Oil & Gas 50 2020

• Shell retains title of world’s most valuable oil & gas brand, brand value up 12% to US$47.5 billion
• Saudi Aramco is new entrant in ranking taking second position, brand value US$46.8 billion
• France’s Total only brand in top 10 to lose brand value
• ADNOC fastest-growing brand in top 10, up 29% to US$11.4 billion
• PETRONAS is sector’s strongest, Brand Strength Index (BSI) score 86.3 out of 100

Some might argue that the end is nigh for Big Oil, but many sectors will be difficult to decarbonise and will likely need oil and gas for decades to come. The challenge at hand for the industry is to make the production and use of oil and gas as efficient as possible throughout this transition, while actively preparing for the future by investing in renewables.

David Haigh, CEO of Brand Finance