OGJ100 group posts lower 2009 earnings, output

Oil & Gas Journal's survey of the 100 leading oil and gas producers based outside the US reveals that for 2009, most of the firms posted much weaker financial results from 2008 as reduced worldwide demand lowered oil and natural gas prices, especially through the first 9 months of the year.The OGJ100 list of oil and gas producers shows the size and results of the entities for which financial results and production and reserves data are available. For many of the national oil companies in the report, no 2009 information on assets, revenue, earnings, or capital expenditures is available. The 100 companies are grouped by region according to locations of corporate headquarters, and only t...

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