Manufacturer VerifiedMalaysia

Petroliam Nasional Berhad

PETRONAS

Petroliam Nasional Berhad (PETRONAS) is Malaysia's state-owned integrated oil and gas giant and the undisputed energy champion of Southeast Asia. Founded in 1974 and headquartered at the iconic PETRONAS Twin Towers in Kuala Lumpur, the company has evolved from a national petroleum regulator into a fully integrated multinational energy corporation operating in over 50 countries. In FY2025, PETRONAS

MalaysiaEst. 1974>48,000MYR 266.14 billion (~$56 billion, FY2025)Upstream: offshore Malay Basin, Sarawak Basin, Sabah Basin; International: Canada (LNG Canada), Azerbaijan (Shah Deniz), South Sudan, Indonesia; LNG: Bintulu Complex (Sarawak) — 30+ MTPA capacity; Petrochemicals: Kertih, Gebeng, and Pengerang Integrated Complex (Johor)Parent unlisted; PETRONAS Chemicals Group listed on Bursa Malaysia (5183)Score 88

Business Nature

State-Owned Integrated Energy & Petrochemicals Corporation
PETRONAS is wholly owned by the Government of Malaysia and serves as both the national petroleum regulator under the Petroleum Development Act 1974 and commercial operator across the full hydrocarbon value chain. The company manages Malaysia's petroleum resources through production sharing contracts with international oil companies while operating its own upstream, midstream, and downstream assets globally.

Core Business Areas

Fuel & Gaseous Energy (crude oil & condensate production, LNG liquefaction & export — 30+ MTPA capacity, natural gas processing & pipeline distribution)
Automotive Energy & Maintenance (PETRONAS Lubricants International — premium engine oils, transmission fluids, industrial lubricants in 100+ markets, Formula 1-derived technology)
Compressed Gaseous Fuels (LNG shipping & trading, regasification terminal investments, pipeline natural gas for power generation)
Specialty Industrial Fuels (marine bunker fuels, aviation jet fuel, naphtha feedstock for petrochemical crackers)
Petrochemicals & Plastics (PETRONAS Chemicals Group — methanol, olefins, polyethylene, polypropylene, urea, ammonia, specialty chemicals)
Renewable Energy & Low-Carbon Solutions (solar power generation, hydrogen technology development, carbon capture & storage research)

Industry Rankings

10Top 10 Fuels and Gaseous Energy Companies

Brand

Corporate Report

Executive Summary

Petroliam Nasional Berhad (PETRONAS) is Malaysia's wholly state-owned integrated oil and gas corporation and the most dominant energy enterprise in the ASEAN region. Founded in 1974 under the Petroleum Development Act, PETRONAS holds exclusive ownership and management rights over all Malaysian hydrocarbon resources — a structural monopoly that has enabled the company to build one of the world's most efficient LNG value chains. In FY2025, despite a challenging commodity price environment with Brent averaging $68.19/bbl and LNG spot prices declining, PETRONAS delivered MYR 266.14 billion (~$56 billion) in revenue with EBITDA of MYR 48.55 billion. The company retained its crown as ASEAN's most valuable and strongest oil and gas brand for consecutive years in the Brand Finance rankings, a testament to the enduring power of its global brand strategy anchored by the Mercedes-AMG PETRONAS Formula 1 partnership.

Financial Performance & Scale

PETRONAS's FY2025 financial results demonstrated noteworthy resilience: revenue of MYR 266.14 billion, EBITDA of MYR 48.55 billion, and after-tax profit (PAT) of MYR 19.2 billion despite a 15% decline year-on-year. The company employs over 48,000 people globally across upstream, gas, downstream, and corporate functions. Its listed petrochemical arm, PETRONAS Chemicals Group (Bursa Malaysia: 5183), is one of Southeast Asia's largest integrated petrochemical producers, manufacturing methanol, olefins, polymers, fertilizers, and specialty chemicals. PETRONAS's LNG portfolio — anchored by the Bintulu complex in Sarawak with a capacity exceeding 30 million tonnes per annum — serves as a critical supply source for Asian energy importers including Japan, South Korea, China, and India.

Strategic Positioning & Future Outlook

PETRONAS's forward strategy balances three priorities: (1) sustaining domestic production through enhanced oil recovery and deepwater exploration in the Malay and Sarawak basins; (2) expanding international upstream presence, particularly in Canada (LNG Canada project) and the Americas; and (3) selectively investing in low-carbon energy solutions including hydrogen, carbon capture and storage (CCS), and solar power. The company's CEO has articulated a clear focus on strengthening supply chain resilience and reallocating capital from lower-return projects toward high-value natural gas and specialty chemical niches. PETRONAS Lubricants International, the company's downstream lubricant division, continues to leverage F1-derived technology for premium positioning across 100+ markets worldwide.

VerityRank Score

88/100

VerityRank Score

88/ 100

Based on market presence, financial scale, operational capacity, and brand strength.

Quick Facts

Headquarters

Kuala Lumpur, Malaysia

Founded

1974

Employees

>48,000

Factories

Upstream: offshore Malay Basin, Sarawak Basin, Sabah Basin; International: Canada (LNG Canada), Azerbaijan (Shah Deniz), South Sudan, Indonesia; LNG: Bintulu Complex (Sarawak) — 30+ MTPA capacity; Petrochemicals: Kertih, Gebeng, and Pengerang Integrated Complex (Johor)

Listing

Parent unlisted; PETRONAS Chemicals Group listed on Bursa Malaysia (5183)

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: Official Website , PETRONAS Official Website | PETRONAS FY2025 Results | Brand Finance ASEAN Rankings | PETRONAS Annual Financial Report

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