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BP moves to the top in total assets.(Annual Reports)
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National Petroleum News
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July 15, 2003
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Copyright informationCOPYRIGHT 2003 Adams Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Whether it's a one-year blip, or an indication of things to come remains to be seen, but when ranking the major oil companies by total assets for 2002, a new name appears at the top of the list: BP.
After years of ExxonMobil ruling the roost, BP surged ahead in 2002 with over $159 billion in total assets, up from $143 billion in 2001. In fact, ExxonMobil, with nearly $153 billion in total assets, found itself also threatened by Shell for the second spot. Shell saw the value of its total assets increase from $111 billion to over $152 billion.
Elsewhere, the results weren't nearly as noteworthy. In fact, the third through sixth companies in total assets in 2001--Shell, ...
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