INDUSTRY > Energy And Metals

Industry Analysis - Energy And Metals

Suddenly, energy is hot. Whether it is security of supply or conservation and carbon footprint reduction, or cutting electricity cost impact on the bottom line, it is increasingly a concern for CIOs.

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CIO 100 COMPANIES IN Energy And Metals

11. BP

BP knows better than most how 'hot' a topic energy has become. If anything, the last year has seen energy concerns rise even higher up the political, corporate and public agenda than ever before, with increased global debate and analysis over energy security, safety and climate change.

17. Royal Dutch/Shell

Another astonishing year in bottom line terms for Anglo-Dutch giant Royal Dutch Shell, which in the first operating quarter of 2008 saw a 56 per cent rise in revenue compared to the same period last year - a result, of course, of the inexorable rise in oil prices. Shell outsourced a lot of its IT four years ago to a clutch of firms led by Indian outsourcing giant Wipro, but has refined the deal.

91. British Energy

British Energy Group is in an unclear position. The nuclear power generator, which runs eight such power stations (but also one conventional one), and which is 35 per cent owned by the government, is very much up for sale - but can't find a buyer. It rejected a bid from France's EDF as too low and had nothing formal on the table when the CIO 100 went to press from European power giants RWE and Iberdrola. The company was also dogged by temporary closure of two of its sites, which led to a 32 per cent drop in pre-tax profits for the year to the end of March. (The UK's two nuclear sites are run by British Nuclear Fuels.) Pressure for this firm is nothing new, though - it has been in financial trouble since 2002, something not even a £3bn lifeline from Westminster has helped much.

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