OGJ100 group posts lower 2013 earnings

09/01/2014
Conglin Xu Senior Editor-Economics Leena Koottungal Survey Editor Oil & Gas Journal's survey of the 100 leading oil and gas producing firms based outside the US reveals that 2013 net income and revenues fell modestly from 2012 results in most regions except Canada. Average Brent crude oil prices edged down and some countries experienced production outages during the year. Again, there were only a few changes among the leaders in oil production and reserves, as shown in Table 1, with national oil companies dominant. The OGJ100 list allows for comparison of the size and performance of prominent companies throughout the world. However, for many of the national oil companies in the repor...
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