Is PETRONAS the best in the world?

Is PETRONAS one of the world’s strongest brand names

PETRONAS (brand value down 7% to US$12.7 billion) is again the strongest Oil & Gas brand, a title it has held since 2020. In 2023 its Brand Strength Index (BSI) score went up two points to 89 out of 100, earning a corresponding AAA rating.

What is PETRONAS ranked by

KUALA LUMPUR: Petroliam Nasional Bhd's (PETRONAS) ranking rose to 216 in Fortune Media IP Ltd's 2022 Fortune Global 500 list from the 277th spot in 2021. The annual Fortune Global 500 list for 2022 ranked the world's largest companies by revenue for fiscal 2021.

How much is PETRONAS worth

approximately 12.7 billion U.S. dollars

The public Malaysian oil and gas company Petronas was worth approximately 12.7 billion U.S. dollars in 2023, which represented a slight decrease compared to the previous year. The company ranked tenth among the most valuable oil and gas companies globally as of 2023.

Which country has PETRONAS

Malaysia’s

PETRONAS, Malaysia's integrated multinational petroleum corporation, has a presence in more than 30 countries around the world and over 30 years of experience in oil and gas operations.

Why PETRONAS is the best company

PETRONAS' rank has been attributed to the result of its Brand Strength Index (BSI) which increased from 87 last year to 87.7 in 2022. BSI is judged on a brand's performance, focusing on intangible measures relative to its competitors.

What is world’s strongest brand

Google

The Report also gives the World's Top 25 strongest brands. Google is the world's strongest brand and YouTube the second-strongest brand – both owned by Alphabet.

Who is PETRONAS rival in Malaysia

Petronas's competitors

IndianOil (Indian Oil Corporation, IOCL) is an integrated and diversified energy company. MMC Group is a utilities and infrastructure group. China Resources Gas Group (CR Gas) is a company that distributes and supplies natural gas and gas appliances.

What is PETRONAS weakness

Petronas WeaknessesCost of environmental hazards.Legal issues.Employment scam.

What is the most valuable Asean brand

KUALA LUMPUR, 28 January 2022 – PETRONAS has maintained its position as the most valuable ASEAN brand in the Brand Finance Global 500 report this year and remains amongst the top 10 Oil and Gas brands globally.

Is Petronas huge company

With close to 50,000 employees and a global reach spanning over 100 countries, we are ranked among the world's largest corporations by revenue in the Fortune Media IP Ltd's 2022 Fortune Global 500® list.

What is PETRONAS known for

Through subsidiaries and joint ventures, Petronas is deeply involved in almost all aspects of the oil and natural gas industries, across the range from upstream (exploring for and extracting oil and gas) to downstream (refining and distributing the products).

Is PETRONAS huge company

With close to 50,000 employees and a global reach spanning over 100 countries, we are ranked among the world's largest corporations by revenue in the Fortune Media IP Ltd's 2022 Fortune Global 500® list.

What is the number 1 ranked brand

In 2023, Amazon overtook Apple's position as the most valuable brand in the world, according to the source's ranking. The e-commerce giant had an estimated brand value of about 299.3 billion U.S. dollars, while Apple was 297.5 billion dollars worth.

What is the global top 1 brand

Kantar list (2022)

Rank Brand Brand value (US$ millions)
1 Apple Inc. 947,062
2 Google LLC 819,573
3 Amazon.com, Inc. 705,646
4 Microsoft Corp 611,460

Is PETRONAS a strong brand

The company also remains among the top 10 most valuable O&G brands globally in 2022. PETRONAS' rank has been attributed to the result of its Brand Strength Index (BSI) which increased from 87 last year to 87.7 in 2022. BSI is judged on a brand's performance, focusing on intangible measures relative to its competitors.

Is PETRONAS losing money

NET PROFIT: The Malaysian petrochemical company reported a 14% drop in 2022 net profit to 6.32 billion ringgit ($1.42 billion), below the median forecast of MYR7. 27 billion in a FactSet poll of analysts.

What is the most popular brand in Asia

Japanese automobile brand Toyota topped the Asia's Most Influential Brands List this year, followed by China's State Grid, Tencent and Haier, according to a report released in September by the World Brand Lab, a consultant of digital marketing and brand valuation.

What is the biggest in ASEAN

Indonesia

ASEAN countries vary in sizes. The largest is Indonesia which at 1.86 million square kilometers is 2,605 times the size of Singapore (714 square kilometers).

What is the biggest company in Malaysia

1. Malayan Banking Berhad. Maybank is Malaysia's largest bank and largest company by market capitalisation. It is the first company in Malaysia to cross the RM100 billion dollar mark in market cap.

What company owns PETRONAS

Wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and adding value to these resources. PETRONAS is ranked among Fortune Global 500's largest corporations in the world.

What are the top 3 brands in the world

Interbrand list (2022)

Rank Brand Brand value (US$ millions)
1 Apple Inc. 482,215
2 Microsoft Corp 278,288
3 Amazon.com, Inc. 274,819
4 Google LLC 251,751

What is the world’s strongest brand

Google

The World's Top 25 strongest brands

Google is the world's strongest brand and YouTube the second-strongest brand – both owned by Alphabet.

What are top 5 brands

World's Most Valued Brands: According to Brand Finance Global 500 2023 list, the top 10 valued companies in the world are Amazon, Apple, Google, Microsoft, Walmart, Samsung Group, ICBC, Verizon, Tesla, TikTok/Douyin.

Which is the powerful global brand

Google ranked as the world's strongest brand in 2022 based on the evaluation of factors such as marketing investment, brand performance among customers, staff and stakeholders, and impact on business operations. According to the index, Google scored 93.2 out of 100 points. YouTube followed, with a score of 92.7 points.

Is Petronas leaving F1

Petronas, Mercedes deny parting ways in F1 in 2022. KUALA LUMPUR (Oct 18): Petroliam Nasional Bhd (Petronas) and Mercedes have come out to deny a report saying that the two Formula 1 (F1) partners will part ways in 2022 with Saudi Aramco replacing the Malaysian energy company as the Mercedes-AMG F1 team's title sponsor …