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

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

The coastal El Niño is not the classic El Niño, but it already raises a question in Brazil: can the phenomenon alter rain, heat, and winter?

The commander of the Brazilian Army publicly admitted that the country now perceives real threats in South America, something that, according to him, did not exist in the past, and advocates for the increasing use of drones and technology to secure the borders.

In China, even those who beg on the street already have a QR Code, paper money has practically disappeared from daily life in just ten years, and the entire country has come to live on invisible payments via mobile phones.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Scientists considered detonating 213 nuclear bombs in the Sahara to create an artificial sea the size of El Salvador, with each explosion being a hundred times more powerful than the Hiroshima bomb, and the goal was to generate more energy than Egypt’s largest hydroelectric plant.

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

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

While Brazil sits on the pre-salt and still imports diesel, Turkey, which produces almost no oil, crossed half the world to drill 7,500 meters below the sea in Somalia in search of its own fuel.

Why didn’t oil reach $150 even after three months of the Strait of Hormuz being closed?

Farmer drills well in Ceará in search of water, accidentally finds crude oil and sees million-dollar discovery hindered by a rule that completely changes the future of the site.

Family finds oil on a 49-hectare site in Ceará, but exploration has no timeline or guarantee of happening

The coastal El Niño is not the classic El Niño, but it already raises a question in Brazil: can the phenomenon alter rain, heat, and winter?

The commander of the Brazilian Army publicly admitted that the country now perceives real threats in South America, something that, according to him, did not exist in the past, and advocates for the increasing use of drones and technology to secure the borders.

In China, even those who beg on the street already have a QR Code, paper money has practically disappeared from daily life in just ten years, and the entire country has come to live on invisible payments via mobile phones.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Scientists considered detonating 213 nuclear bombs in the Sahara to create an artificial sea the size of El Salvador, with each explosion being a hundred times more powerful than the Hiroshima bomb, and the goal was to generate more energy than Egypt’s largest hydroelectric plant.