What will all top 10 oil companies do in 60 years?

However, oil companies may be smaller, and will be extracting almost exclusively unconventional oil, such as tar sands and oil shale. This requires more equipment, more technology, and more cost, but is perfectly viable in the foreseeable long term. read more

In 60 years all the oil companies will be merrily drilling and pumping away. (In fact, thousands of oil wells producing today will still be going.) However, oil companies may be smaller, and will be extracting almost exclusively unconventional oil, such as tar sands and oil shale. read more

The company is recognized as the largest annual oil refiner in all of Asia, despite only producing a quarter of the crude oil output of its rival PetroChina. In just 15 years, Sinopec has partnered with or acquired a large number of oil and gas companies all over the world, consolidating its rise to become the largest oil and gas company as it provides fuel for a rapidly growing Chinese economy. read more