National oil company
Type of petroleum company
From Wikipedia, the free encyclopedia
A national oil company (NOC) is a petroleum company that is fully or partly owned by the government of a sovereign nation.[1]: 3 NOCs produce about half the world’s oil and gas.[2][3]
Due to their increasing dominance over global reserves, the importance of NOCs has risen dramatically in recent decades relative to International Oil Companies (IOCs), such as BP, ExxonMobil or Shell plc. NOCs are also increasingly investing outside their national borders.
List of companies
| Country | Company | Date founded | Notes |
|---|---|---|---|
| Abu Dhabi | Abu Dhabi National Oil Company | 1971 | |
| Algeria | Sonatrach | 1963 | |
| Argentina | YPF | 1922 | |
| Azerbaijan | SOCAR | 1992 | |
| Bangladesh | Petrobangla | 1972 | |
| Bolivia | YPFB | 1936 | |
| Brazil | Petrobras | 1953 | |
| Canada | Petro-Canada | 1975 | Privatised in 1991 |
| Chile | Empresa Nacional del Petróleo | 1950 | |
| China | China National Offshore Oil Corporation | 1982 | |
| China | China National Petroleum Corporation | 1988 | |
| China | Sinopec | 1982 | |
| Ecuador | Petroecuador | 1989 | |
| India | Indian Oil Corporation | 1958 | |
| Indonesia | Pertamina | 1968 | |
| Iran | National Iranian Oil Company | 1951 | |
| Iraq | Iraq National Oil Company | 1966 | |
| Kuwait | Kuwait Petroleum Corporation | 1980 | |
| Malaysia | Petronas | 1974 | |
| Mexico | Pemex | 1938 | |
| Nigeria | NNPC | 1977 | |
| Norway | Equinor | 1972 | |
| Peru | Petroperú | 1969 | |
| Qatar | QatarEnergy | 1974 | |
| Saudi Arabia | Saudi Aramco | 1933 | |
| South Korea | Korea National Oil Corporation | 1979 | |
| Turkey | TPAO | 1954 | |
| Ukrain | Naftogaz | 1991 | |
| Uzbekistan | Uzbekneftegaz | 1992 | |
| Venezuela | PDVSA | 1976 | |
| Vietnam | Petrovietnam | 1977 |
