Rank: 9 (Previous rank: 12)
CEO: Ryan M. Lance
Address: 600 N. Dairy Ashford Rd.
Houston, Texas 77079
ConocoPhillips has a strategy for success: less is more. The company continued to shed the remainder of its LUKOIL assets in 2011 and shifted its focus toward assets that give the highest returns. In addition to reducing its debt by nearly $1 billion, ConocoPhillips increased its revenues by 26%, up from $198.7 million in 2010, according to its annual report. -- S.J.
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|Company||2011 Number of Employees|
|China National Petroleum||1,668,072|