Platts to Unveil World's Top 250 Energy Firms November 2; Singapore Trade & Industry Minister to Keynote

SINGAPORE, Oct. 24, 2011 /PRNewswire/ -- Singapore Minister of State for Trade & Industry Teo Ser Luck will address energy executives at the unveiling of the tenth annual Platts Top 250 Global Energy Company Rankings™ on November 2 at an awards dinner to be held in Singapore.  

"When the Platts Top 250 Global Energy Company Rankings were first published for fiscal 2001, Asia was just beginning its rapid ascent on the world energy scene. Since then, Asia-Pacific oil and power firms have consistently moved up in our global rankings," said Larry Neal, president of Platts, a leading global energy, petrochemicals and metals information provider and host of the event. "We look forward to Minister Teo Ser Luck's insights on the region's decade of energy success and his outlook for the future."

Mr. Teo Ser Luck was appointed Minister of State for Trade and Industry on May 21, 2011 and has actively championed the global energy sustainability imperative as well as the vision of Singapore as Asia's gateway to clean technology development. Teo Ser Luck is also mayor of the North East District Community Development Council and was elected Member of Parliament in 2006 for Pasir Ris-Punggoi Group Representation Constituency. The World Economic Forum in 2007 honored him as a young global leader for his contribution to the business and community services sectors.

In addition to announcing the full roster of the world's leading 250 energy companies, Platts will identify and honor at the dinner the top ten Asian energy companies, top ten fastest growing companies in Asia, and top Asian energy companies in each of eight industry segments*.

For a second year, guest host and moderator CNBC Asia-Pacific Correspondent Saijal Patel will join Platts executives on stage to honor energy executives from Asia and other regions for their leadership role in energy.

The Platts Top 250 Global Energy Companies Awards Dinner, now in its sixth year, is being held in association with Singapore International Energy Week (SIEW), a tradition begun in 2009. 

The annual Platts Top 250 Global Energy Company Rankings are based on financial performance in four key arenas: asset worth, revenues, profits and return on invested capital (ROIC). All companies in the list have assets in excess of US$3.5 billion. Underlying data come from S&P Capital IQ, a brand division of The McGraw-Hill Companies.

The 2011 Platts Top 250 Global Energy Company Awards Dinner is sponsored by OpenLink, a developer of energy and financial trading and risk management software solutions with offices in New York, London and Houston.

For a list of last year's Platts Top 250 rankings and additional information, visit http://www.platts.com/top250/.  For dinner sponsorship click here or contact Samuel Tang at +65 6530 6510 or [email protected].

Accredited media may attend the dinner as Platts' guests with advanced registration. Television cameras are welcome.

*Coal & consumable fuels (C&CF), electric utilities (EU), gas utilities (GU), independent power producers & energy traders (IPP), integrated oil & gas (IOG), oil and gas exploration & production (E&P), diversified or multi-utilities (DU), oil & gas refining & marketing (R&M).  

About Platts: Founded in 1909, Platts is a leading global provider of energy, petrochemicals and metals information and a premier source of benchmark prices for the physical and futures markets.  Platts' news, pricing, analytics, commentary and conferences help customers make better-informed trading and business decisions and help the markets operate with greater transparency and efficiency.  Customers in more than 150 countries benefit from Platts' coverage of the carbon emissions, coal, electricity, oil, natural gas, metals, nuclear power, petrochemical, and shipping markets.  A division of The McGraw-Hill Companies (NYSE: MHP), Platts is headquartered in New York with approximately 900 employees in more than 15 offices worldwide. Additional information is available at http://www.platts.com.

About The McGraw-Hill Companies: Founded in 1888, The McGraw-Hill Companies is a leading global financial information and education company that helps professionals and students succeed in the Knowledge Economy.  With leading brands including Standard & Poor's, McGraw-Hill Education, Platts energy information services and J.D. Power and Associates, the Corporation has approximately 21,000 employees with more than 280 offices in 40 countries.  Sales in 2010 were $6.2 billion.  Additional information is available at http://www.mcgraw-hill.com.

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SOURCE Platts