What Companies Are In The Energy Field?;- Energy companies are an integral part of the economy. They are responsible for providing us with the power we need to function and grow our businesses. Without the energy sector, we would not have access to electric power, natural gas or oil which would make life very difficult. Energy companies deal with all aspects of petroleum production including exploration, drilling operations, extraction and transportation.
There are many types of energy companies including those that provide technologies such as solar panels or wind turbines as well as those that provide services like drilling equipment or engineering services required to build such structures (Wikipedia).
Energy companies are a vital part of our economy. They provide the jobs that keep people employed and the products we use every day. Without them, life would be very different than it is today.
In this post, I will discuss the different types of energy companies and how they affect our economy.
What Companies Are In The Energy Field?
You can find a list of the top energy companies below. These are the biggest and most well-known companies in the energy field.
If you’re in college or just starting out, you should know about these companies because they offer opportunities to interns and new employees. The more experience you gain at an early age, the better off you’ll be in your career later on.
What Do Energy Companies Do?
Energy companies are involved in the exploration, development, and production of energy resources. Energy companies are also involved in the transportation, storage, and distribution of energy resources. Energy companies are also involved in the generation, transmission and distribution of energy.
And if you’re an oil company—like BP—you may be involved with all sorts of things like producing fossil fuels for combustion in power plants or manufacturing lubricants to keep your equipment running smoothly.
Big Oil
Big Oil is a term used to describe the largest oil companies in the world. These include ExxonMobil, Royal Dutch Shell, BP and Chevron. They are not only among the most profitable companies in the world but also have immense power and influence. The biggest companies within this group have hundreds of thousands of employees, vast amounts of assets and generate billions in revenue annually.
Big Oil can be thought of as an oligopoly because there are only a limited number of players in an industry that has high barriers to entry such as these companies do due to their size and influence over markets globally.
Integrated Oil And Gas Companies
Integrated oil and gas companies are the companies that produce both oil and gas. They have a wide range of assets and operations throughout the world. These companies are also referred to as supermajors, because they are valued at over $200 billion each.
The integrated oil and gas companies include: ExxonMobil, Shell, Chevron Corp., BP PLC, Total SA (TOT) and ConocoPhillips (COP).
Independents
Independents are companies that aren’t part of a larger organization. They may be smaller than integrated oil and gas companies, and they tend to focus on exploration and production rather than refining and marketing.
Well service companies provide services for companies seeking to extract oil and gas from the ground. Drilling contractors help rig up the equipment needed to drill for and extract oil and gas; equipment suppliers provide that equipment, along with tools used by workers on site (such as wrenches).
Well Services, Drilling, And Equipment Suppliers
Well Services:
- Drilling contractors and drilling companies are in the business of drilling for oil and gas.
- They also provide well maintenance, repair and abandonment services.
- Oilfield services companies include pressure pumping, water hauling, cementing, acidizing and sand control services among others.
Drilling Equipment: The process of drilling wells requires equipment such as pumps, motors, valves and gauges among other tools. These are supplied by companies specializing in oil field equipment manufacturing (also known as a supplier).
The Best Energy Companies
ExxonMobil, Chevron, Royal Dutch Shell, BP and Total are the world’s top oil companies. These companies have a strong presence in the energy field and they are some of the best companies in this sector. Their revenues are also huge. In 2016 ExxonMobil had an annual revenue of $31 billion while Chevron made $27 billion that year.
Alternative Energy Suppliers
The following companies are in the energy field:
- Covanta Energy
- Enviva Holdings
- Enviva Holdings LP
- Enviva Partners LP
- Enviva Partners Holdings LP
You may also want to check out Covanta Energy, which is in the same industry.
Here is the list of the companies you need to know.
_If you want to know what energy companies are out there, this is the place for you. There are a lot of them, and it’s hard to keep track of them all. The list below will help clarify things._
- _Companies in the Alternative Energy Field_:
- A123 Systems Incorporated (NASDAQ:AONE) (Battery Technology)
- Ballard Power Systems Incorporated (NASDAQ:BLDP) (Fuel Cell Technology)
- Boston Power Incorporated (NASDAQ:BPWR) (Li-ion Battery Technology)
- _Companies in the Oil and Gas Field_:
- Apache Corporation (NYSE:APA)(Oil & Gas Exploration & Production)
- ConocoPhillips Company – CNCO(Oil & Gas Exploration & Production)
What type of companies are in the energy sector?
Energy companies are a diverse group and can include:
- Oil and gas companies. These companies extract oil and natural gas from the earth, refine them into their final products, and then sell them to markets.
- Alternative energy companies. These businesses create products that produce electricity using non-conventional sources such as wind turbines or solar panels.
- Energy equipment suppliers. These firms manufacture the machines that help turn crude oil into gasoline or natural gas into electricity for your home by providing parts such as valves, pumps, compressors and heat exchangers to other industries who need them for their operations (such as oil & gas). They can also be involved in manufacturing equipment used for alternative energy production like solar panels or wind turbines.
- Energy service companies – these firms provide services relating specifically to energy generation including maintenance of equipment at power plants etcetera by performing tasks such as maintaining pipes which carry gases into certain areas where they need it most often work closely with engineers because if something goes wrong they’ll know how fix it properly before making sure everything else runs smoothly again!
What are some careers in the field of energy?
There are many careers in the field of energy. If you’re interested in working with renewable energy, there are several different job opportunities available such as:
- Solar installer
- Wind turbine technician
- Biomass engineer
Who are the top energy companies?
ExxonMobil, Chevron, Royal Dutch Shell, BP, Total and ConocoPhillips are some of the world’s largest energy companies.
The following is a list of major players in the energy field:
- ExxonMobil – The world’s largest publicly traded international oil and gas company. Most of its production comes from reserves in Qatar and Indonesia. It also has operations in Brazil and Canada.
- Chevron – One of several large U.S.-based oil producers that operates worldwide with a high degree of integrated control over all phases of its business (exploration through refining). It owns significant proven reserves in Russia as well as more modest ones in Nigeria and Angola among others countries where it has interests; these provide about one third each to global output by value compared with around half for ExxonMobil alone – but far less per barrel produced due to lower prices received for crude vis-a-vis refined products such as gasoline which command higher margins than those available from selling crude itself
Conclusion
The energy industry is one of the most exciting and fastest growing industries in the world. It’s full of opportunities for those who have a passion for innovation and have what it takes to succeed in a competitive environment. If you’re looking for an entry-level job or internship, check out our list above!
