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  2. Petronas - Wikipedia

    en.wikipedia.org/wiki/Petronas

    Both PETRONAS and other oil companies will be subjected to 45% income tax by the federal government. Besides, 70% of any increase in oil price from the base price of US$12.72 will go to PETRONAS and the base price will increase by 5% each year so other oil companies will be able to cover for any cost inflation.

  3. List of crude oil products - Wikipedia

    en.wikipedia.org/wiki/List_of_crude_oil_products

    The three most quoted oil products are North America's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. Brent Crude is typically priced at about $2 over the WTI Spot price ...

  4. Proton E01 engine - Wikipedia

    en.wikipedia.org/wiki/Proton_E01_engine

    The Proton E01 engine, formerly known as the Petronas E01 engine, is an upcoming automobile gasoline engine by the Malaysian carmaker, Proton.Originally developed by the Malaysian oil company Petronas in 1997, the engine patents were acquired by Proton in 2012.

  5. Petron Corporation - Wikipedia

    en.wikipedia.org/wiki/Petron_Corporation

    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).

  6. Petroleum industry in Iraq - Wikipedia

    en.wikipedia.org/wiki/Petroleum_industry_in_Iraq

    Instead of a flat royalty payment, Iraq would be paid 12.5% of the sale price of each barrel. [12] However, foreign company control of Iraq's oil assets was unpopular and in 1958 Abd al-Karim Qasim overthrew Faisal II of Iraq. After seizing control of the Iraqi government, Qasim demanded better terms from IPC but decided against nationalization ...

  7. Sauber Petronas Engineering - Wikipedia

    en.wikipedia.org/wiki/Sauber_Petronas_Engineering

    Sauber Petronas Engineering AG (SPE) was a company owned jointly by the Swiss racing car manufacturer Sauber (60%) and the Malaysian oil company Petronas (40%). It was founded in 1996 [1] for the purpose of supplying engines to the Sauber Formula One team but at the same time the company began work on the design of production car engines for the Malaysian national car company Proton. [2]

  8. Petroleum Sarawak - Wikipedia

    en.wikipedia.org/wiki/Petroleum_Sarawak

    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]

  9. Price of oil - Wikipedia

    en.wikipedia.org/wiki/Price_of_oil

    Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...

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