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Oil refinery in Kerteh. 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.
PDT received its first shipment of oil in the first quarter of 2014. The other component of PIPC is the Petronas Pengerang Integrated Complex (PIC), Petronas' largest downstream investment in a single location to date. [10] The development includes the US$16 billion Refinery and Petrochemical Integrated Development Project (RAPID).
In 1990, a new unit, Petronas Carigali Overseas Sdn Bhd, was created to take up a 15% interest in a field in Myanmar's waters being explored by Idemitsu Myanmar Oil Exploration Co. Ltd., a subsidiary of the Japanese firm Idemitsu Oil Development Co. Ltd., in a production sharing arrangement with Myanma Oil and Gas Enterprise. Thus began ...
On 8 May 2020, Petronas agreed to pay RM 2 billion in petroleum products sales tax to Sarawak with a condition that the tax will be lowered on a staggered basis in the future. Besides, both parties also agreed that the Petroleum Development Act 1974 is valid with Petronas as the sole regulator of oil and gas industry in Malaysia. [48]
SINGAPORE, Sept 24 (Reuters) - A supertanker carrying the first crude oil cargo for a refinery joint-venture project between Petronas and Saudi Aramco is expected to be unloaded on Monday ...
Malaysian state energy firm Petroliam Nasional Bhd (Petronas) said on Monday that it was not interested in acquiring a stake in India's Bina oil refinery. "While India remains a key market for ...
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.
Tombalbaye enlisted Conoco, an American oil and gas company to search for oil reserves. The company found oil in several areas in 1973-1975, notably the Doba Basin in the Central African Rift system, and the Sedigui area of Lake Chad. In 1975, Tombalbaye was killed by soldiers in a coup d'état and he was replaced with a military junta. [3]