55 Asian Companies Among 2009 Platts Top 250 Global Energy Companies

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17th November 2009, 06:04pm - Views: 780






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MEDIA RELEASE PR37129

55 Asian Companies Among 2009 Platts Top 250 Global Energy Companies


SINGAPORE, Nov. 17 /PRNewswire-AsiaNet/ --


    Petrochina Co. Ltd. again took ninth place worldwide and maintained its leadership position among Asian

companies in the 2009 Platts Top 250 Global Energy Company rankings announced here last evening. This

year, 55 Asian companies from ten countries made it onto Platts' global roster, up from 50 five years ago, but

down from 59 last year.


    Second, third, fourth and fifth-place among Asia's top performing energy companies went to CNOOC Ltd.,

China Petroleum & Chemical Corp., Reliance Industries Ltd., and Oil & Natural Gas Corp. Ltd. Immediately

behind – giving Asia a total of eight places among the global top 50 - were Indian Oil Corp Ltd., China

Shenhua Energy Co. Ltd., and Thailand's PTT Plc.


    Three Asian companies joined Platts' global roster for the first time - Japan's Hokuriku Electric Power

Company; Power Grid Corporation of India, and Indonesia's PT. Bumi Resources Tbk, a coal and combustible

fuels company.


    Platts' 2009 performance rankings were unveiled at the company's fourth annual Asia Leadership Awards

and Recognition Dinner, held this year at Singapore's Shangri-la Hotel in partnership with Singapore

International Energy Week. The gala event, attended by some 300 industry executives from across Asia,

featured keynote remarks by S. Iswaran, Singapore's Senior Minister of State for Trade and Industry, and also

celebrated the accomplishments of the top 15 Asian energy companies and the world's fastest-growing energy

companies.


    Five of the Top 15 Asian energy companies came from India – Reliance Industries Ltd. (#4), Oil & Natural

Gas Corp. Ltd. (#5), Indian Oil Corp. Ltd. (#6), NTPC Ltd. (#10), and Bharat Petroleum Corporation Ltd. (#15).

Three companies from China also made into the Top 15 - Petrochina Co. Ltd. (#1), China Petroleum &

Chemical Corp. (#3), China Shenhua Energy Co. Ltd. (#7). Although 18 Japanese companies are among the

top Asian companies, only two are among the top 15 - ExxonMobil's Japanese refining arm TonenGeneral

Sekiyu Corp (#9) and Japan's largest E&P company Inpex Corp (#12). The other top 15 Asian companies

included two from Hong Kong, and one each from Australia, Korea and Thailand.


    New to the Top 15 Asia companies were TonenGeneral Sekiyu Corp (#9) which leaped from 47th place last

year; Korea's SK Energy Co. Ltd. (#11), which rose from 35th place last year; Australia's Woodside Petroleum

Ltd. (#13), which was #23 last year; CLP Holdings (#14) which moved up from 20th place, and India's Bharat

Petroleum Corporation Ltd. (#15), which was previously in 17th place. Leaving the Top 15 list but still among

the Top 55 Asian companies were Nippon Oil Corp, Formosa Petrochemical, Nippon Mining Holdings

Inc., KEPCO, and S-Oil Corp.


    Eleven Asian companies made the 2009 list of 50 fastest growing global energy companies and topped the

list of Asia's fastest-growing. Hong Kong's China Resources Power Holdings ranked fifth worldwide based on

a three-year compound growth rate (CGR) of 65 percent. Last year, it was third with a CGR of 107 percent.

Reliance Infrastructure Ltd. was ninth globally based on a CGR of 46 percent, making the list for the first time

this year. 2009 Top 250 newcomer PT. Bumi Resources Tbk also broke into top 50 fastest growing global

energy companies, taking 29th place with a CGR of 30 percent. Other Asian companies that made the 50

fastest growing global roster were Woodside Petroleum Ltd. (#32), PTT Plc (#34), Korea Gas Corp. (#38),

Formosa Petrochemical (#39), Reliance Industries Ltd. (#42), Yanzhou Coal Mining Co. Ltd. (#43), China

Shenhua Energy Co. Ltd (#46), and Datang Power (#48).


    The Platts Top 250 Global Energy Companies Rankings are based on a combination of assets, revenues,

profits and return on invested capital using data from Capital IQ, a database compiled and maintained by

Standard & Poor's, which, like Platts, is a division of The McGraw-Hill Companies. To be

ranked, companies must have assets greater than US$2 billion and must be publicly listed.

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    About Platts: Platts, a division of The McGraw-Hill Companies (NYSE: MHP), is a leading global provider of

energy and commodities information. With a century of business experience, Platts serves customers across

more than 150 countries. An independent provider, Platts serves the oil, natural gas, electricity, emissions,

nuclear power, coal, petrochemical, shipping, and metals markets from 17 offices worldwide. Platts' real-time

news, pricing, analytical services and conferences help markets operate with transparency and efficiency.

Traders, risk managers, analysts, and industry leaders depend upon Platts to help them make better trading

and investment decisions. Additional information is available at http://www.platts.com.


SOURCE:  Platts


    CONTACT: 

    Kathleen Tanzy, 

    +1-917-331-4607, 

    kathleen_tanzy@platts.com; or


    Asia: 

    Casey Yew, 

    +65 653 06552


To view this and other AsiaNet releases please visit http://www.asianetnews.net






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