Global crude oil companies
The company produces approximately 7% of the world’s total crude oil, with proven reserves of about 111BBOe. At the end of 2018, KPC announced an investment plan worth approximately $115bn, as part of its intention to increase oil production to 4mbbl/day by 2020. The top 25 oil and gas companies on the Forbes Global 2000 earned $144.6 billion on sales of $2.9 trillion during the list's 12-month measurement period, way up from $73 billion in earnings on sales of $2.2 trillion the previous year and $81 billion in earnings on sales of $2.6 trillion the year before that.