DUBLIN, June 10, 2013 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/xvvt6n/top_five_global) has announced the addition of the "Top Five Global Oil and Gas Refining and Marketing Companies: Performance, Strategies and Competitive Analysis" report to their offering.
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The global oil and gas refining and marketing industry reached an estimated US $5,027 billion in 2011. The market is forecast to reach an estimated US $7,783 billion in 2017 with a CAGR of 6.7% during 2012-2017. Asia Pacific (APAC), followed by the Rest of the World (ROW), dominates the industry, and with continuous improvement in the economy, there is good future growth potential as well.
This report presents a comparative analysis (benchmarking) of the subject companies, their geographic footprints, financial metrics, market performance, marketing and corporate strategies, and SWOT analysis
These companies are faced with certain challenges such as increasing use of alternative sources of energy and stringent environmental standards and compliance costs that affect the operating margins of the companies. Despite the weakening economic performance of the European region and decline in its oil consumption in the fourth quarter of 2011, the oil and gas refining and marketing sector grew in 2011.
Rise in living standards, growing population, and emerging economies are the major drivers that are increasing the demand for petroleum products in the APAC region. India and China are seen as the largest potential market opportunities. In order to satiate these demanding markets and to expand their business, companies have often established strategic partnerships with domestic concerns.
This study thoroughly profiles the following five companies with detailed competitive assessments:
- China Petroleum and Chemical Corporation
- Exxon Mobil Corporation
- PetroChina Company Limited
- Royal Dutch Shell
For more information visit http://www.researchandmarkets.com/research/xvvt6n/top_five_global
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