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?
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