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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 Petronas Towers and Suria KLCC at their base. KLCC Property Holdings is the property investment arm of Malaysia's national oil company, Petronas.In 2004, Petronas sold a 46% interest in KLCCP in one of the largest initial public offerings in Malaysia that year.
Petron Corporation is the largest oil refining and marketing company in the Philippines, [4] supplying more than a third of the country's oil requirements. It operates a refinery in Limay, Bataan with a rated capacity of 180,000 barrels per day (29,000 m 3 /d). From the refinery, Petron moves its products mainly by sea to 32 depots and ...
In June 2017, the Chief Minister of Sarawak, Abang Johari Openg, announced that Sarawak will establish a state-owned oil and gas exploration company. [24] On 4 July 2017, Abang Johari announced [25] that the petroleum company would be 100 percent owned by Sarawak and will work with Petronas on an equal basis. [26]
Malaysia LNG is a subsidiary of the Malaysian national oil and gas company Petronas, which is a majority shareholder in all three LNG Ventures (MLNG Satu, MLNG Dua and MLNG Tiga). Besides Petronas, Royal Dutch Shell, Mitsubishi , JX Nippon Oil and the Sarawak Government hold a minority stake.
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]
Construction on the pipeline started in mid-2003 and was completed in 2006-2007. It was built by the Trans Thai-Malaysia (Thailand) Ltd., a project company of Petronas and the PTT Public Company Limited.
The national oil company, Petronas was ranked 216th in the Fortune 500 list in 2022, generating revenue of over RM171 billion (US$36.5 billion) and possessing total assets of over RM798 billion (US$169 billion) in the first half of 2024. [151] Petronas accounted for more than 20% of the Malaysian government's revenue from 2018 to 2023.