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Energy Intelligence announces the PIW Top 50 ranking of the world's largest oil companies
Energy Intelligence is delighted to announce this year’s rankings of the world’s 50 largest oil companies by Petroleum Intelligence Weekly (PIW) which sees Russia’s Gazprom moving ahead of international majors Chevron and Total to eighth place
November 18, 2013
Russia and US Shale Reshape Latest Annual Ranking of the World’s 50 Largest Oil Companies from Petroleum Intelligence Weekly
Energy Intelligence is delighted to share this year’s rankings of the world’s 50 largest oil companies by Petroleum Intelligence Weekly (PIW). The ranking sees Russia’s Gazprom moving ahead of international majors Chevron and Total to eighth place, while Rosneft climbed three places and is poised to enter the top 10 following its acquisition of TNK-BP earlier this year. Saudi Aramco remains in the top spot, followed by Iran's NIOC and Exxon Mobil.
This year’s rankings also demonstrate the impact of the US shale revolution for the first time, with a number of large US independents doing especially well due to their shale exposure. Chesapeake broke into the PIW Top 50 for the first time and Apache, Devon, Occidental and Anadarko all made solid gains, albeit from the bottom third of the list. These companies have all managed to improve their performance despite low natural gas prices, write-downs of gas reserves and sales of assets as they refocused investment on higher-value liquids plays.
By contrast to the dynamic performance of some key national oil companies and US independents, the international majors are not keeping up. While Chevron and Total declined in the rankings, Exxon Mobil, BP and Royal Dutch Shell stood still.
We have produced an infographic of the report, which highlights some of news stories from the ranking and we are delighted to share. Simply follow this link to view the infographic and embed code: http://www2.energyintel.com/
The PIW Top 50 ranking has an unrivaled pedigree, having been executed annually for the last 25 years. The ranking is based on six operational criteria and, unlike other corporate ranking systems in this industry, it allows for comparisons of both national oil companies and private sector firms. These Top 50 companies represent over 70% of global oil production and fully two-thirds of global refined product sales, making these rankings truly comprehensive and global. The rankings are based on 2012 data, the latest annual figures available.
View the ranking here: http://www2.energyintel.com/
This unique ranking system is produced for Energy Intelligence’
Notes to Editors
• The full ranking can be viewed at http://www2.energyintel.com/
• If you would like to discuss the PIW Top 50 Ranking of the world’s oil companies further please contact either Tom Wallin, Editor in Chief, Energy Intelligence, New York, tel: +1 646 616 0805 or email: email@example.com or Jim Washer, Editor, Petroleum Intelligence Weekly, London, +44 (0)20 7518 2227 or email firstname.lastname@example.org
• For general inquiries about this release or any Energy Intelligence products and services please contact Helen Reddick, Marketing Manager, Energy Intelligence, London tel: +44 (0)20 7518 2239 or email: email@example.com
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About Petroleum Intelligence Weekly
Setting the standard for international energy journalism for more than five decades, Petroleum Intelligence Weekly provides concise coverage and analysis of significant developments within the global oil and gas industry. This information service delivers the expert insight critical for informed decision-making within the global energy environment.
For more about Petroleum Intelligence Weekly visit: http://www.energyintel.com/
About the Energy Intelligence Top 100: Global NOC & IOC Rankings
This is an online service from Energy Intelligence Research & Advisory covering an additional 50 companies and providing over 70 additional criteria as well as the capability to analyze and compare the performance of all ranked companies. The ranking has just been updated and the Executive summary of the ranking can be seen here: http://www2.energyintel.com/
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