Energy Intelligence Top 50: How the Firms Stack Up

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Energy Intelligence's ranking of the world's 50 largest oil companies is based on operational data from over 130 firms. The focus on operations permits meaningful comparisons of all types of companies — including state-owned firms — and thus differs from more financially oriented corporate rankings. This unique system, which has been used for over 30 years, uses oil and gas reserves, oil and gas production, refinery distillation capacity and product sales volumes as ranking criteria.

Corporate Strategy
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The long-term future is net zero, but the European majors are figuring out the best path to get there as oil demand remains resilient.
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Oilfield service companies in Russia expect reduced demand from customers as a result of Moscow's decision to scale back crude production.
Fri, Mar 24, 2023
The company's spending plans for the next five years put it in a similar league to Western majors, with growth in LNG a key focus.
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