RIL, ONGC, CIL among top global energy companies: Platts
ONGC, Reliance Industries and Coal India are among the 12 Indian companies ranked in the top 250 global energy firms, according to Platts survey.business Updated: Oct 24, 2012 22:16 IST
ONGC, Reliance Industries and Coal India are among the 12 Indian companies ranked in the top 250 global energy firms, according to Platts survey.
The Platts 'Top 250 Global Energy Company Rankings', now in their 11th year, are based on data compiled and maintained by S&P Capital IQ, which, like Platts, is a part of The McGraw-Hill Companies.
Platts is a global energy, petrochemical and metal information service provider.
While ONGC is ranked 22, Reliance Industries and Coal India are placed at 27 and 48 spot, respectively.
Other Indian firms that feature in the list are NTPC (62), Indian Oil Corporation (82), GAIL (109) Bharat Petroleum (178), Cairn (121), NHPC (195), Hindustan Petroleum (212), Power Grid (172) and Reliance Infrastructure (215).
The awards were announced here last night. The 2012 rankings reflect fiscal 2011 financial performance in four key areas: asset value, revenues, profits and return on invested capital (ROIC), it said.
American energy company ExxonMobil maintained its number one position in the list for the eight year in the row.
Royal Dutch Shell took the second spot, followed by Chevron Corp, BP Plc, OJSC Gazprom, Statoil, Total and ConocoPhillips. Chinese major PetroChina came in on the ninth spot with Roseneft Oil on the tenth spot.
Of the 12 Indian companies in the global Top 250 list, half appeared on the 50 Fastest Growing list. Cairn India took the top spot in this list with a three-year CGR of 119.8%, Platts said.
Other Indian companies ranked in the fastest growing list are Mukesh Ambani's Reliance Industries (13), NTPC (26), Anil Ambani-led Reliance Infrastructure (31), Power Grid (34) and GAIL (37).
Platts President Larry Neal said the Asian companies were outperforming themselves year after year, which reflected the enormous growth and energy demand potential in the region.
From the Asia region, China had 23 companies in the Top 250 list compiled by Platts.