Recently, Brand Finance, an international brand value authority, announced the top 50 global oil and gas companies in brand value in 2019. Shell's brand value increased by 7.3% over the previous year to $42.3 billion, ranking first in the list.
There are three enterprises in China. PetroChina still ranks second, with brand value increasing 18% to 36.8 billion US dollars, while Sinopec ranks third with brand value increasing 23.3% to 29.1 billion US dollars. China's offshore oil ranks 21.
According to this year's ranking data, the total value of 50 major brands is 342.2 billion US dollars. Among them, the total value of American brands is 80.9 billion US dollars, accounting for 23.6%, while that of Chinese brands is 59 billion US dollars, accounting for 17.2%. They were followed by the Netherlands (10.8%), France (6.6%), Russia (5.4%) and the United Kingdom (5.0%).
In addition, this year's ranking has several characteristics: the brand value of national oil companies is growing faster than that of international oil companies; oil and natural gas brands are generally respected by users and the market in this industry; new faces appear in the ranking, Abu Dhabi National Oil Company ranked 12th for the first time.