|
Reliance Industries Limited (RIL) has left behind State-owned Oil and Natural Gas Corporation (ONGC) to become India’s highest ranking Energy Firm in the global ranking of energy companies. Mukesh Ambani owned RIL jumped up 8 places from its 2012 rank to climb to number 19 in the 2013 edition of Platts Top 250 Global Energy Company Rankings. The Platts Top 250 Global Company Rankings list the top 250 companies in the energy domain. These rankings recognise the efforts and accomplishments of the energy firms. The number one ranked company for the year 2013 was Exxon Mobil. Another American company, Chevron Corp came in second. Oil and Petroleum majors dominate the list as usual. Royal Dutch Shell of the Netherlands, Russia’s Gazprom and Statoil of Norway complete the top five in the list. Platts is a part of the McGraw-Hill Companies and the Top 250 Global Energy Company Rankings are based on data metrics and analysis done by Standards & Poor Capital IQ; which like Platts, is a part of the McGraw-Hill Companies. Energy Firms from India and the Asia-Pacific Region as a whole have been gaining ground over their competitors from Europe and North America for the last decade or so. Hence, since 2005, regional breakdowns by industry were added to the list to capture the growth of emerging markets and to showcase top performers by region and industry. This is evident in the number of Indian companies seen in the latest edition of the rankings. Oil and Natural Gas Corporation retained its 22nd rank while Coal India moved up to number 43 from 48 in 2012. NTPC jumped 13 positions to 49 from 62 in 2012. Oil refining and marketing company Indian Oil Corp improved two positions to rank at number 80 while gas utility GAIL Indiamoved up four notches to 105. Cairn India, which held the 121st position, moved up to 109 this year. Bharat Petroleum moved up a spectacular 59 positions to 119 from 178. Other Indian firms featuring in the 250 listing include Power Grid Corp (ranked 139), Reliance Infrastructure (163), Hindustan PetroleumBSE 1.90 % Corp (177), NHPCBSE 0.27 % (197) and Essar Energy (229th position).
Related Articles -
Mukesh Ambani, RIL, Reliance, Reliance Industries,
| 
