International Oil Company

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An International Oil Company (IOC) is an oil company that is majorly private owned. IOCs are opposed to National Oil Companies (NOCs), which have become increasingly dominant in the international petroleum market.

The world's leading IOCs include ExxonMobil, BP and Royal Dutch/Shell.

[edit] See also

• List of petroleum companies

[edit] External links

• www.gasandoil.com/GOC/features/fex24404.htm