Oil, Gas and Consumable Fuels
Company Overview of Petroliam Nasional Berhad
Petroliam Nasional Berhad, together with its subsidiaries, operates as an integrated oil and gas company in Malaysia and internationally. It operates through Exploration and Production, Gas and Power, and Downstream segments. The company engages in the exploration, development, and production of crude oil and natural gas; liquefaction, transportation, and sale of liquefied natural gas (LNG); processing and transmission of natural gas; and sale of natural gas products. It is also involved in refining, trading, and marketing crude oil and petroleum products; and manufacturing, marketing, and trading petrochemical products. In addition, the company owns and operates a network of retail stations...
PETRONAS Twin Towers
Kuala Lumpur City Centre
Kuala Lumpur, 50088
Founded in 1974
Key Executives for Petroliam Nasional Berhad
Group Chief Financial Officer and Executive Vice President
Chief Executive Officer of Upstream
Chief Executive Officer of MISC Berhad and President of MISC Berhad
Compensation as of Fiscal Year 2014.
Petroliam Nasional Berhad Key Developments
Petroliam Nasional Berhad Plans to Trim its Workforce by More Than 10%
Jan 17 15
Petroleum Nasional Bhd (Petronas) plans to trim its workforce by more than 10% as part of measures to lower operating cost in response to the plunging global oil prices.
Petroliam Nasional Mulls Acquisitions
Jan 17 15
Petroliam Nasional Berhad, which is curtailing its expenditure, may look for acquisitions. Chief executive officer Tan Sri Shamsul Azhar Abbas said that there is cash urgency for the government's growth contribution and also for Petronas' own needs and future acquisitions.
Petroliam Nasional Berhad Plans USD 1 Billion Investment in C02 Fields
Dec 12 14
Petroliam Nasional Berhad announced that it will set aside up to USD 1 billion (MYR 3.49 billion) for the development of engineering and technology solutions to recover natural gas from high carbon dioxide (CO2) concentration gas fields. The investment is for the first phase of the project which will run until 2018. The project will be undertaken by Petronas' upstream arm Petronas Carigali and four local and international partners namely Technip Consultant (M) Sdn Bhd, UOP Malaysia Sdn Bhd, General Asia Sdn Bhd and Twister BV. The offshore cryogenic distillation facility aims to reduce the CO2 concentration to 6.5% which makes it suitable for liquified natural gas (LNG) processing.
Similar Private Companies By Industry
Recent Private Companies Transactions
Most Searched Private Companies
Sponsored Financial Commentaries