What companies are in the energy field?
What companies are in the energy field? The companies listed below are part of the energy sector competing to provide you with the best service and lowest prices possible. Each Company has its strengths and weaknesses, so consider your needs carefully before choosing one over another. To help you make an informed decision, read on to find out about the top five companies in the energy sector! So, here are What companies are in the energy field.
What Is the Energy Sector?
The energy sector is an industry that produces and distributes fossil fuels, electricity, renewables, nuclear power, and other types of power. These industries produce almost all of our modern technology. But also they have significant consequences on the environment and impact our world drastically. As a result, there has been a push for renewable energies in recent years.
Energy can be categorized into different sectors, including coal production or production relating to renewables like solar panels or wind turbines. Within these categories, it’s also possible to distinguish between distributors or providers. When it comes to distributors versus providers of energy, this decision largely depends on where you live.
Top 10 companies in the energy field
1) Tesla Motors
Elon Musk founded Tesla Motors, and a company focused on producing electric cars. They have also successfully released their Model S, Model X, and Model 3. When looking for the next release, rumors were swirling that Tesla would be releasing an all-electric semi truck. The truck has now been confirmed to be real and is set to be released this November. Rumors of how much the new truck will cost range from $150,000-$180,000. One cool feature of the new truck is that it can go 300 miles without needing to recharge.
2) ExxonMobil Corporation
The ExxonMobil Corporation is one of the world’s largest oil and gas producers. The Company is headquartered in Irving, Texas, and operates over 200,000 miles of pipeline and 16 oil refineries. ExxonMobil markets its products globally, including aviation fuels, hydrogen-powered cars, high-density polyethylene pipe for oil and gas exploration, and petroleum coke. Synthetic rubber is used to manufacture tires, adhesives, and sealants; lubricant base oils for automobile engine lubrication systems. Ultra-low sulphur diesel fuel is required by environmental regulations starting January 1, 2010, and a range of additives are used to improve equipment efficiencies. Such as air conditioners or refrigerators.
With its headquarters in San Ramon, California, Chevron is one of the world’s largest integrated oil and gas companies. Chevron has a presence in more than 180 countries and territories worldwide. Founded by John D. Rockefeller’s Standard Oil Company (now ExxonMobil) in 1879, Chevron produces about 3 million barrels of crude oil daily. It’s a Fortune 500 company and employs about 80,000 people worldwide – more than 16,000 at Chevron USA alone – with annual revenues exceeding $120 billion last year.
4) NextEra Energy
NextEra Energy, Inc. (NEE) is an electric and gas utility company that trades on NASDAQ. The Company serves customers from its headquarters in Juno Beach, Florida, and through its subsidiaries: Florida Power & Light Company, NextEra Energy Resources, LLC, NextEra Energy Partners LP (NEA), and Union Electric Company d/b/a AmerenUE.
NextEra Energy’s primary business activity is to distribute electricity to about 4.5 million customers across approximately 100,000 square miles of northern and central Florida and southeastern Georgia, with a population of about 17 million. In addition, NextEra’s service territory includes 14 counties on the state’s Gulf Coast and 31 counties in central and north Florida.
5) General Electric Company
For over 100 years, General Electric has been providing innovative power solutions to customers. They have evolved from one of the original innovators of electrical generation to a digital pioneer transforming power plants into flexible power platforms that offer unprecedented levels of operational intelligence and efficiency. The General Electric name is behind some of the most legendary innovations that transformed the industry. Such as incandescent light bulbs, electric locomotives, gas turbines, medical imaging equipment, and large-scale integrated circuits. They employ over 300,000 people across more than 60 countries.
ConocoPhillips is also an American multinational oil and gas exploration company headquartered in Houston, Texas. The Company’s operations also focus on upstream exploration and production activities. ConocoPhillips was ranked 27th on the 2012 Fortune 500 list of the largest United States corporations by total revenue. In 2011, it was ranked one of America’s top 10 oil, gas, and natural-gas producers, based on natural-gas production (2.8 trillion cubic feet).
7) Dominion Energy
Dominion Energy is also an electric utility company that supplies electricity to 2.6 million people in Virginia, Maryland, and North Carolina. The Company was formed in 1947 by merging Southern Power Company and Richmond Power & Light Company. They generate electricity using coal-fired power plants and nuclear plants.
Dominion Energy has been named one of Fortune’s 100 Best Companies to Work For for fourteen consecutive years. In 2017, they were ranked 23rd on the list out of 100 companies across the US. In addition, Employees can choose their career path with a diverse workforce that includes technical workers, sales reps, customer service associates, accountants, and more!
8) Duke Energy
Duke Energy is also the largest electric power holding Company in North America and a Fortune 500 company. It provides its customers with electricity generation, transmission, distribution, customer services, and economic development. Duke Energy serves approximately six million residential, commercial and industrial customers in Ohio and Kentucky.
Duke Energy came about after years of mergers and acquisitions between various other power companies, such as Indiana & Kentucky Utilities (KU), Indiana Power & Light (IPL), and Kentucky Utilities Company (KUC), as well as some smaller acquisitions from other companies. In addition to generating electricity, Duke Energy also provides businesses with natural gas pipelines through their subsidiary Ohio Valley Electric Corporation (OVEC).
9) EOG Resources
EOG Resources, Inc. (EOG) is also an independent exploration and production company with operations in the United States, the Middle East, Latin America, and Europe. It is also engaged primarily in acquiring and developing oil and natural gas properties. The Company’s strategy is to be a low-cost producer with a diversified portfolio of liquids-rich growth opportunities across multiple geographical areas. Founded on April 24, 2000, EOG Resources became public on May 29, 2005. It employs approximately 2,300 people globally.
10) Marathon Petroleum
Marathon Petroleum Corporation is an American oil and gas corporation with more than 800 service stations located across Canada and the United States. Marathon owns exploration and production assets primarily in Canada and the United States, headquartered in Houston, Texas. The Company also produces natural gas. Marathon Oil Corporation was founded in 1888 by John D. Rockefeller’s Ohio-based Standard Oil Company of Ohio, controlled by members of John D.