PETRONAS - About the company
PETRONAS is a funded company based in Kuala Lumpur (Malaysia), founded in 1974 by Tengku Razaleigh Hamzah, Wan Jasonsus, Abdul Rahman Ya'kub and Abdul Taib Mahmud. It operates as a Provider of integrated solutions across the energy value chain globally. PETRONAS has raised an undisclosed amount in funding. The company has 4265 active competitors, including 156 funded and 1048 that have exited. Its top competitors include companies like Shell, MET Petroleum AG and Dominion Energy.
Company Details
Provider of integrated solutions across the energy value chain globally. The company operates core businesses to meet energy demands and contribute to a better tomorrow. It focuses on decarbonisation solutions through carbon capture and storage initiatives. The company strengthens its business foundation to pursue its energy transition strategy. It delivers impact in education, community well-being and the environment.
- Website
- www.petronas.com/
- Email ID
- *****@petronas.com
- Phone Number
- +60 **********
Key Metrics
Founded Year
1974
Location
Kuala Lumpur, Malaysia
Stage
Funding Raised
Latest Funding Round
Ranked
132nd among 4265 active competitors
Annual Revenue
$1B+ as on Dec 31, 2024
Employee Count
40,407 as on Sep 30, 2026
Legal entities associated with PETRONAS
PETRONAS is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
PETRONAS ENERGY (INDIA) PRIVATE LIMITED CIN: U74999DL2017FTC310061 , India, Strike off | Jan 02, 2017 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
Petroliam Nasional Berhad CIN: 19740100211 , Malaysia, Active | Dec 31, 1973 | $1B+ (As on Dec 31, 2024) | 47669 (As on Dec 31, 2019) | - |
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PETRONAS's funding and investors
PETRONAS has raised funding over 1 round.
Here is the list of recent funding rounds of PETRONAS:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 23, 2021 | 2872721 | Conventional Debt | 3829093 | 7648034 | 4269499 | 1985845 |
View details of PETRONAS's funding rounds and investors
PETRONAS's founders and board of directors
Founder? Claim ProfileThe founders of PETRONAS are Tengku Razaleigh Hamzah, Wan Jasonsus, Abdul Rahman Ya'kub and Abdul Taib Mahmud. Tengku Razaleigh Hamzah, Abdul Aziz Othman, Nor Hazleen Madros and YM Tan Sri Tengku Muhammad Taufik Tengku Kamadjaja Aziz are the CEOs of PETRONAS.
Here are the details of PETRONAS's key team members:
- Tengku Razaleigh Hamzah: Co-Founder & CEO of PETRONAS. They serve on the board of 1 company.Contact Info: 1 email address
- Wan Jasonsus: Founder of PETRONAS. Contact Info: 1 email address
- Abdul Rahman Ya'kub: Former Co-Founder of PETRONAS. Contact Info: 1 email address
- Abdul Taib Mahmud: Former Co-Founder of PETRONAS.
PETRONAS's Board of Directors
PETRONAS's board has 11 active members. Tengku Razaleigh Hamzah, Liza Binti Mustapha, Tan Sri Dato’ Seri Mohd Bakke Salleh, Ir Mohd Yusri Mohamed Yusof, Datuk Adif Zulkifli, Datuk Sazali Hamzah, Ruslan Islahudin, Razman Hashim, Marina Md Taib, Mohd Jukris Abdul Wahab and Datuk Ir. Bacho Pilong are part of team.Here is the list of PETRONAS's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | - | |
fxjtjhu | Team | - | Current | 9y 6m |
cspvwc{ | Team | - | Current | 2y 7m |
jlzgmft | Team | - | Current | 8y 6m |
ipkjwxg | Team | - | Current | 4y 9m |
ptcdazt | Team | - | Current | 9y 1m |
ltu{hdi | Team | - | Current | 5y 8m |
sninwbh | Team | - | Current | 9y 9m |
qcdjbce | Team | - | Current | 5y 7m |
tdwalob | Team | - | Current | 8y 4m |
fhulppi | Team | - | Current | 5y 7m |
View details of PETRONAS's Founder profiles and Board Members
PETRONAS's employee count trend
PETRONAS has 40,407 employees as of Sep 26. Here is PETRONAS's employee count trend over the years:
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PETRONAS's Competitors and alternates
Top competitors of PETRONAS include Shell, MET Petroleum AG and Dominion Energy. Here is the list of Top 10 competitors of PETRONAS, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Shell 1907, London (United Kingdom), Public | Provider of natural gas & oil exploration, refining, midstream, and upstream services | - | 78/100 | |
2nd | MET Petroleum AG 2012, Zug (Switzerland), Acquired | Provider of natural gas, power, oil, LNG/LPG, and power generation services | $58.7M | 73/100 | |
3rd | Dominion Energy 1983, United States, Acquired | Producer and transporter of energy | - | 73/100 | |
4th | Diversified multi-utility and waste management services | $9.86M | 72/100 | ||
5th | Chessapeake 1989, Oklahoma City (United States), Public | Exploration and production of unconventional oil and gas | $460M | 72/100 | |
6th | Sunoco 1889, United States, Early Stage | Petroleum products distribution company | $350K | 72/100 | |
7th | Provider of natural gas & oil exploration and transportation services | - | 71/100 | ||
8th | Provider of liquid storage, transportation and distribution services | - | 71/100 | ||
9th | Mahanagar Gas 1995, Mumbai (India), Public | Fuel & gas distribution company | - | 70/100 | |
10th | Aramco 1993, Dhahran (Saudi Arabia), Public | Provider of exploration and production services for oil and gas sector | - | 69/100 | |
132nd | Provider of integrated solutions across the energy value chain globally | - | - | 50/100 |
Looking for more details on PETRONAS's competitors? Click here to see the top ones
PETRONAS's Investments and acquisitions
PETRONAS has made 9 investments in companies including Log9 and Aerodyne. PETRONAS has also acquired 5 companies including Perstorp and BRB International.Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 23, 2023 | Investments | 2015 | Bengaluru (India) | |
Sep 08, 2022 | Investments | 2014 | Cyberjaya (Malaysia) | |
Aug 26, 2022 | Investments | 2015 | Bengaluru (India) |
See all investments and acquisitions by PETRONAS
News related to PETRONAS
Media has covered PETRONAS for a total of 140 events in the last 1 year, 79 of them have been about company updates and 12 about partnerships.
•
Velesto Energy Secures New Drilling Contract with Petronas Carigali in MalaysiaOffshore Energy•Nov 05, 2026•Velesto, PETRONAS
•
TotalEnergies Strengthens Methane Emissions Reduction Cooperation with PETRONAS, SONANGOL, and Oil IndiaEuropaWire•Nov 02, 2026•TotalEnergies, Sonangol, PETRONAS
•
Petronas says Singapore grants conditional approval for regional power corridorReuters•Oct 26, 2026•PETRONAS
•
Petronas LNG: A Reliable, Flexible, and Trusted Partner for China's Evolving Energy NeedsChina Daily•Oct 26, 2026•PETRONAS
•
Petronas, TotalEnergies, and Mitsui Ink Deal to Develop CO2 Storage Area Off Peninsular MalaysiaOffshore Energy•Oct 23, 2026•Mitsui, TotalEnergies, PETRONAS, Oil India and 3 others
•
Petronas and Petrovietnam Strengthen Strategic Alliance for Energy Security and Low-Carbon GrowthOffshore Energy•Oct 19, 2026•com.vn, PETRONAS
•
TGS to Reprocess Seismic Data for Petronas’ Megah DiscoveryOedigital•Oct 01, 2026•TGS, PETRONAS, Com.my
•
Shell's Canadian LNG Project Expansion Awards Fluor-JGC JV Multibillion-Dollar ContractOffshore Energy•Sep 29, 2026•JGC Holdings Corporation, Fluor, LNG Canada, PETRONAS and 1 other
•
Eni and Petronas JV Extend Drilling Backlog for Ventura Offshore’s Semi-Sub RigOedigital•Sep 25, 2026•PETRONAS, Eni Next, Valaris
•
PETRONAS Invests in Future Talent Through Education SponsorshipCyprus Shipping News•Sep 25, 2026•PETRONAS
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