Exxon loses crown to PetroChina

BBC Thursday 29th March, 2012

US giant Exxon Mobil has lost its crown as the world's biggest listed producer of oil to PetroChina, figures suggest. The Chinese firm said it produced 886.1 million barrels of oil last year - the equivalent of 2.43 million barrels a day. In January, Exxon said it produced 2.3 million barrels a day. Exxon's production fell in 2011 by 5%, while Pe...

Read more

Share this article:
Back to Toronto Telegraph

Comments

  • No comments yet for this story

  • Have your say

    • By submitting your comment you agree to our terms and conditions

    Featured Story

    Monday's deadly tornado in the central U.S. state of Oklahoma struck in an area commonly known as "Tornado Alley" - home to most of the nation's tornadoes.

    ...

    Record Your Vote

    Do you take the threat of North Korea seriously?

    View results

    On Facebook

    Reported in the press

    Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.

    David Beckham

    The world's best known footballer was speaking after formally announcing his retirement.