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
Petroliam Nasional Bhd Reports Earnings Results for the Fourth Quarter and Year Ended December 31, 2013; Provides Earnings Guidance for 2014
Mar 4 14
Petroliam Nasional Bhd reported earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company's net profit jumped 45% on strong production. Net profit stood at MYR 12.76 billion, up 45% from the same period in 2012, while revenue rose 10% to MYR 84.8 billion. The group's pre-tax profit advanced to MYR 17.89 billion from MYR 15.69 billion.
Overall the company's profit increased 10% to MYR 65.59 billion for 2013 compared to 2012. Revenue added 9% to MYR 317.3 billion. The performance was achieved based on an increase in production. The group's results were boosted by improved production in Malaysia and the resumption of production in South Sudan, which had been forced to a halt due to political turmoil. pre-tax profit increased by 7% to MYR 94.26 billion as compared to MYR 89.74 billion in 2012.
The company was more cautious about 2014's outlook, saying that it would be "challenging" to again achieve such numbers.
PETRONAS Presents at The Asian Refining Technology Conference 17th Annual Meeting, Mar-05-2014 02:30 PM
Mar 2 14
PETRONAS Presents at The Asian Refining Technology Conference 17th Annual Meeting, Mar-05-2014 02:30 PM. Venue: Singapore, Singapore. Speakers: Mahpuzah Abai, Head of Process Technology R&D.
Petronas Seeks To Sell Stake In 5 Oilfields
Feb 28 14
Petroliam Nasional Berhad has reportedly hired Bank of America Merrill Lynch to sell its stake in five oilfields in Vietnam for $300 million.
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