Unshakeable Leadership: SHELL Is The Most Valuable Oil And Gas Brand In The World, Positioned At The Top Of The List For The 9th Consecutive Year

Written by Roberta Souza

Published on 20/03/2023 at 19:38

Foto: Reprodução Shell Brasil

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Shell, Valued at US$ 48.2 Billion, Plans for the Last Drop of Its Oil to Leave Brazil. The Multinational Has 14 Active Drill Ships and 3 More Already Contracted

The brand valuation consultancy Brand Finance has released its Oil & Gas 50 2023 ranking, which positions the 50 most valuable and strongest oil and gas brands in the world. According to the ranking, Shell has been named the most valuable oil and gas brand in the world for the ninth consecutive year.

According to Brand Finance, brand value is understood as the net economic benefit that its owner would obtain by licensing it in the open market. Meanwhile, brand strength is represented by the effectiveness of its performance in intangible measures compared to its competitors.

Despite experiencing a 3% decrease in brand value, Shell maintained its position as the most valuable oil and gas brand in the world, with a value of US$ 48.2 billion. However, the Saudi oil and gas giant, Aramco, reduced the gap between itself and Shell with a brand value that increased by 4%, to US$ 45.2 billion.

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Record Year in Oil and Gas Industry Profits

Savio D’Souza, Director of Valuation at Brand Finance, stated: “The oil and gas industry had a record year in terms of profits and cash flow driven by the pandemic recovery and geopolitical uncertainty. It is likely that geopolitics and economic uncertainty will also play a significant role in the coming year.”

“The challenge for oil and gas brands will be to optimize their brand and business positioning for the global energy transition, balancing their responsibility to provide affordable energy to the world,” he added.

Petronas Again Receives Title of World’s Strongest Oil and Gas Brand

According to Brand Finance, it can be said that Petronas is once again the world’s strongest oil and gas brand, a title it has held since 2020. Although its brand value decreased by 7%, to US$ 12.7 billion, the company’s Brand Strength Index (BSI) score rose two points, to 89 out of 100 in 2023, earning a corresponding AAA rating.

When it comes to emerging companies, Qatargas – with a brand value that increased by 147%, to US$ 3.1 billion – is the fastest-growing oil and gas brand in the world, as well as the fastest-growing brand across all sectors in the Middle East in 2023, according to Brand Finance’s research. The consultancy reveals that Qatargas, a company owned by QatarEnergy, is one of the leading global brands in gas production.

Unshakeable Leadership: SHELL Is The Most Valuable Oil And Gas Brand In The World, Positioned At The Top Of The List For The 9th Consecutive Year

Shell, Valued at US$ 48.2 Billion, Plans for the Last Drop of Its Oil to Leave Brazil. The Multinational Has 14 Active Drill Ships and 3 More Already Contracted

Record Year in Oil and Gas Industry Profits

Petronas Again Receives Title of World’s Strongest Oil and Gas Brand

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

China manufactures 150 buses in just 16 working days and ships them to Argentina at prices up to 30% lower than those produced locally, putting body manufacturers in the neighboring country on high alert due to the speed and cost of Asian production.

Brazil accelerates the production of electric buses and could end 2026 as the leader in Latin America in a race that promises to transform public transportation in large cities.

An 11-year-old boy from Texas was just hoping to be officially adopted, but he got the most exciting surprise of his life when 45 classmates showed up unexpectedly at the courthouse to celebrate with him.

Two cyclones are surrounding Brazil at the same time this week: one brings heavy rain to the South while the other pushes cold air that drops temperatures by up to 6 degrees in mountainous areas of the Southeast.

A 20-year-old young man became paralyzed from the waist down after an accident and received treatment with polylaminin in Santa Catarina, and he is already able to move his feet days later.

Unshakeable Leadership: SHELL Is The Most Valuable Oil And Gas Brand In The World, Positioned At The Top Of The List For The 9th Consecutive Year

Shell, Valued at US$ 48.2 Billion, Plans for the Last Drop of Its Oil to Leave Brazil. The Multinational Has 14 Active Drill Ships and 3 More Already Contracted

Record Year in Oil and Gas Industry Profits

Petronas Again Receives Title of World’s Strongest Oil and Gas Brand

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

A Canadian study detects record methane emissions and reveals that abandoned oil wells pollute up to 1,000 times more than expected.

Foresea announces winners of the 3rd supplier award highlighting performance, technology, and sustainability in the oil and gas sector in Macaé.

The 12% export tax on Brazilian oil reignites the debate on regulatory risk, competitiveness, and impact on the trade balance.

Rio could lose up to R$ 21 billion per year due to the STF’s decision on oil royalties, and the impact could affect the economy, tourism, and services.

The rise in oil prices puts Brazil in a strategic advantage and projects a trade surplus of US$ 90 billion, boosting exports and creating a highly favorable and unexpected economic scenario.

China manufactures 150 buses in just 16 working days and ships them to Argentina at prices up to 30% lower than those produced locally, putting body manufacturers in the neighboring country on high alert due to the speed and cost of Asian production.

Brazil accelerates the production of electric buses and could end 2026 as the leader in Latin America in a race that promises to transform public transportation in large cities.

An 11-year-old boy from Texas was just hoping to be officially adopted, but he got the most exciting surprise of his life when 45 classmates showed up unexpectedly at the courthouse to celebrate with him.

Two cyclones are surrounding Brazil at the same time this week: one brings heavy rain to the South while the other pushes cold air that drops temperatures by up to 6 degrees in mountainous areas of the Southeast.

A 20-year-old young man became paralyzed from the waist down after an accident and received treatment with polylaminin in Santa Catarina, and he is already able to move his feet days later.