The industry is often divided into three segments: upstream, the business of oil and gas exploration and production; midstream, transportation and storage; and. downstream, which includes refining and marketing..
What are the major oil companies?
The World Benchmarking Alliance is a non-profit organisation that assesses and ranks the world's most influential companies on their contribution to the Sustainable Development Goals..
What is benchmarking in oil and gas?
In the ever-changing oil and gas industry, efficiency and cost-effectiveness have an increased role in the business of sustainable performance, benchmarking has emerged as a crucial tool for operators and regulators, to identify performance gaps and opportunities for improvement..
What is the oil and gas benchmark 2023?
The 2023 benchmark is the second iteration since the benchmark was launched in 2021. The assessment combines the ACT (Assessing low Carbon Transition) Oil & Gas methodology and the WBA social and just transition indicators..
What is the World Benchmarking Alliance?
Saudi Aramco is the world's largest integrated oil and gas company and its stock is not traded in the United States.
1Saudi Arabian Oil Co. ( Saudi Aramco) 2China Petroleum & Chemical Corp. ( SNPMF) 3PetroChina Co. Ltd. ( 4Exxon Mobil Corp. ( XOM) 5Shell PLC (SHEL) 6TotalEnergies SE (TTE) 7Chevron Corp. 8) BP PLC (BP).
Which is the world's largest oil producing company?
Saudi Aramco is the world's largest oil company based on daily oil production. In the 2022 fiscal year, Saudi Arabia's state-owned oil company reported a crude oil output of some 13.6 million barrels per day..
Why is benchmarking important for companies?
Benchmarking is important because the process is focused on using evidence and data to illuminate areas for continuous growth and improvement. It can also help you see that as a business scales, needs will evolve as well..
Gazprom, Rosneft Oil Co, BP Plc, Lukoil Oil Co, and TotalEnergies SE are the top 5 Integrated Companies in Europe in 2021 by reserves.
The World Benchmarking Alliance Climate and Energy Benchmark measures and ranks the world's 100 most influential oil and gas companies on Total rankingCompaniesMethodologyAbout
Ranking overview
Neste. Total score. 56.0 /100. ACT.
ENGIE. Total score. 49.6 /100. ACT.
TotalEnergies. Total score. 45.3 /100. ACT.
Naturgy Energy. Total score. 43.9 /100. ACT.
Eni. Total score. 42.2 /100. ACT.
Origin Energy. Total score. 41.8 /100. ACT.
Galp Energia. Total score. 37.1 /100. ACT.
Repsol. Total score. 33.7 /100. ACT.
It helps operators and regulators answer critical questions such as "How are we performing within the global context?", “What assets are underperforming?” and "Where should we focus our efforts and resources?"Benchmarking solves these challenges by enabling operators to discover their assets' potential performance
Benchmarking oil companies
Oil and gas field in east Texas
The East Texas Oil Field is a large oil and gas field in east Texas. Covering 140,000 acres (57,000 ha) and parts of five counties, and having 30,340 historic and active oil wells, it is the second-largest oil field in the United States outside Alaska, and first in total volume of oil recovered since its discovery in 1930. Over 5.42 billion barrels (862,000,000 m3) of oil have been produced from it to-date. It is a component of the Mid-continent oil province, the huge region of petroleum deposits extending from Kansas to New Mexico to the Gulf of Mexico.
Software company in Luxembourg
UNIGINE Company is a multinational software development company headquartered in Clemency, Luxembourg. It is known for developing the UNIGINE Engine proprietary cross-platform middleware and advanced GPU benchmarks.
The East Texas Oil Field is a large oil and gas
Oil and gas field in east Texas
The East Texas Oil Field is a large oil and gas field in east Texas. Covering 140,000 acres (57,000 ha) and parts of five counties, and having 30,340 historic and active oil wells, it is the second-largest oil field in the United States outside Alaska, and first in total volume of oil recovered since its discovery in 1930. Over 5.42 billion barrels (862,000,000 m3) of oil have been produced from it to-date. It is a component of the Mid-continent oil province, the huge region of petroleum deposits extending from Kansas to New Mexico to the Gulf of Mexico.
Software company in Luxembourg
UNIGINE Company is a multinational software development company headquartered in Clemency, Luxembourg. It is known for developing the UNIGINE Engine proprietary cross-platform middleware and advanced GPU benchmarks.
