PETRONAS

Information about PETRONAS

Founded on August 17, 1974, PETRONAS was created to manage Malaysia’s oil and gas resources. Over the decades, it has evolved into a fully integrated energy corporation, participating in all aspects of the oil and gas industry, from upstream activities like exploration and production to downstream processes such as refining, marketing, and distribution. The company’s international presence spans more than 100 countries, underscoring its role as a significant player in the global energy market.

In recent years, PETRONAS has emphasized the importance of sustainable energy practices. In 2020, it became the first oil and gas company in Southeast Asia to declare an aspiration to achieve net-zero carbon emissions by 2050. This commitment reflects PETRONAS’s dedication to balancing energy production with environmental stewardship, aiming to contribute positively to global efforts in combating climate change.

Financially, PETRONAS has maintained a strong performance. In 2021, the company reported revenues of RM 248 billion, highlighting its significant contribution to Malaysia’s economy. The iconic PETRONAS Twin Towers in Kuala Lumpur, once the world’s tallest buildings, serve as a symbol of the company’s growth and Malaysia’s modernization. Through strategic investments and a focus on innovation, PETRONAS continues to play a pivotal role in the global energy sector.