ENERGY
Oil & Gas: Downstream
World’s Most Productive Companies
Oil & Gas: Downstream
Oil and Gas Downstream covers refiners and fuel marketers. Productivity turns on refining throughput, plant utilization, and operational reliability across large, capital-intensive assets.
The group had a strong 2025, finishing near its 2019 baseline. No company in the group reached the 2026 World’s Most Productive Companies list this year. Every company in the group improved on the year.

Productivity Snapshot
- Oil & Gas: Downstream ranks fourth of four Energy peer groups in 2025, at an Industrial Productivity Index of 0.99, near its 2019 baseline.
- 6 of 6 companies grew productivity in 2025.
- No company in the group earned a place on the 2026 World’s Most Productive Companies list this year.
- All six companies improved in 2025 as throughput and utilization rebounded, bringing the group back near its 2019 baseline.
Interested in learning more about how you stack up, where to improve, and the impact on margin, cash, inventory, and assets?