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Petroliam Nasional Berhad, commonly known as PETRONAS (stylized 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. The corporation, with a presence in over 100 ...
In 2006 White Nile (5B) Petroleum Operating Co started production at the Thar Jath field in Block 5A on behalf of the Contractors (Petronas, ONGC and Sudapet). The company was jointly owned by Petronas of Malaysia (50%) and Sudapet of Sudan (50%). The initial rate of production was 40,000 bbl/day, expected to rise to 54,000 bbl/day by 2009 and ...
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.
San Miguel Corporation (68.26%)[3] Website. www.petron.com. 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).
17,799 (2014) Parent. OMV (51%) Romanian Government (20%) Website. www.omvpetrom.com. OMV Petrom S.A. is a Romanian integrated oil company, controlled by Austria's OMV. [1] It is one of the largest corporations in Romania and the largest oil and gas producer in Southeast Europe. [2] Since 2004 it is a subsidiary of OMV. [3]
20,592 (2023) Website. OMV.com. OMV (formerly abbreviation for Österreichische Mineralölverwaltung Aktiengesellschaft (English: Austrian Mineral Oil Administration Stock Company)) is an Austrian multinational integrated oil, gas and petrochemical company which is headquartered in Vienna, Austria. The company is listed on the Vienna Stock ...
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]
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 Industries . The plant was commissioned under Sabah Gas Industries in 1984 to produce Grade AA methanol using Lurgi 's low-pressure combined reforming technology.