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Petronas – brand value increasing by 14.3% to €11.7 billion – is the strongest brand in the ranking with a Brand Strength Index score. The brand's strength is boosted by taking its responsibility as Malaysia 's national oil company seriously . The 10 strongest brands in the oil and gas sector 2022 Looking ahead, Petronas is well positioned to further strengthen its brand with the launch of a Carbon Management division to make it a comprehensive energy 'superstore'.
Petronas aims to sustainably provide a diversified range of energy and fuel options; as it aims for zero net carbon emissions by 2050. Devon triples its brand value Devon - whose brand value triples to €2 billion - is the fastest growing brand in the Phone Number Data world in the oil and gas sector. The brand value tripled and it was ranked as one of the top 50 oil and gas brands in the world for the first time. Specifically, as a result of the completion of its merger with peer WPX Energy last year. As a result, the total brand value of both entities has increased substantially.
The brand is focused on onshore exploration and drilling in the United States. Mainly, in the Delaware basin (Texas). And, to a lesser extent, in operations in New Mexico and North Dakota . The brand is benefiting from the increase in the price of basic products. Also, it is focused on addressing environmental, social and good governance priorities.
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