
Reliance becomes India’s leading energy company
Displaces state-owned ONGC in global rankings. Reliance Industries, Ltd improved eight positions to grab the 19th position on Platts Top 250 Global Energy Company Rankings for 2013. Oil and Natural Gas Corporation (ONGC) retained its 22nd place ranking, the position it had in 2012. RIL improved from 27th place.
This year's list is headed by Exxon Mobil Corporation with Chevron Corporation in second place. Next in line are Royal Dutch Shell, Russia's Gazprom, Statoil of Norway, Total of France and Lukoil of Russia. Chinese firm PetroChina is at number 8 while the UK's BP Plc is number 11. The 2013 rankings reflect fiscal 2012 financial performance in four key areas: asset value, revenue, profit and return on invested capital.