PB is the 2nd largest Oil Companies in Europe... with Shell being #1 the other two are listed in the graph...
BP is one of the world's seven oil and gas "supermajors",whose performance on the worlds stage, made it the world's sixth-largest oil and gas company, the sixth-largest energy company by market capitalization and the company with the world's 12th-largest revenue (turnover).
It looks like the largest Shell has actually had more trouble then BP? Why?
Rank Company Industry Revenue (USD Millions of Dollars) Headquarters 1 Royal Dutch Shell Oil and gas 484,489 Netherlands and United Kingdom 2 BP Oil and gas 396,183 United Kingdom 3 Total Oil and gas 231,580 France 3 Vitol Group Oil and gas 225 Netherlands 4 Volkswagen Automotive 221,550 Germany 5 Glencore Conglomerate 220,030 United Kingdom and Switzerland 6 Gazprom Oil and gas 157,830 Russia 7 E.ON Electric utility 157,057 Germany 8 Eni Oil and gas 153,676 Italy (from wikipedia)
with so many oil companies.. how will BP make a full recovery and work with the others??
these estimates show that shell maybe will eventually make a profit above 1 billion... however it maybe will take until next year?
Whats the reason for shell company loss? compared to BP?
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.