Britain's Most Admired by sector: Oil, Gas and Extractive

--

by
Last Updated: 09 Oct 2013

1 BP 67.1
2 BG Group 67.0
3 Royal Dutch Shell 64.4
4 Xstrata 61.3
5 Tullow Oil 61.2

Britain's biggest company, BP, rises from fourth to first in its sector, and climbs 19 places overall to 7th. In October, it announced a £3bn profit, well ahead of expectations. CEO Tony Hayward has cut £1.8bn from costs and reoriented the group towards emerging markets in the East. In November, BP and Chinese partner CNPC signed Iraq's first big oil deal since the invasion, a £9.1bn joint venture in Rumaila, one of the world's largest oilfields. BG Group comes a close second. Under Frank Chapman, it has cornered the market in LNG and discovered several huge Brazilian oilfields. Xstrata is up two to fourth, despite its failed bid for Anglo-American this year.

Find this article useful?

Get more great articles like this in your inbox every lunchtime

Subscribe

Get your essential reading delivered. Subscribe to Management Today