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Petroliam Nasional Berhad, commonly known as PETRONAS (stylised in all caps), is a Malaysian multinational oil and gas company headquartered in Kuala Lumpur. Established in 1974, it is a legal entity incorporated under the Malaysian Companies Act 1965 and reports to the company's Board of Directors. The corporation, with a presence in over 100 ...
The pipeline is part of the Petronas development project of "Sabah–Sarawak Integrated Oil and Gas Project", [1] and has start operating since early 2014. [2] Due to the unstable geographic location of the pipeline with frequent soil movement and subsidence that is causing frequent gas leaks, the pipeline between Lawas to Bintulu is in the ...
Pengerang Integrated Petroleum Complex (PIPC) is a megaproject development in Pengerang, Kota Tinggi District, Johor, Malaysia. It spans over an area of 80 km 2 and is currently the largest petrochemical complex in Malaysia, and one of the major petrochemical hubs in the world. [ 1 ]
Capitalism relies on the efficient allocation of capital to deliver returns to investors over the short, medium and long term. It is the job of companies to manage the financial capital that investors provide and also to create and preserve the value generated from other forms of non-financial data such as people, trademarks/copyrights and natural resources or nature, the basis of all life.
Sustainability reporting refers to the disclosure, whether voluntary, solicited, or required, of non-financial performance information to outsiders of the organization. [1] Sustainability reporting deals with qualitative and quantitative information concerning environmental, social, economic and governance issues.
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Petron Megaplaza in Makati, Philippines was Petron's headquarters from 1998 to 2010.. Petron's history dates back to September 7, 1933, when Socony-Vacuum Oil Company (Standard Oil of New York) and Standard Oil of New Jersey (also known as Jersey Standard) merged their interests in the Far East into a 50–50 joint venture named the Standard Vacuum Oil Company (Stanvac).
Kerteh is the base of operations for Petronas in Terengganu, overseeing the oil platform operations off the state's coast as well as petrochemicals production, [1] natural gas processing [2] and crude oil refining. [3] The oil refinery began operating in March 1983 and reached full capacity by late 1983.