Global Energy Too Big To Fail

Exxon Mobil

Market Cap: US$478.2b

Engages in the exploration and production of crude oil and natural gas in the United States, Canada, the United Kingdom, Singapore, France, and internationally.

PetroChina

Market Cap: HK$1.7t

Engages in a range of petroleum related products, services, and activities in Mainland China and internationally.

TotalEnergies

Market Cap: €114.4b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

CNOOC

Market Cap: HK$946.6b

An investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in the People’s Republic of China, Canada, and internationally.

Imperial Oil

Market Cap: CA$64.1b

Engages in exploration, production, and sale of crude oil and natural gas in Canada.

Shaanxi Coal Industry

Market Cap: CN¥196.5b

Shaanxi Coal Industry Company Limited, together with its subsidiaries, mines, produces, washes, processes, and sells coal in China and internationally.

Inpex

Market Cap: JP¥3.2t

Engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan and internationally.

Repsol

Market Cap: €16.8b

Operates as a multi-e energy company in Spain, Peru, the United States, Portugal, and internationally.

PTT Exploration and Production

Market Cap: ฿454.6b

Engages in the exploration, development, and production of petroleum in Thailand and internationally.

Petronet LNG

Market Cap: ₹419.0b

Engages in the import, storage, regasification, and supply of liquefied natural gas (LNG) in India.

Cosmo Energy Holdings

Market Cap: JP¥605.4b

Through its subsidiaries, engages in the petroleum business in Japan and internationally.