Spain-based management rating and research firm Management and Excellence (M&E) has recently released its 5th annual report titled “Most Sustainable Oil/Gas Companies 2008” that helps leading Oil companies benchmark against each other. This particular ranking, marketed with Oil & Gas Journal Online, measures oil/gas companies’ factual compliance with 400 accepted international standards in sustainability, ethics, social responsibility, governance and transparency. (…)Â Petrobras of Brazil has emerged as “the Most Sustainable Oil/Gas Company of 2008” and has been ranked No.1 in the report. (…) Common Features of Most Sustainable Oil Companies: Petrobras (No.1), Total (No.2), and Pemex (No.12) have been the “most dynamic improvers” while Statoil (No.4) and Shell (No.5) have been termed as “the most solid performers.” At No. 3, BP has been an ultimate “rebounder.” Image source: dinarstandard.com. > Continue.