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This question is about largest oil companies.

What is an oil company?

By Zippia Team - Sep. 1, 2023

An oil company is any organization involved in one or more of the following:

  • Upstream exploration and production invovles the actual process of extracting oil and natural gas from the earth.

  • Midstream involves the transportation, storage, and, to some extent, processing of oils and other natural gas liquids.

  • Downstream involves the refining and distribution of the final product.

There are also integrated oil companies, like ExxonMobil and BP, that control every part of the stream.

What is an oil company?

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