Top 5 Independent Oil and Gas Companies in the World

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1. Koch Industries 

2022 Revenue: $125 billion

Founded in 1940 in Kansas, United States, Koch Industries now ranks #2 on Forbes 2022 list of America’s largest private companies. The Koch family, which owns the company and its subsidiaries, is named America’s second richest family and has a net worth of $100 billion.

Their primary functions within the oil industry include manufacturing, refining, and distribution of petroleum and its associated goods. With an estimated annual revenue figure exceeding $125 billion, Koch Industries has expanded its business to more than 70 countries across the world. Their estimated production capacity is 800,000 barrels per day.

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