In 2024, Brazilian state-owned oil company Petrobras was the leading oil and gas company in Latin America, based on annual sales, with 91.42 billion U.S. dollars worth of revenue that year. Mexico's Pemex followed, with 82.5 billion U.S. dollars of sales revenue that year.
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Sales revenue of selected oil and gas companies in Latin America in fiscal year 2024
(in billion U.S. dollars)
* Figures calculated by Statista from Colombian pesos assuming one COP to 0.00023 USD as on December 31, 2024. ** Calculated from Brazilian real assuming one BRL to 0.1617 USD on December 31, 2024.
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Statista. (May 31, 2025). Sales revenue of selected oil and gas companies in Latin America in fiscal year 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 18, 2025, from https://www.statista.com/statistics/979044/leading-oil-companies-sales-latin-america/
Statista. "Sales revenue of selected oil and gas companies in Latin America in fiscal year 2024 (in billion U.S. dollars)." Chart. May 31, 2025. Statista. Accessed December 18, 2025. https://www.statista.com/statistics/979044/leading-oil-companies-sales-latin-america/
Statista. (2025). Sales revenue of selected oil and gas companies in Latin America in fiscal year 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 18, 2025. https://www.statista.com/statistics/979044/leading-oil-companies-sales-latin-america/
Statista. "Sales Revenue of Selected Oil and Gas Companies in Latin America in Fiscal Year 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 May 2025, https://www.statista.com/statistics/979044/leading-oil-companies-sales-latin-america/
Statista, Sales revenue of selected oil and gas companies in Latin America in fiscal year 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/979044/leading-oil-companies-sales-latin-america/ (last visited December 18, 2025)
Sales revenue of selected oil and gas companies in Latin America in fiscal year 2024 (in billion U.S. dollars) [Graph], Statista, May 31, 2025. [Online]. Available: https://www.statista.com/statistics/979044/leading-oil-companies-sales-latin-america/
