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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.
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.
Malaysia's state energy firm Petronas is forecast to contribute to government coffers as much as 59 billion ringgit ($13.25 billion) this year, a cabinet minister said in a statement to parliament ...
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]
Malaysian state energy giant Petronas said the risks of delays to some of its projects were rising due to prolonged coronavirus-related lockdowns around the world. Petronas, which operates in more ...
Petronas LNG Ltd., a subsidiary of Malaysia's state oil and gas company Petronas won a bid to supply 130,000 tonnes of liquefied natural gas (LNG) to Thailand's state-owned Electricity Generating ...
Petronas Chemicals Fertiliser Kedah Sdn Bhd (PCF(K)SB) is a Malaysian urea production company and a wholly owned subsidiary of Petronas, located in Kuala Muda District, Kedah. The company is involved in petrochemical manufacturing, mainly producing granular urea for use in local and foreign agricultural industries.
Malaysia's Petroliam Nasional Berhad, or Petronas, has filed a court application to declare its exclusive ownership of the country's petroleum resources, following a move by the state of Sarawak ...