Entity: PETRONAS
PETRONAS, short for Petroliam Nasional Berhad, is a Malaysian multinational oil and gas company responsible for various aspects of the petroleum industry. It is a government-owned corporation with a significant presence in exploration, production, refining, distribution, and marketing of petroleum products.
PETRONAS
Etymology
PETRONAS is derived from the acronym for Petroliam Nasional Berhad.
Definition
PETRONAS refers to the National Oil Company of Malaysia, responsible for various activities in the oil and gas industry.
Historical Context
Established under the Petroleum Development Act 1974, PETRONAS has played a crucial role in Malaysia's economic development through its involvement in petroleum exploration, production, and distribution.
Cultural Significance
PETRONAS is a symbol of Malaysia's energy sector prowess and a key player in the country's economy, showcasing technological advancements and innovation.
Related Concepts
PETRONAS is often associated with the Malaysian government, energy security, and the global oil and gas market.
See Also
PETRONAS is an acronym for Petroliam Nasional Berhad, the National Oil Company of Malaysia, involved in the oil and gas sector.