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
Executive Vice President of Finance and Executive Director
Chief Executive Officer of MISC Berhad and President of MISC Berhad
Chief Executive Officer of Exploration and Vice President
Compensation as of Fiscal Year 2013.
Petroliam Nasional Berhad Key Developments
Deleum Appoints Datuk Ir (Dr) Abdul Rahim Bin Hashim as Non-Executive Director
Nov 15 13
Deleum has appointed Datuk Ir (Dr) Abdul Rahim bin Hashim as Non-Executive Director. The effective date is November 15, 2013.
Petronas Close To Selling Stake In Canadian Shale Assets To Indian Company
Nov 13 13
Petroliam Nasional Berhad is close to selling a stake in its Canadian shale gas assets to an Indian company. "At this point of time, it is very positive but it's subject to government approval, which should be any time now," Petroliam Nasional President and Chief Executive Officer Tan Sri Shamsul Azhar Abbas told a news conference on November 12, 2013.
IOC Reportedly In Talks To Buy Petronas 10% Stake In Progress Energy
Nov 12 13
Indian Oil Corporation Limited (BSE:530965) is in talks to buy Petroliam Nasional Berhad's 10% stake in Progress Energy Resources Corp. Petronas, another source said, is seeking between $1.1 billion to $1.5 billion for its 10% stake. Shamsul Azhar Abbas, Chief Executive Officer of Petronas, said in Kuala Lumpur that Petronas was close to selling a stake in its Canadian shale gas assets to an Indian company. Sources said the details of deal between IOC and Petronas have not yet been finalized as negotiations are far from being concluded.
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