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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.
This is a non-exhaustive world-wide list of government-owned companies.The paragraph that follows was paraphrased from a 1996 GAO report which investigated only the 20th-century American experience.
Petronas Carigali Nile, ONGC Videsh Ltd and Nile Petroleum Corporation (also known as Nilepet, the national oil company of South Sudan) signed a Transition Agreement on January 13, 2012 with the Government of Republic of South Sudan for the continuation of its right for petroleum exploration and exploitation in Block 5A.
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.
MISC Berhad (MYX: 3816) was incorporated in 1968 as Malaysia International Shipping Corporation Berhad and is the leading international shipping line of Malaysia.In September 2005, Malaysia International Shipping Corporation Berhad adopted its present corporate identity and changed its name to MISC Berhad.
Tenaga Nasional Berhad operates three hydroelectric schemes in the peninsula with an installed generating capacity of 1,911 megawatts (MW). They are the Sungai Perak, Terengganu and Cameron Highlands hydroelectric schemes with 21 dams in operation. [8]