Gasoline Companies in Malaysia

The petroleum industry in Malaysia is one of the most important industries in the country. Malaysia is a major producer and exporter of petroleum and natural gas. The country is also a significant refining center.

The petroleum industry began in Malaysia during the late 19th century, when the British established the Malaysian Petroleum Company (MPC) in 1885. The MPC was the first oil company to operate in Malaysia. The company drilled its first well in Miri, Sarawak in 1910.

The discovery of oil in Miri sparked a rush of oil companies to Malaysia. The British government established the Malaysian Oilfields Limited (MOL) in 1914 to develop the oil resources in the country.

During the early 20th century, the Malaysian oil industry was dominated by foreign companies. The British companies controlled the majority of the country’s oil resources.

The situation changed after World War II, when the British government nationalized the oil industry in Malaysia. The nationalized companies were merged to form the Petroleum Nasional Berhad (PETRONAS) in 1974.

PETRONAS is the largest oil and gas company in Malaysia. The company is involved in the exploration, production, refining, and marketing of petroleum products.