U . s . States’ New England. Through certainly one of its subsidiaries’ partnerships having a Venezuelan company, Hess also owns a part of among the largest oil refineries on the planet within the U . s . States Virgin Islands. With around 11,600 employees, Hess may appear small in comparison with a number of its competitors despite its rank of 55 within the 2009 Fortune 500.

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