Petroliam Nasional Berhad: A Critical Evaluation Of The Likely Impact On Its Competitive Position Through Sustainable Development
“The moral issues of distributive justice are unlikely to be realised if biophysical limits to
growth are ignored” - Philip A. Lawn, 2001.
Introduction
This paper evaluates the likely impact on the competitive position of PETRONAS if it were to
strengthen its business strategy based on Sustainable Development.
PETRONAS, acronym for Petroliam Nasional Berhad, is a Malaysian owned oil and gas
company that was founded on 17 August 1974. Wholly owned by the Government, 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. In 2007, its revenue was in
excess of US$51 billion.
Source: Wikipedia and Fortune Global 500
Since its incorporation it has grown to be an integrated international oil and gas company with
business interests in 31 countries. As of the end......
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Approximate Word Count: 1564
Approximate Pages: 7 (250 words per double-spaced page)
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