OGJ100 group posts higher 2012 output, lower earnings

Conglin Xu Senior Editor-Economics Leena Koottungal Survey Editor/News Writer The latest compilation of the top 100 oil and gas producers outside the US reported much weaker financial results for 2012, as a result of a weak economy, higher costs, and sluggish energy prices. This year's top 20 companies in liquids production and liquids reserves are the same as those in the previous editions of the OGJ100, reflecting the continuous dominance of state-owned companies. The leading nongovernment company in both production and reserves is BP PLC, which ranks No. 12 in production and No. 15 in reserves. With its inclusion of financial and operating information from major non-US oil and gas prod...

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