The top 10 global oil brands of 2018 have been announced! CNPC and Sinopec rank among the top three in the world

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Just now, the globally renowned brand rating agency Brand Finance released its list of the top 500 most valuable brands in the world for 2018. Which oil company’s brand is the most “valuable” in the world? Let’s take a look together. Brand Value: Top 500 Brands – Petroleum Companies, 2,000 words | Recommended reading time: 4 minutes. Article by Lin Tianhu. In February 2018, the world-renowned brand valuation agency Brand Finance released its list of the top 500 brands in terms of value for 2018. The latest list of the world’s top ten oil brands has also been released. Founded in 1996, Brand Finance has been releasing the \"Top 500 World Brands\" for many years, making it one of the most important rankings in the global business world. The companies that make it onto this list are the most outstanding in various industries. Which oil companies made it onto this list this year? Let’s take a look together. ◆◆◆ 1st place: Shell Oil. Ranking on the Fortune Global 500: 23rd. Shell has once again claimed the top spot as the most prestigious brand in the global oil industry. This is thanks not only to the previous acquisition of BG Company but also to Shell’s ongoing projects in the energy sector. Over the past year, Shell has not only discovered new resources in deep-water oil and gas fields but has also made new investments in new energy sectors such as electric vehicles, hydrogen energy, and solar power, thus maintaining its leading brand influence. ◆◆◆ 2nd place: Sinopec. Its ranking on the Fortune Global 500 list is 35. This year, Sinopec overtook Sinopec in terms of ranking and rose to second place in the world. In addition to its strong domestic operations, CNPC has also shone brightly on the international stage this year. This year, CNPC has competed on overseas markets against top oil companies on multiple occasions and secured large-scale international projects, which has contributed significantly to enhancing its brand value. ◆◆◆ 3rd place: Sinopec. Ranking on the World’s Top 500 Brands: 48. Sinopec remains the world’s largest listed oil company as well as the world’s largest refining company. Sinopec has the second-largest number of gas stations in the world, only behind Shell, thus maintaining its position among the top three. In 2017, Sinopec engaged in numerous new international collaborations; for example, it signed a cooperation agreement with Saudi Basic Industries Corporation and reached a cooperation deal worth hundreds of billions of dollars with Alaska in the United States. A series of international collaborations have significantly enhanced its brand strength. ◆◆◆ 4th place: Total. Ranking on the World’s Top 500 Brands: 58. This European oil giant has seen its ranking rise from 7th last year to 4th this year. In the ranking of the top 500 brands in terms of value, it is also one of the few oil companies to see an increase in its rank. Looking back at Datalog’s 2017, the company indeed made many moves that shocked the world. In 2017, Total became the first company to return to invest in Iran, spending $7.5 billion to acquire Maersk Oil; large oil fields it operates in Brazil began producing oil. These significant moves were key factors behind its rise in ranking. ◆◆◆ 5th place on the BP World Brand 500 list: 66. In 2017, BP launched a number of major projects and gradually overcame its difficulties, once again becoming a leader in the oil and gas industry. Its brand ranking among oil companies also rose by one place. In the field of oil and gas extraction, BP launched 7 large-scale natural gas projects last year, driving the low-carbon transition in the global energy sector and leaving many competitors in its shadow. In the oil and petrochemical sector, BP’s lubricant blending plant, which represents its largest single investment globally, was also established in China last year. ◆◆◆ 6th place: Chevron. Ranking on the Fortune Global 500: 78. With a history of over 140 years, Chevron is one of the oldest oil companies in the world, and its brand influence remains strong as it has always been. Currently, Chevron is the second-largest oil company in the United States, with operations in over 180 countries around the world. Chevron is not only one of the world’s top five international oil companies but also one of the leading producers of shale oil and gas globally. Furthermore, Chevron is also the world’s largest producer of high-end base oils, holding a leading position in the petrochemical industry. ◆◆◆ 7th place: ExxonMobil. Ranking on the Fortune Global 500: 114. The CEO of ExxonMobil could take on the role of U.S. Secretary of State – and that is a testament to the power of a brand. In modern history, this company has had a profound impact on the global socio-economy and politics. ExxonMobil possesses the world’s most advanced oil and gas extraction technologies; the world’s deepest well, with a depth of 15,000 meters, was drilled by this company. At the same time, ExxonMobil is also at the forefront in the development of challenging oil and gas resources such as deep-water oil and gas and shale oil. ◆◆◆ 8th place: Petronas of Malaysia. Ranking on the Fortune Global 500: 132. Although Malaysia’s oil and gas resources cannot compare to those in the Middle East, Petronas of Malaysia has always been one of the most active integrated oil companies in the world. Petronas operates in over 50 countries around the world and is also one of the world’s top 500 companies. Its business covers oil and gas exploration and production, petroleum refining, oil and gas pipeline operations, and the sale of oil and gas products. ◆◆◆ 9th place: Eni. Ranking on the Fortune Global 500: 144. Eni, a company from Italy, remains one of the most important oil companies in the world, with its operations always at the forefront of the energy industry. Currently, the most powerful supercomputer in the global industrial sector is located in Eni’s data center; this computer is used primarily for imaging geophysical data and creating reservoir models. Furthermore, Eni discovered the world-shocking Zuluf gas field in Egypt in 2015, and its development has become one of the most well-known oil and gas projects in recent years. ◆◆◆ 10th place: Statoil. Ranking on the Fortune Global 500: 197. In the 1970s, oil fields were discovered in the North Sea off the coast of Europe, and Statoil rapidly grew as a result, having a profound impact on the global oil industry. Currently, Equinor is the world’s largest offshore oil producer, with operations in over 30 countries around the globe. In addition to its oil and gas operations, Equinor is also a leader in the field of renewable energy; the company was responsible for building the world’s first floating offshore wind farm. ? In addition to the above ten companies, Schlumberger, CNOOC, Gazprom, Lukoil, Petrobras, ConocoPhillips, and Indian Oil also made it onto the list of the top 500 world brands in terms of brand value for 2018. Among them, CNOOC ranks 337th in the world, while Schlumberger is the only oil service company to make it onto the list globally. ?