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BP remains leader in total assets.(Annual Reports)(petroleum industry statistics)
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National Petroleum News
- Article date:
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July 15, 2004
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Copyright informationCOPYRIGHT 2004 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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THE 2003 RANKING OF MAJOR OIL companies shows that BP is still in first place with ExxonMobil narrowing the gap by half. In 2002, ExxonMobil trailed behind BP by $6.4 billion. The 2003 rankings indicate that ExxonMobil is striving to regain its No. 1 place by decreasing the gap in total assets to $3.2 billion.
While Shell remains at number three in total assets, it is clear that any past threat was eliminated in 2003 for the No. 2 spot. In 2002, ExxonMobil and Shell were in very close competition for number two in total assets, but 2003 shows the gap between the two companies increasing. Both ExxonMobil and Shell gained over $15 billion in assets in 2003, but Shell still ...
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