TNB in the List of Top 50 Asian Energy CompaniesPrint this page
Date: 18 September 2006
Tenaga Nasional Berhad (TNB) made it to the top 50 energy companies in Asia based on a survey of top 250 Energy Companies in the world by the United State-based Platts'. In the survey, announced recently in Singapore, TNB ranked 42nd among the top 57 energy companies in Asia. TNB is also the only Malaysian company in the list. The top four energy companies in Asia are PetroChina Co. Ltd. (China), China Petroleum & Chemical Corp. (China), Oil & Natural Gas Corp. Ltd. (India) and Reliance Industries Ltd. (India). Globally, TNB is ranked 168th among the top 250 Global Energy Companies. Stand on top of the global ranking is Exxon Mobil Corp. from the United States. The Platts Top 250 Global Energy Company rankings are an annual measure, undertaken in collaboration with Platts' sister company Standard & Poors, of the financial performance of the world's leading energy businesses. The rankings recognize outstanding financial performance. This Platts' fifth annual survey of global energy companies measures companies' financial performance using four key metrics: asset worth, revenues, profits and return of invested capital (ROIC). Being awarded a ranking in the Platts Top 250 is an accomplishment of prestige and honour for TNB in the energy industry. This recognition is significant to TNB for it is placed in the same league with all other world's largest and most successful energy producers. It is indeed a stepping stone for TNB to spread its wings in the global energy industries in realizing its vision, to be among the leading corporations in energy and related businesses globally.