Emerging Market Companies Gain on Majors in PIW Top 50

摘要

Divestitures and acquisitions played a much more significant role in altering the oil industry leadership landscape in 2010 than organic growth, according to the annual ranking of the world’s top 50 oil companies published this week by Oil Daily sister publication Petroleum Intelligence Weekly. The standings reaffirmed the continued importance of the so-called supermajors — ExxonMobil, BP, Royal Dutch Shell, Chevron and Total — which held onto their spots in the top 10. But companies in developing countries like China have been racing to catch up, moving up in the rankings as they grew their operations through billions of dollars in strategic acquisitions.