PETRONAS, the acronym for Petroliam Nasional Berhad, was incorporated on 17 August 1974 and is vested with the ownership and control of the petroleum resources in Malaysia. Fully-owned by the Malaysian government, PETRONAS operates like a multinational petroleum corporation with sound business management practices and principles guided by a complementary set of mission, vision and values.
Engaged in a wide spectrum of oil and gas operations domestically and internationally; its activities include exploration and production (E&P) to downstream oil refining; marketing and distribution of petroleum products; gas processing and liquefaction; gas transmission pipeline network operations; marketing of liquefied natural gas (LNG); petrochemical manufacturing and marketing; trading; shipping; and property investment. Over the years, PETRONAS has grown to become a fully-integrated oil and gas corporation with expanding business in Malaysia and overseas.
Ranked among FORTUNE Global 500® largest corporations in the world, PETRONAS has presence in more than 30 countries worldwide in its aspiration to be a leading oil and gas multinational of choice. PETRONAS is title sponsor of the MERCEDES AMG PETRONAS Formula One Team.
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