Asian Oil Intelligence Desk
Corporate Intelligence
Auditor-grade due-diligence profiles of national oil companies, international oil companies, and major private energy operators worldwide — prepared with the rigour of a Big Four institutional review.
QatarEnergy
Lng · Qatar
QatarEnergy (formerly Qatar Petroleum) is the world's leading LNG exporter, operating the North Field — the largest single non-associated gas reservoir globally. The company is executing the North Field East (NFE) and North Field South (NFS) expansion programmes that will raise LNG production capacity from 77 mtpa to approximately 142 mtpa by 2030. Financial performance is underpinned by long-term LNG offtake contracts with Asian and European buyers, providing revenue visibility through oil-ind...
Reliance Industries
Integrated · India
Reliance Industries Limited (RIL) is India's largest private company spanning Jamnagar refining (1.4 mbpd, world's largest single-site), petrochemicals, telecom (Jio), and retail. Oil-to-chemicals (O2C) segment generates majority of revenue and cash flow. FY2024 revenue approximated $105 billion with net profit near $9 billion. Jamnagar refinery complex operates at world-scale with petrochemical integration. KG-D6 deepwater gas block produces 30 MMSCMD for domestic market. New Energy business...
Repsol
Integrated · Spain
Repsol S.A. is a Spanish integrated energy company with upstream assets in US Eagle Ford, Alaska, Libya, and Venezuela, plus Iberian refining and retail leadership. Low-carbon business includes 4 GW renewable capacity target and synthetic fuels at Petronor. FY2024 revenue approximated $58 billion with net income near $2.5 billion. Upstream production near 560 kbpd BOE with Eagle Ford shale as the primary growth engine. Refining margins in Spain and Peru provide downstream cash flow. Strategic...
Rosneft
Integrated · Russia
Rosneft Oil Company is Russia's largest oil producer, controlling approximately 40% of national crude output from West Siberia, East Siberia, and Arctic offshore assets including Vostok Oil. The company operates 13 refineries domestically and holds international assets in Venezuela, Germany (refining), and Kurdistan. FY2023 revenue exceeded $120 billion with net income near $15 billion, supported by Urals crude exports redirected to India and China at discounted benchmarks. Western sanctions re...
RWE
Lng · Germany
RWE AG is Germany's largest power producer, transformed from conventional generation to a renewables-led utility with 20+ GW renewable capacity and growing LNG/gas midstream via Wilhelmshaven and Brunsbüttel floating LNG terminals. Lignite exit completed by 2030. FY2024 adjusted EBITDA approximated $7 billion with renewables contributing 60%+ of earnings. LNG terminal operations at Wilhelmshaven 1 and Brunsbüttel provide German gas supply security post-Russian pipeline curtailment. Growth inve...
S-Oil
Downstream · South Korea
S-Oil Corporation is a South Korean refiner majority-owned by Saudi Aramco, operating the 669 kbpd Onsan refinery in Ulsan and 2,300+ retail stations. Shaheen project adds 300 kbpd residue upgrading capacity. FY2024 revenue approximated $35 billion with net income near $1.5 billion. Aramco crude supply provides feedstock advantage. Onsan refinery complexity ranks among the highest in Asia. Shaheen petrochemical expansion integrates refining with para-xylene and olefin production. Aramco owners...
SABIC
Petrochemical · Saudi Arabia
Saudi Basic Industries Corporation (SABIC) is one of the world's largest petrochemical producers, 70% owned by Saudi Aramco since 2020. The company manufactures chemicals, polymers, fertilisers, and metals across 50 countries with manufacturing hubs in Saudi Arabia, Europe, Americas, and Asia. FY2024 revenue was approximately $37 billion with EBITDA of $5.5 billion, reflecting petrochemical margin compression from global overcapacity and China's self-sufficiency push. Aramco integration provide...
Saipem
Services · Italy
Saipem S.p.A. is a global engineering and construction contractor for offshore and onshore energy projects, specialising in pipeline installation, drilling, FPSO conversion, and offshore wind foundations. Eni holds a 25% strategic stake following 2023 restructuring. FY2024 revenue approximated $12 billion with adjusted EBITDA near $1 billion. Offshore E&C backlog exceeds €8 billion on Middle East offshore gas, Mozambique LNG, and North Sea wind projects. Scarabeo ultra-deepwater drillships oper...
Santos
Lng · Australia
Santos Limited is an Australian oil and gas company with LNG operations via GLNG (Gladstone, 7.8 mtpa), PNG LNG (Papua New Guinea), and Barossa gas project (Darwin LNG feedstock). Oil production from Cooper Basin and WA offshore supplements gas portfolio. FY2024 revenue approximated $5.5 billion with net profit near $1.2 billion. Barossa project commenced production in 2024, replacing Bayu-Undan feedstock for Darwin LNG. Pikka oil project (Alaska) adds conventional oil growth. PNG LNG stake pr...
Saudi Aramco
Integrated · Saudi Arabia
Saudi Arabian Oil Company (Saudi Aramco) is the world's largest national oil company by hydrocarbon production and reserves, wholly owned by the Kingdom of Saudi Arabia with a partial public listing on Tadawul since December 2019. The company operates an integrated value chain spanning upstream exploration and production, refining, chemicals, marketing, and trading, with proved reserves exceeding 250 billion barrels of oil equivalent. Financial performance remains anchored by low lifting costs...
Sempra
Lng · United States
Sempra is a North American energy infrastructure company operating regulated utilities (SDG&E, SoCalGas) and LNG export via Cameron LNG (12 mtpa, Louisiana) and Port Arthur LNG (10 mtpa, under construction). Sempra Infrastructure partners with TotalEnergies, Mitsui, and ConocoPhillips. FY2024 revenue approximated $16 billion with earnings near $3 billion. Cameron LNG operates at full capacity with three trains. Port Arthur LNG FID taken with Bechtel EPC contract for 2027 startup. Sierra Pacifi...
Shell
Integrated · United Kingdom
Shell plc is a global integrated energy company with LNG leadership (approximately 22 mtpa equity capacity), deepwater portfolios in Brazil and Nigeria, and the world's largest retail fuel network. The company is simplifying its portfolio toward core upstream, LNG, and marketing segments. FY2024 revenue approximated $290 billion with adjusted earnings near $24 billion. LNG trading and optimisation capabilities provide differentiated margins. Portfolio reshaping includes divestments in Nigeria o...
