Petrol Etc Companies in Malaysia

The Malaysian government has a monopoly on the petroleum and gas industries in Malaysia. The state-owned oil company, Petronas, is the largest company in Malaysia and is involved in all aspects of the petroleum industry, from exploration and production to marketing and distribution.

The Malaysian government provides significant tax breaks and other incentives to encourage foreign investment in the petroleum and gas industries. As a result, there are a number of multinational oil and gas companies operating in Malaysia, including Shell, ExxonMobil, and Chevron.

The Malaysian government has a policy of encouraging domestic consumption of petroleum and gas, and as a result, prices for these products are relatively low compared to other countries in the region. This has made Malaysia a popular destination for energy-intensive industries, such as manufacturing and petrochemical processing.