The list is part of the BBC's Guitar Season. It was compiled from votes/suggestions by BBC radio listeners.
You have to look at the list in terms of the main guitar riff, not the song or band. The riff may only be 1 or 2 bars, but if it's soooo good everyone remembers it, then it will make the list. There are some pretty iconic riffs there...
I didn't take part so I didn't see the rules of entry, but it is plainly obvious that it's limited to one entry per band/artist.
If Black Dog isn't there it's because not enough people voted for it. It may be the best riff evah but Whole Lotta Love was used for years as the theme tune to
Top of the Pops and EVERYONE who listens to Radio 2 in UK knows it...