Energy Blast – July 10, 2012

According to the Fortune Global 500, the annual ranking of major global corporations, Gazprom is the most profitable company in the world, with $44.4 billion in profits in 2011.  Naftogaz Ukrainy, Ukraine’s national oil and gas company has apparently profited from the company’s teaming coffers, signing a loan agreement with Gazprombank for $2 billion.  Based on revenue, Royal Dutch Shell is, according to the listings,  the world’s biggest company.