The value of the Anglo-Dutch supermajor’s mark grew 35% to $29.8 billion according to the analysis, which puts a number on the brand value by assessing the royalty rate paid for its use if owned by a third party.

ExxonMobil came in second among oil and gas companies with a value of $18.3 billion, followed by Chevron in the No. 3 spot at $17.6