This article is about the Malaysian oil and gas company. For the ancient Greek physician, see Petronas (physician). For the Byzantine nobleman and general, see Petronas (general).
Not to be confused with the Brazilian oil company Petrobras.
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National Petroleum Limited
Petronas is headquartered in Tower 1 of the Petronas Twin Towers (right) in Kuala Lumpur, Malaysia
Trade name
PETRONAS
Native name
Petroliam Nasional Berhad
Company type
State-owned enterprise
Industry
Oil and gas
Founded
17 August 1974; 49 years ago (1974-08-17)[1]
Founders
Government of Malaysia
Abdul Rahman Ya'kub
Abdul Taib Mahmud
Tengku Razaleigh Hamzah
Headquarters
Tower 1, Petronas Towers, 50088 Kuala Lumpur, Malaysia
Area served
Worldwide
Key people
Tengku Muhammad Taufik Tengku Aziz (President and CEO)[2] Mohd Bakke Salleh (Chairman)
Products
Petroleum, natural gas, petrochemicals, renewable sources, ready range of advanced products and adaptive solutions
Services
Filling station
Shipping services
Revenue
US$73.01 billion (2023)[3]
Operating income
US$30.08 billion (2022)
Net income
US$17.15 billion (2023)
Total assets
US$164.40 billion (2023) [4]
Total equity
US$94.28 billion (2023)
Owner
Government of Malaysia
Number of employees
47,669 (2020)[5]
Subsidiaries
See subsidiaries
Website
www.petronas.com
National Petroleum Limited (Malay: Petroliam Nasional Berhad), commonly known as Petronas (stylized in all caps), is a global Malaysian energy company with a presence in over 100 countries. Established in 1974, it is a legal entity incorporated under the Malaysian Companies Act and reports to the company's Board of Directors. The corporation 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.[6]
The Financial Times has identified Petronas as one of the "new seven sisters":,[7] considered to be influential and mainly state-owned national oil and gas companies from countries outside the OECD.
The group is engaged in a broad spectrum of petroleum activities, including upstream exploration and production of oil and gas to downstream oil refining; marketing and distribution of petroleum products; trading; gas processing and liquefaction; gas transmission pipeline network operations; marketing of liquefied natural gas; petrochemical manufacturing and marketing; shipping; automotive engineering; and property investment.[citation needed]
Petronas provides a substantial source of income for the Malaysian government, accounting for more than 15% of the government’s revenue from 2015 to 2020.[8]
The company is headquartered at Tower 1 of the Petronas Towers, located in Kuala Lumpur, Malaysia.
Petronas Tower 3, Kuala LumpurPetronas office building in Kota Kinabalu, Sabah
^Petronas celebrates a milestone The Sun Daily (6 August 2019). Retrieved on 2 June 2020.
^"PETRONAS Bids Farewell To Tan Sri Wan Zulkiflee As Its President & Group CEO; Welcomes The Appointment Of Tengku Muhammad Taufik As The New PETRONAS' President & Group CEO". Retrieved 7 July 2020.
^"Petronas Annual Report FY 2016". 14 March 2017.
^"Petronas posts RM3.4 billion net loss in Q3 on assets impairment". 27 November 2020.
^"Petronas". owler.
^"Bentley Infrastructure 500 Top Owners". Bentley. Retrieved 15 January 2022.
^The new Seven Sisters: oil and gas giants dwarf western rivals, by Carola Hoyos, Financial Times. 11 March 2007
^"Rating report: Petroliam Nasional Berhad (PETRONAS)". 11 December 2020.
2022, Petronas was ranked at 216th. It also ranked 48th globally in the 2020 Bentley Infrastructure 500. The Financial Times has identified Petronas as one...
The Petronas Towers (Malay: Menara Berkembar Petronas), also known as the Petronas Twin Towers and colloquially the KLCC Twin Towers, are an interlinked...
Petronas Towers, with their spires, are thus ranked higher than the Willis Tower (formerly the Sears Tower) with its antennas, despite the Petronas Towers'...
climbed back up to seventh in the Constructors' Championship. 1995 also saw Petronas become Sauber's presenting sponsor. They renewed their association in 2006...
Teknologi PETRONAS (UTP) is a Malaysian research university established 10 January 1997. It is wholly owned by Petroliam Nasional Berhad (PETRONAS), Malaysia's...
made up of office spaces. It is the headquarters of Petronas Carigali, the E&P subsidiary of Petronas and some of the local subsidiaries of Multinational...
Sepang International Circuit (Malay: Litar Antarabangsa Sepang) (known as Petronas Sepang International Circuit for commercial reasons), is a motorsport race...
developed jointly by Petronas and Sauber Petronas Engineering as the Petronas GP1 989cc prototype to compete in MotoGP, Petronas decided to race the motorcycle...
Petronas Methanol (Labuan) Sdn. Bhd. (PMLSB) is a subsidiary of Petronas. It was formed in 1992 when Petronas bought the methanol plant from Sabah Gas...
Petronas Office Tower or Petronas Tower 4 is an office building for Petronas in Kota Kinabalu, Sabah, Malaysia. The Petronas Office Tower is the fourth...
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...
María Petrona Viera Garino (24 March 1895 – 4 October 1960), commonly known as Petrona Viera, was an Uruguayan painter known for being the first female...
E01 engine was originally developed by Sauber Petronas Engineering, a 60:40 joint-venture between Petronas and Sauber. It was the first commercial automotive...
Petronas Kamateros (Greek: Πετρωνᾶς Καματηρός, fl. 830s) was a Byzantine official under Emperor Theophilos (r. 829–842). Petronas is the first attested...
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%)...
called Petronas Yamaha Sepang Racing Team (Petronas Yamaha SRT), while the Moto2 and Moto3 teams were named Petronas Sprinta Racing Team (Petronas SRT)...
the act allowed PETRONAS to regulate the oil and gas industry in Malaysia, and explore mineral resources in both the states. Petronas also gain control...
Petronas Gallery (Malay: Galeri Petronas) was a contemporary art gallery established in 1993 by the Malaysian multinational company Petronas to promote...
boat-making. The premier performing arts venue is the Petronas Philharmonic Hall located underneath the Petronas Towers. The resident orchestra is the Malaysian...
Petrona Morrison (born 1954) is a Jamaican sculptor and media artist. Her work is largely inspired by African art; she uses found objects in assemblages...
Petrona Eyle (18 January 1866, Baradero, Argentina – 12 April 1945, Buenos Aires) was an Argentine physician and feminist who campaigned for Latin American...
town in Terengganu, Malaysia, The town is used by Petronas Carigali – one of the subsidiaries of Petronas – and Esso Malaysia as a supply base for the oil...
director and CEO of Petronas Dagangan Berhad from 15 June 2010 to 31 August 2012, when he became a managing director and CEO of Petronas Lubricants International...
Global Information
US$73.01 billion (2023)[3]
