Non-State Companies Chipping Away At State Companies' Dominance Of OGJ100 reserves, production

The latest compilation of the top 100 oil and gas companies outside the U.S. reflects the continuing dominance of state-owned companies in terms of reserves and production.At the same time, a continuing trend toward privatization and mergers of huge companies is eroding that dominance.With its inclusion of financial and operating information from major non-U.S. oil and gas companies around the world, the OGJ100 list makes it possible to compare the size and performance of prominent companies throughout the world. However, many of the state-owned oil and gas companies only report production and reserves information and do not report financial data. Therefore, the companies are not ranked b...

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