The latest news and top stories on Petronas. A leading entity in the energy sector, Kuala Lumpur-based Petronas is a Malaysian state-owned multinational oil and gas company. It specialises in the exploration, production, refining, distribution and marketing of oil, natural gas, petrochemicals and lubricants, serving a diverse global clientele and domestic consumers. Recognised as one of the world’s largest corporations, Petronas operates in over 100 countries. Its overall business focus is on maximising value from Malaysia’s hydrocarbon resources, providing integrated energy solutions and advancing towards Net Zero Carbon Emissions by 2050.