Subject. This article discusses the issues of effective use of resources and energy transition. Objectives. The article aims to identify the key factors influencing the competitiveness of oil and gas companies. Methods. For the study, we used the weighted scoring system. Results. Based on a comprehensive analysis of the relationships between various aspects of competitiveness and the key performance indicators of the largest global oil and gas companies, the article finds that the competitiveness of a company is determined by multiple factors. The article also identifies an ambiguous correlation between resource potential and financial efficiency. Conclusions. Companies with limited resources can enhance financial efficiency through optimizing raw material processing, implementing technological innovation, and diversifying the business.
Keywords: competitiveness of oil and gas companies, competitiveness assessment, oil and gas industry, financial efficiency, business diversification
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