Petroliam Nasional Berhad (PETRONAS) is a global energy company committed to producing and delivering energy and solutions needed to advance society responsibly and sustainably. With over 50,000 employees and a global reach spanning over 100 countries, we are ranked among the world’s largest corporations by revenue in Fortune Media IP Ltd’s 2023 Fortune Global 500® list.
As Malaysia’s national oil and gas company, we safeguard and manage the nation’s hydrocarbon resources. Our aim is to maximise value through our integrated business model to meet the energy needs of the nation and our customers across the globe. Our portfolio includes oil and gas, petrochemicals, petroleum products, as well as a range of cleaner energy solutions.
Ensuring sustainability is pivotal to the PETRONAS Energy Transition Strategy. Through this strategy we seek to support energy security, capture new growth opportunities and achieve net zero carbon emissions by 2050. In support of this, we strive to be a valuable partner to our stakeholders in transitioning to a lower carbon energy future in a just and responsible manner.
We are committed to achieving net zero carbon emissions by 2050 through four decarbonisation levers – zero routine flaring and venting, energy efficiency, electrification and carbon capture and storage (CCS). We are establishing three CCS hubs in Malaysia in an effort to position Malaysia as a leading CCS solutions hub in Southeast Asia. Our Kasawari project, operational in 2026, will be one of the largest offshore CCS projects in the world and has been identified as one of the 10 flagship catalyst projects in the Malaysian Government’s National Energy Transition Roadmap.