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Singapore: Seventy Asian oil and gas companies, including those from India and China, were ranked in the 2012 Platts Top 250 Global Energy Company Rankings based on their financial performance in 2011.
While ExxonMobil maintained its number one position in the list, Cairn India topped the list for fastest growing companies with a three-year CGR of 119.8 percent, Platts said at the award ceremony held here last night.
Of the 12 Indian companies in the global Top 250 rankings, half appeared on the 50 Fastest Growing list, which included Reliance Industries, Coal India, Indian Oil Corp and Gail, Platts said.s reflect fiscal 2011 financial perinvested capital . Reuters
China had 23 companies in the Top 250 list compiled by Platts, a global energy, petrochemical and metal information service provider.
Commenting on the Asian companies performance, Platts President Larry Neal said the Asian companies were outperforming themselves year after year, which reflected the enormous growth and energy demand potential in the region.
The list, however, was dominated by Western oil & gas majors, taking the top eight ranking of the list.
ExxonMobil, which has maintained its number one position on the list for the past eight years, was followed by Royal Dutch Shell, Chevron Corp, BP, OJSC Gazprom, Statoil, Total and ConocoPhillips.
Chinese major PetroChina came in on the ninth spot with Roseneft Oil on 10.
The Platts Top 250 Global Energy Company Rankings, now in their 11th year, are based on data compiled and maintained by S&P Capital IQ, which, like Platts, is a part of The McGraw-Hill Companies.
The 2012 rankings reflect fiscal 2011 financial performance in four key areas: asset value, revenues, profits and return on investedcapital (ROIC).
Singapore: Seventy Asian oil and gas companies, including those from India and China, were ranked in the 2012 Platts Top 250 Global Energy Company Rankings based on their financial performance in 2011.
While ExxonMobil maintained its number one position in the list, Cairn India topped the list for fastest growing companies with a three-year CGR of 119.8 percent, Platts said at the award ceremony held here last night.
Of the 12 Indian companies in the global Top 250 rankings, half appeared on the 50 Fastest Growing list, which included Reliance Industries, Coal India, Indian Oil Corp and Gail, Platts said.s reflect fiscal 2011 financial perinvested capital . Reuters
China had 23 companies in the Top 250 list compiled by Platts, a global energy, petrochemical and metal information service provider.
Commenting on the Asian companies performance, Platts President Larry Neal said the Asian companies were outperforming themselves year after year, which reflected the enormous growth and energy demand potential in the region.
The list, however, was dominated by Western oil & gas majors, taking the top eight ranking of the list.
ExxonMobil, which has maintained its number one position on the list for the past eight years, was followed by Royal Dutch Shell, Chevron Corp, BP, OJSC Gazprom, Statoil, Total and ConocoPhillips.
Chinese major PetroChina came in on the ninth spot with Roseneft Oil on 10.
The Platts Top 250 Global Energy Company Rankings, now in their 11th year, are based on data compiled and maintained by S&P Capital IQ, which, like Platts, is a part of The McGraw-Hill Companies.
The 2012 rankings reflect fiscal 2011 financial performance in four key areas: asset value, revenues, profits and return on investedcapital (ROIC).
DC Government Employees Not Yet Offered Cyber secu
WASHINGTON (AP) — Leaders from across the District of Columbia municipal government gathered last April for a summit on cyber security, where they agreed in writing on the need to improve computer safety training for its workers. Yet nearly a year later, no organized, across-the-board training is offered for employees even though electronic data theft from governments is on the rise.
Information technology experts see training as a vital component of cyber security and D.C. officials acknowledge their own employees should be better educated on computer use, especially as governments face increasingly sophisticated cyber-threats and as human
Update: Hedge Fund Bankruptcy Trustee Sues Investm
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http://www.wattpad.com/13183835-update-hedge-fund-bankruptcy-trustee-sues
New York (HedgeCo.net) - The trustee for failed hedge fund Petters Group, Douglas Kelley, has sued the Epsilon-Westford funds founded by Steve Stevanovic, according to Bloomberg.
The bankruptcy trustee is seeking to recoup over $3.2 billion to cover the company's debt, Bloomberg said, "Seventeen funds affiliated with the financier's Westford Investment Management LLC and Epsilon Investment Management LLC were named as defendants in the complaint filed by Kelley."
"We terminated our relationship with Petters a full 18 months before it became known that
Financial Secretary John Tsang defends his budget
https://www.wattpad.com/13097042-financial-secretary-john-tsang-defends-his-budget
Financial Secretary John Tsang Chun-wah yesterday hit back at critics who said his budget last week was too conservative, warning that the next generation would suffer if he "spent extravagantly for the sake of applause".
He emphasised the 16 per cent increase in government spending over the next financial year, saying it was rare for a government anywhere to be lifting expenditure.
Tsang told the RTHK programme Hong Kong Letter that maintaining financial prudence was the first responsibility of the financial secretary.
"I must make sure taxpayers' money is
Whistleblowers: Voluntary energy savings targets
https://www.euractiv.com/energy-efficiency/guenther-oettinger-news-517739
EXCLUSIVE / Non-binding energy efficiency goals are meant to be treated with reverence but are routinely ignored, ticked off, or met by using legislative scams, ex-government officials have told EurActiv.
As Brussels gears up to discuss binding energy efficiency targets for 2030 this week, two whistleblowers told EurActiv that the EU should learn from their experiences in implementing the 2006 energy services directive (ESD), which aimed to cut energy consumption.
'Malcolm', a former senior officer for a north European EU state's national energy agency, said that inc
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