Malaysia
PETRONAS, with its slogan "Passionate about Progress," is a global energy company based in Malaysia, founded in 1974. It boasts close to 50,000 employees and operates in over 100 countries. PETRONAS is a major player in the manufacturing industry and is listed among the world’s largest corporations by revenue in the Fortune Media IP Ltd’s 2022 Fortune Global 500® list.
The company's activities span across Upstream, Gas, and Downstream operations, with a recent foray into cleaner energy solutions through its new entity, Gentari, offering renewables, hydrogen, and green mobility services alongside its core portfolio.
PETRONAS is dedicated to producing oil and gas in a differentiated manner, with a specific focus on reducing carbon emissions and maintaining competitive costs. With a strong emphasis on sustainability, the company is committed to Net Zero Carbon Emissions by 2050 (NZCE 2050), aligning its business growth with positive contributions to society and the environment.
Although the last investment and its investors are not specified, it's worth noting that PETRONAS remains a key player in the LNG market and is well-positioned to serve the evolving global energy landscape.
Overall, PETRONAS presents itself as a dynamic and forward-thinking energy giant, well-poised to drive progress and sustainability in the energy sector.
