22. Gazprom
Rank: 22 (Previous rank: 47)
CEO: Alexei B. Miller Employees: 456,000 Address: 16 Nametkina St. Moscow, 117997 Country: Russia Website: www.gazprom.com As the world's largest producer of natural gas, the Russian state-controlled energy giant saw its share price tumble 75% when natural gas prices fell after five years of highs. The company ended 2008 with about $50 billion in debt and recently said it plans to cut capital spending by 22% to $16 billion. But it's investing billions of dollars into new fields on the Yamal Peninsula in an effort to tap unused, remote areas. Gazprom ended the year in a nasty dispute (again) with Ukraine over natural gas bills that left many people in Europe literally shivering. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industry: Energy
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| Company | 2008 Number of Employees |
|---|---|
| Wal-Mart Stores | 2,100,000 |
| China National Petroleum | 1,618,393 |
| State Grid | 1,537,000 |
| Company | 2008 Profits ($ millions) |
|---|---|
| Exxon Mobil | $45,220 |
| Gazprom | $29,864 |
| Royal Dutch Shell | $26,277 |
FAQ and methodology
All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More
