Petronas Oil
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Petronas Oil
Petroliam Nasional Berhad, commonly known as PETRONAS (stylised in all caps), is a Malaysian multinational oil and gas company headquartered in Kuala Lumpur. Established in 1974, it is a legal entity incorporated under the Malaysian Companies Act 1965 and reports to the company's Board of Directors. Petronas is vested with all oil and gas resources in Malaysia and is entrusted with the responsibility of developing and adding value to these resources. Petronas is a vertically integrated company and actively in all areas of the oil and gas industry, including exploration and extraction, refining, distribution and marketing, power generation, and trading. Petronas has operations in over 100 countries and has sales office in 22 countries, produced around 9 billion barrels of oil equivalent and 50 trillion cubic feet of gas and has around 1,000 service stations nationwide as well as 1,200 Engen stations in South Africa and Sub-Saharan Africa. As of 31 December 2024, Petronas ha ...
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Petrobras
Petróleo Brasileiro S.A., better known by and Trade name, trading as the portmanteau Petrobras (), is a Brazilian state-owned enterprise, majority state-owned multinational corporation in the petroleum industry headquartered in Rio de Janeiro. The company's name translates to Brazilian Petroleum Corporation — Petrobras. The company was ranked #71 in the 2023 Fortune Global 500, ''Fortune'' Global 500 list. In the 2023 Forbes Global 2000, ''Forbes'' Global 2000, Petrobras was ranked as the 58th-largest public company in the world. History Petrobras was created in 1953 under the Second presidency of Getúlio Vargas, government of Brazilian president Getúlio Vargas with the slogan "The Oil is Ours" (Portuguese: "O petróleo é nosso"). It was given a legal monopoly in Brazil. In 1953, Brazil produced only 2,700 barrels of oil per day. In 1961, the company's REDUC refinery began operations near Rio de Janeiro, and in 1963, its Cenpes research center opened in Rio de Janeiro ...
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