International Business, 3rd Edition

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Chapter 10

∗ PETRONAS, short for Petroliam Nasional Berhad, was incorporated on 17 August 1974 as the national oil company of Malaysia, vested with the entire ownership and control of the petroleum resources in the country. With a strategy of integration, adding value and globalisation, it continues to deliver excellence and has forayed into other domains like Exploration and Production, Oil, Gas, Petrochemicals, Logistics and Maritime, Research and Technology. It is ranked among the FORTUNE Global 500 largest corporations in the world.

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