Shell and other oil majors slip down in energy rankings
Written by Rita Brown – 02/10/2016 6:09 pm
Shell was one of a handful of oil majors, which tumbled down the charts for this year’s Platts Top 250 Global Energy Company Rankings.
The survey considers four metrics – revenues, profits, return on invested capital and asset worth.
Shell, Chevron and ConocoPhillips all missed out on top 10 spots.
Shell slid 28 places to 31st on the list, Chevron fell 15 spaces to the 17th and ConocoPhillips tumbled a whopping 122 places, falling from seventh to the 129th spot.
“One of the biggest trends for the year has been the impact on the energy sectors most exposed to falling oil and gas prices,” Platts said in the 2016 edition of its Platts Top 250 Global Energy Company Rankings.
“The oil price downturn has devastated the earnings and profits of oil and gas producers, while downsizing and the lower price deck have shrunk asset values. At their expense, gas, power utilities and refiners have seen their prospects lifted.”
Exxon retained its first place ranking from last year thanks $16.2billion in earnings and $237billion in revenue. Korea Electric Power claimed the second spot on the list – a meteoric rise from last year’s 41st ranking.
Refiners made out best this year with Marathon Petroleum and Reliance Industries both making their top 10 debut.
“No less than four refiners now sit in the leaderboard, twice that of the previous year,” added.
RELATED ARTICLES
- Oil giants find there’s nowhere to hide from doomsday market
- The unloved business saving Big Oil from low energy prices
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
