Petroliam Nasional Bhd - Company Profile
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Petroliam Nasional Bhd (Petronas) is a global energy company engaged in the production and delivery of energy and solutions. The company's main activities include managing Malaysia's hydrocarbon resources and operating an integrated business model to meet energy needs. Petronas' portfolio encompasses oil and gas, petrochemicals, and petroleum products, along with a range of cleaner energy solutions. The company serves a diverse customer base across various industries, providing energy solutions that support societal advancement. Petronas operates through a network of channel partners and distribution networks to reach its global clientele. The company has a presence in multiple geographic locations, targeting markets worldwide. Petronas is headquartered in Kuala Lumpur, Malaysia.
Headquarters
Malaysia
Address
PETRONAS Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur (Federal Territory of), 50088
Website
www.petronas.com
Telephone
603 2051 5000
No of Employees
54,105
Industry
Energy and Utilities
Revenue (2024)
$66.7B
Petroliam Nasional Bhd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Natural Gas | Carbon Capture Storage: | Urania |
| Crude Oil | CO2 Transportation | Selenia |
| Liquefied Natural Gas (LNG) | CO2 Storage Site and Injection | Syntium |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In November, PETRONAS Carigali Sdn Bhd, PTTEP, and Kuwait Foreign Petroleum Exploration Co entered into an agreement to sell a 30% stake in Lang Lebah and B14 Gas Fields off the coast of Sarawak, Malaysia, to TotalEnergies. |
| 2026 | Contracts/Agreements | In October, the company signed a partnership with Vietnam National Industry – Energy Group (Petrovietnam) to promote energy security, sustainability, and long-term value creation. |
| 2026 | Contracts/Agreements | In August, the company in a joint venture with Santos, Korea Gas, and TotalEnergies entered into agreements to acquire 100% of the Meridian CSG project in Queensland, Australia. |
Competitor Comparison
| Key Parameters | Petroliam Nasional Bhd | China National Petroleum Corp | PetroChina Co Ltd | PTT Public Co Ltd | CPC Corp |
|---|---|---|---|---|---|
| Headquarters | Malaysia | China | China | Thailand | Taiwan |
| City | Kuala Lumpur | Beijing | Beijing | Bangkok | Taipei |
| State/Province | Kuala Lumpur (Federal Territory of) | Beijing | Beijing | Bangkok (Krung Thep Maha Nakhon) | - |
| No. of Employees | 54,105 | - | 367,173 | 29,808 | 16,637 |
| Entity Type | Government | Government | Public | Public | Government |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Muhammad Taufik Tengku Kamadjaja Aziz | President; Chief Executive Officer | Executive Board | - | 51 |
| Liza Mustapha | Chief Financial Officer; Executive Vice President; Director | Executive Board | 2021 | 54 |
| Mohd Jukris Abdul Wahab | Chief Operating Officer | Senior Management | 2026 | - |
| Mohd Bakke Salleh | Chairman | Non Executive Board | - | 70 |
| Ruslan Islahudin | Senior Vice President; Chief Human Resources Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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