Cairn India has been ranked as the fastest growing energy company in the world while Reliance Industries is the top ranked Indian energy firm in the global ranking. With a compound growth rate of 121 per cent in past three years, Cairn was ranked the fastest growing energy company in the world ahead of Cnooc of China, Valero Energy of the US, PetroChina, Essar Energy and Russian Rosneft, according to the Platts Top 250 Global Energy Company Rankings.
Platts said Cairn, an independent oil and gas exploration and production company whose main assets are the prolific Rajasthan oilfields, has given 25 per cent return on invested capital and is for the second year in running the world's fastest growing energy firm. RIL has toppled ONGC to become the top Indian firm in a global ranking.
Leave a Reply
You must be logged in to post a comment.