Marketing analysis firm Millward Brown has ranked three Russian oil and natural gas companies among the top 10 most valuable brands in the sector for 2014.
Gazprom came seventh in the , published Wednesday by the agency, with a brand value of $6.2 million, while Rosneft finished eighth with $5.5 million.
Both Gazprom and Rosneft are state-run.
Privately-owned LUKoil, which is Russia's second biggest oil producer, was ranked 10th with a brand value of $4.7 million.
Rosneft was a new addition to the top 10 oil and gas companies this year.
U.S. energy giant ExxonMobil placed first with $19.7 million.
On Millward Brown's top 100 brands across all industries, Russia's Sberbank fell five places to 75th, even though its value remained consistent with last year.
Telecommunications company MTS saw a 14 percent increase in its value, and jumped two places to 80th in the rankings.
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
