Petronas, short for Petroliam Nasional Berhad, is a Malaysian oil and gas multinational operating in over 50 countries across the world. The company performs a wide variety of activities including the production, marketing and distribution of petroleum products. Petronas was founded in 1974 as a government-owned corporation, has more than 100 subsidiaries and employs over 50,000 staff worldwide. The company headquarters are based in Kuala Lumpur, Malaysia.