- Joined
- Aug 22, 2008
- Messages
- 428
-Petroleum Intelligence Weekly`s annual list of the world`s top 50 oil companies confirms an alarming trend: The world`s petroleum riches are sliding further into the hands of state-owned oil companies, with Russian and Chinese companies making the biggest gains in the past year, while publicly traded Western oil companies are fighting for a shrinking pie.
-Among the key findings released this week: For all the talk about Canada`s huge oil-sands reserves and their potential, only two Canadian companies, EnCana and Canadian Natural Resources, made the elite list, ranking 34th and 39th, respectively, in the same league as such government-owned lightweights as Colombia`s Ecopetrol and Uzbekistan`s Uzbekneftegas.
-The publication bases its rankings on a combination of oil companies` most meaningful operational data: oil and gas output, reserves, product sales, distillation capacity, revenues, profit, assets and employees.
Link: http://www.financialpost.com/most_popular/...html?id=1027951
-Among the key findings released this week: For all the talk about Canada`s huge oil-sands reserves and their potential, only two Canadian companies, EnCana and Canadian Natural Resources, made the elite list, ranking 34th and 39th, respectively, in the same league as such government-owned lightweights as Colombia`s Ecopetrol and Uzbekistan`s Uzbekneftegas.
-The publication bases its rankings on a combination of oil companies` most meaningful operational data: oil and gas output, reserves, product sales, distillation capacity, revenues, profit, assets and employees.
Link: http://www.financialpost.com/most_popular/...html?id=1027951
