(Integrated Oil Companies Top Annual List Due To High Oil Prices; Asian
Company Representation and Performance Steady to Rising)
SINGAPORE, Sept. 13 /CNW/ -- Major oil and gas companies have
consolidated their position as the world's most effective energy businesses,
dominating the rankings in the annual Platts Top 250 Global Energy Companies,
announced Thursday night.
In an environment of continued high oil prices and climbing global
demand, Exxon Mobil, BP and Royal Dutch Shell kept hold of the leadership
spots, the definitive Platts rankings showed. Indeed, the only non-oil and gas
companies to break into the top twenty positions were French super-utilities
EDF Energy and Suez, placing 14th and 20th, respectively.
The Platts Top 250 scores the world's top performing energy companies on
a combination of assets, revenues, profits and return on invested capital.
Platts announced this year's rankings at a gala dinner in Singapore to
celebrate Asian winners in the Top 250, and Asia's growing prominence in the
list. The dinner was attended by almost 200 energy executives from around the
world. Singapore Minister of State for Trade and Industry Mr. Lee Yi Shyan
presented the evening's keynote address on the challenges facing Asian energy
Best performing Asian energy business was Petrochina, which placed sixth
worldwide, and ahead of many long-established western energy companies.
Petrochina's oil output puts it on the same footing, in terms of scale, as
medium-sized OPEC producers; and, measured on profits alone, it is the fourth
most successful energy company in the world. Second, third, fourth and fifth
in Asia were China Petroleum & Chemical Corp (Sinopec), India's Oil & Natural
Gas Corporation, Thailand's PTT, and CNOOC from Hong Kong.
The best performers in Europe, Africa and the Middle East were BP, Shell,
Total, Norway's Statoil and Italy's ENI, in that order. In the Americas, Exxon
Mobil, Chevron, Brazil's Petrobras, ConocoPhillips and Valero Energy topped
"Platts is proud to be bringing the energy and investment communities its
highly respected Top 250 Energy Company rankings for the sixth year in a row,"
said Victoria Chu Pao, Platts president. "Under the current volatile and
competitive market environment, this year's rankings are more important than
ever in highlighting the truly world class performers in the energy industry.
We congratulate all those businesses that have made our Top 250 list."
For the first time in the rankings' history, Platts also scorecarded a
Fastest-Growing Companies roster, an elite list of companies setting the pace
in revenue growth terms. In particular, Asia's standouts in growth were China
Resources Power Holdings with a 3-year compounded growth rate (CGR) of 131
percent, PT BUMI Resources of Indonesia at 65 percent growth, and Inpex
Holdings of Japan with 52 percent growth.
The strongest performing utilities in the world were all from Europe. In
addition to EDF and Suez, Germany's E.ON, Gaz de France, Italy's Enel,
Belgium's Electrabel and the UK's BG Group all crowded into the top 30 of the
All ranked companies have assets greater than (US) $2 billion and must be
publicly listed companies. The underlying data come from the Compustat
database, which is compiled and maintained by Standard & Poor's (like Platts,
a division of The McGraw-Hill Companies).
Asia Top 10 Fastest Growing Companies
Rank State or 3 yr CGR Rank
2007 Company Name Country Industry Revenues 2007
1 China Resources Power Holdings Hong Kong IPP 130.911 249
2 PT BUMI Resources TBK Indonesia C&CF 65.354 245
3 Inpex Holdings Inc. Japan E&P 51.748 109
4 Caltex Australia Ltd. Australia R&M 39.672 139
5 PTT Exploration & Production Thailand E&P 36.464 136
6 Datang Power China IPP 35.646 201
7 China Petroleum & Chemical Corp. China IOG 35.029 15
8 PTT PCL Thailand IOG 34.946 27
9 China Yangtze Power Co. China IPP 32.323 212
10 Irpc PCL Thailand R&M 31.507 231
No.1 in Asia by Industry
Platts Rank State or
Industry 2007 Company Name Country
IOG 6 Petrochina Co. Ltd. China
E&P 23 Oil & Natural Gas Corp. Ltd. India
R&M 39 Reliance Industries Ltd. India
C&CF 58 China Shenhua Energy Co. Ltd. China
EU 62 Tokyo Electric Power Co. Inc. Japan
IPP 103 NTPC Ltd. India
GU 105 Tokyo Gas Co. Ltd. Japan
DU 186 AGL Energy Australia
For the complete Platts Top 250 Global Energy Companies list, visit:
http://www.platts.com/top250/ . There you will find the list, including
details of the four factors that make up the Top 250 score with rankings by
region and sector--as defined by Standard & Poor's Global Industry
Classification Standard (GICS) -- and a company snapshot. Ranking recognition
is also by growth rate by sector and region. Note: CCF = coal and combustible
fuels, S&T = storage & transfer, R&M = refining & marketing, IPP = independent
power producers, IOG = integrated oil & gas, GU = gas utilities, E&P =
exploration & production, EU = electric utilities, DU = diversified utilities,
CGR = compounded growth rate.
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