Preview

petronas

Powerful Essays
Open Document
Open Document
3007 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
petronas
Introduction To The Company Petronas
PETRONAS is the short for Petroliam National Berhad. As an incorporated company, it was founded on the 17th of August 1974. It was wholly owned and controlled by the government of Malaysia. PETRONAS has ventured into more than 32 countries including Argentina, Russia and Egypt. It currently employs over 30, 000 employees of 38 nationalities.
PETRONAS has involved in the entire petroleum activities. From managing the sharing contractors of the foreign production, it has been changed into developing its own capabilities in the upstream sector - allow it to take the lead in the exploration and production of the nation’s oil and gas resources. Vested with the entire oil and gas resources in Malaysia, PETRONAS is entrusted by the government to develop and add value to these resources.
Besides that, it also ventured into downstream activities. It seeks to maximize value creation and strengthen of its operations all the way down the value chain. The range downstream activities of PETRONAS includes oil refining, gas processing and liquefaction, gas transmission pipeline operations, petrochemical manufacturing and marketing, property investment, shipping, marketing of liquefied natural gas, marketing and distribution of petroleum products, and trading.
Internal Environment
There is a high level of interdependence between an organization and its internal environment. The internal environment comprises elements that have a direct influence on the operations of the organization. They have an impact on the achievement of the organization’s goals. The Micro forces of the environment are:
Vision and Mission
PETRONAS is a big organization and a corporation which is widely known to the world as a company that exports Malaysian oil. Being a big organization, PETRONAS has its very own vision and mission to achieve its common goal and to serve its customers the best service they can provide.
As we all know vision is a long-term plan that

You May Also Find These Documents Helpful

  • Powerful Essays

    Stilssim External Analysis

    • 1479 Words
    • 6 Pages

    The external environment consists of two parts, the general environment and the competitive environment. The general environment can have dramatic effects on an organizations strategy and the general environment consists of six parts. These parts are demographic, sociocultural, political/legal, technological, economic and global. Only three parts of the general environment will affect StilSim Personal Company. The parts that will affect StilSim are demographic, technology and economic. The competitive environment consists of factors that are relevant to an organizations strategy and the competitive environment consist of Porter’s Five Forces (Dess, McNamara, & Eisner, 2016, p. 52). Porter’s Five Forces are the threat of…

    • 1479 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    • Polysar Limited - Established on 1942, Now employed 6,650 people - Structure : Basic Petrochemicals, Rubber, Diversified Products…

    • 546 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Bp Csr

    • 3703 Words
    • 15 Pages

    BP is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured in terms of their revenues and stock prices. It is active in every area of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has major renewable energy activities, including in biofuels, hydrogen, solar and wind power.…

    • 3703 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    British Petroleum

    • 2161 Words
    • 9 Pages

    BP is one of the world 's leading oil companies on the basis of market capitalisation and proven reserves. Its main businesses are Exploration and Production, Refining and Marketing, and Chemicals. Exploration and Production 's activities include oil and natural gas exploration and field development and production, together with pipeline transportation, natural gas processing and gas and power marketing. The activities of Refining and Marketing include oil supply and trading as well as refining and marketing. Chemicals activities include petrochemicals manufacturing and marketing. In addition, the Company has a solar energy business which is one of the world 's largest manufacturers of photovoltaic modules and systems.…

    • 2161 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    British Petroleum is a company, which focuses mainly on petroleum, but has some interest in alternative energy. It is one of the world’s largest oil and gas companies, which serves over 13 million consumers in more than 100 countries. The market of alternative energy is not as well developed, nor as profitable as oil, but it is a good future investment with the recently raising environmental concerns. BP recognized this on time and entered the solar market in the year of 1973.( History of BP Solar )…

    • 2390 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Stock Exchange. BP is operating globally in 80 countries with different brands. - BP is 4th in the Fortune 500 and 3rd largest energy company worldwide measured by revenue. (CNN Money,)…

    • 493 Words
    • 2 Pages
    Good Essays
  • Better Essays

    BP REPORT OIL AND GAS

    • 2605 Words
    • 8 Pages

    BP is one of the world's largest energy companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items” (BP, 2011). The organization is the fourth largest company in the world, operates in over 80 countries and employees more than 80,000 people. BP produces approximately 3.8 million barrels of oil equivalent per day with more than 18.3 billion barrels of oil equivalent in total reserves. The company has 22,400 service petrol stations worldwide, 16 refineries and exploration activities in at least 30 countries.…

    • 2605 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Valero- Industry Overview

    • 1361 Words
    • 9 Pages

    The oil and gas industry has three main parts: upstream, midstream, and downstream. The downstream, what Valero participates in, covers the refining of crude oil, the processing and purifying of natural gas, and the marketing and logistics decisions behind getting these products to customers. Through products including, but not limited to, everyday vehicle gasoline, kerosene, diesel, jet fuel, lubricants, asphalt, natural gas, and liquefied petroleum gas, the downstream sector of oil and gas touches almost every person’s life on the planet. The midstream sector, which is composed mainly of the transportation of crude oil to the refineries, is often grouped in within downstream terminology.…

    • 1361 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    The organization also has an internal environment, which includes the elements within the organization boundaries. The internal environment is composed of current employees, management, and especially corporate culture, which define employee behavior and how the organization will adapt to external environment.…

    • 1010 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Business Ethics P3

    • 1863 Words
    • 8 Pages

    The business provides oil, gas and renewable energy resources to business such as petrol stations like SHELL. The company states that their main activities are the exploration and production of crude oil and natural gas, refining, marketing, supply, transportation, manufacturing and marketing of petrochemicals. BP also has growing activity in gas and power and in solar power generation and also has about 80,300 employees with a turnover of $297bn and operates in 100 countries on six continents. http://www.icis.com/v2/companies/9145150/bp/structure.html.…

    • 1863 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Saudi Aramco (Arabic: أرامكو السعودية‎ ʾArāmkō s-Saʿūdiyyah), officially the Saudi Arabian Oil Company, is a Saudi Arabian national oil and natural gas company based in Dhahran, Saudi Arabia. Saudi Aramco's value has been estimated at up to US$10 trillion in the Financial Times, making it the world's most valuable company.…

    • 1658 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Case Study

    • 893 Words
    • 4 Pages

    Who – what is the name of the company, what is the type of business for the company, which individuals are involved?…

    • 893 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Petrochemicals are chemical products made from raw materials of petroleum. Although, petrochemical is a very large growing business Midland’s…

    • 1217 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    They own one of the country’s largest banks, Bank of the Philippine Islands. They own one of the country’s top telecommunication networks, Globe Telecom. They own one of the country’s leading real estate developer, Ayala Land. Other businesses of the Ayala’s include water distribution business Manila Water Company, information technology business Integrated Microelectronics, Inc., business process outsourcing company Integreon,…

    • 1263 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Banco de Oro Swot Analysis

    • 3697 Words
    • 15 Pages

    The key persons behind the firm are Teresita T. Sy, Chairwoman and Nestor V. Tan, President and CEO, respectively. It was founded in Manila, Philippines and has its headquarter in Mandaluyong City, Philippines.…

    • 3697 Words
    • 15 Pages
    Powerful Essays