Petronas

Malaysian state-owned oil and gas company

Petroliam Nasional Berhad, commonly known as PETRONAS, 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 corporation, with a presence in over 100 countries, is vested with all oil and gas resources in Malaysia and is entrusted with the responsibility of developing and adding value to these resources. In the annual Fortune Global 500 list for 2022, Petronas was ranked at 216th. It also ranked 48th globally in the 2020 Bentley Infrastructure 500.

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The country has set ambitious energy targets, aiming to cut its carbon intensity by 45% and ensure that 50% of its cumulative electric power comes from..
Credit: DNA - Published 2 days ago

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