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Being the biggest oil company in Russia, Rosneft is also the largest publicly traded company in the world based on its hydrocarbon production volume. BP holds a 19.75 % share in Rosneft which makes it a beneficiary to a broad range of existing and future projects in Russia, a country that has huge hydrocarbon resources.
Some oil analysts believe that Ghawar passed its peak perhaps a decade ago, but Saudi Arabiaâs infamous lack of transparency keeps everyone guessing. Nevertheless, it remains the worldâs largest oil field, both in terms of reserves and production. It continues to produce 5 million barrels per day (bpd). 2. Burgan (Kuwait) Just behind Ghawar is another massive oil field located in the Middle East.