4. Chevron (United States)
Sales: 255.11 Profits: 23.93 Assets: 161.17 Market value: 121.70
The California-based ‘supermajor’ is another ‘baby’ Standard and was originally known as Standard Oil of California. The company has interests in over 180 countries and has numerous joint venture projects in the Middle East.
Fact: When the company was known as Standard Oil of California, a subsidiary, California-Arabian Standard Oil Company, was responsible for finding the world’s largest oilfield, the Ghawar field in Saudi Arabia. The subsidiary evolved into the Arabian American Oil Company (Aramco) and was eventually entirely owned by Saudi Arabia and was renamed Saudi Aramco. Saudi Aramco is the largest oil company of any kind in the world and has a staggering 25% of the world's oil reserves at its disposal.
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