48 Facts About Petronas Dagangan

Petroliam Nasional Berhad, commonly known as Petronas Dagangan, is a Malaysian oil and gas company.

Petronas Dagangan ranked 48th globally in the 2020 Bentley Infrastructure 500.

Since its incorporation, Petronas Dagangan has grown to be an integrated international oil and gas company with business interests in 35 countries.

Petronas Dagangan was incorporated on 17 August 1974, and Tengku Razaleigh became its inaugural chairman.

Petronas Dagangan then served a notice to all foreign oil companies that after 1 April 1975, all the foreign oil companies would be operating illegally in Malaysian waters if they do not start negotiations with Petronas Dagangan.

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Petronas Dagangan first embarked on the oil exploration and production activities with the formation of Petronas Dagangan Carigali Sdn Bhd in 1978.

In 1980, Petronas Dagangan expanded its downstream businesses by setting up ASEAN Bintulu Fertiliser plant in Sarawak.

In 1990, Petronas Dagangan invited foreign companies to re-explore parts of the sea off Sabah and Sarawak on the basis of new surveys using up-to-date techniques.

Petronas Dagangan was not just another big oil company: it controlled a crucial sector of the economy and remained, for better or worse, an indispensable instrument of the state.

In 1996, Petronas Dagangan entered the aromatics market by way of a joint venture that created Aromatics Malaysia Sdn Bhd.

That year, Petronas Dagangan introduced the Petronas Dagangan E01, the country's first commercial prototype engine.

Petronas Dagangan signed a total of five new production sharing contracts in 1998 and 1999, and began oil production in the Sirri field in Iran.

Petronas Dagangan entered the new century determined to expand its international efforts.

Petronas Dagangan forged deals for two new exploration plots in Pakistan and began construction on the Chad-Cameroon Integrated Oil Development and Pipeline Project.

Petronas Dagangan realised that it would have to continue its aggressive growth strategy to ensure its survival in the years to come.

On 9 April 2019, Petronas Dagangan was praised for its role in the Sudanese oil and gas industry by Minister of Oil and Gas engineer Yagoub Adam Bashir Gamaa.

On 29 October 2012, Petronas Dagangan sources said it would renew a bid for gas producer Progress Energy Resources after Canada blocked its bid earlier that month.

On 17 January 2013, Petronas Dagangan issued a statement that an onshore oil and gas discovery has been made in the state after drilling a test well about 20 kilometres away from the city of Miri in northern Sarawak.

On 2 May 2015, Petronas Dagangan completed its acquisition of oil and gas assets in Azerbaijan from Norway's Statoil for US$2.

On 25 July 2017, Petronas Dagangan cancelled a $36-billion liquefied natural gas project, the Pacific Northwest LNG, which was considered ambitious and a priority in the Canadian province of British Columbia.

Petronas Dagangan has never publicly showed an interest in the adverse effects of its activities on the communities in its concession area.

Petronas Dagangan was permanently represented in the Operating Committee and has never publicly distanced itself from any of its decisions.

Petronas Dagangan has never publicly responded to the allegations of negative impacts in Sudan or discussed the issue with local communities.

Petronas Dagangan is not known to have taken adequate measures to prevent involvement in human rights violations during the oil war or to undo the adverse impacts of its consortium's operations.

Petronas Dagangan was a loyal participant in the consortium that operated in Block 5A and had a substantial say in the way it operated.

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In early October 2021, the Sudanese transitional government made moves to confiscate Petronas Dagangan's assets, alleging that they had been acquired through illegal means under the rule of ousted Sudanese President Omar al-Bashir.

Petronas Dagangan has sought to cancel the manager's arrest warrant and submitted a request for arbitration at the World Bank's International Centre for Settlement of Investment Disputes .

Petronas Dagangan's logo was created in 1974 by Dato Johan Ariff of Johan Design Associates.

Petronas Dagangan is responsible in creating logos for other Petronas subsidiaries, JVs, link-companies and properties, including Kuala Lumpur City Centre, MISC, MMHE, Universiti Teknologi Petronas, Kuala Lumpur Convention Centre, Putrajaya Holdings, Prince Court Medical Centre, PETLIN, Malaysian Petroleum Club and Mesra Mall.

In 2013, Petronas Dagangan introduced a refreshed version of its corporate logo at the 2013 Asia Oil and Gas Conference .

Petronas Dagangan is a corporation wholly-owned by the government of Malaysia and is directly answerable to the prime minister of Malaysia.

Petronas Dagangan has been publishing its financial reports online since 2008.

In 2007, Petronas Dagangan revenue come from petroleum exports from Malaysia, domestic operations and international operations .

Petronas Dagangan continuously provides the Malaysian government dividends from its profits.

Petronas Dagangan has over 800 petrol stations around Malaysia as of July 2007, and further increased to 870 stations in January 2008.

Petronas Dagangan Chemicals is the latest company to be publicly listed.

Petronas Dagangan is an official recommended flagship fuel and lubricants for Mercedes-Benz, Proton, Perodua, and Tata Motors for automobiles.

Petronas Dagangan was one of the main sponsors of the BMW Sauber Formula One team alongside Intel, and supplied lubricants and fuel to the team.

Petronas Dagangan was the main sponsor for the Malaysian Grand Prix, and co-sponsored the Chinese Grand Prix, and the inaugural Korean Grand Prix.

Petronas Dagangan was the exclusive premium partner of the Sauber Petronas Dagangan and BMW Sauber F1 teams.

On 21 December 2009, Petronas Dagangan was confirmed as moving from BMW Sauber to the newly formed Mercedes AMG Petronas Dagangan Formula One team.

In terms of further Formula One involvement, every year Petronas Dagangan took the BMW Sauber team to various parts of Malaysia for F1 demos, so the public who are unable to go to the track itself get to experience a little bit of what F1 offers.

Petronas Dagangan signed a three-year sponsorship agreement with Yamaha MotoGP team.

The Petronas Dagangan branding can be seen starting Qatar race on the 10 to 12 April 2009.

Since 2010, Petronas Dagangan has been the main sponsor of the Mercedes AMG Petronas Dagangan F1 team.

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Since 2014, Petronas Dagangan has been supplying fuel and lubricants for Mercedes-AMG customer teams, including Force India, Lotus for 2015, Manor for 2016 and Williams from 2017.

Since 2019, Petronas Dagangan is the main sponsor of the new Petronas Dagangan Yamaha SRT, which became the satellite team for Yamaha in MotoGP following Tech3's switch to KTM bikes after 20 years with Yamaha bikes.

Petronas Dagangan has its own research university, Universiti Teknologi Petronas Dagangan .