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Oil & Gas in Malaysia

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    Report

  • 48 Pages
  • February 2025
  • Region: Malaysia
  • MarketLine
  • ID: 2673483
Oil & Gas in Malaysia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The oil & gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas in each country in a specific year. The value of the oil segment reflects the total volume of refined petroleum products, including refinery consumption and losses, multiplied by the average retail price of gasoline and diesel taken together. The value of the gas segment is calculated as the total volume of natural gas consumed multiplied by the retail price of natural gas.
  • The Malaysian oil & gas market recorded revenues of $41.8 billion in 2024, representing a negative compound annual growth rate (CAGR) of 0.5% between 2019 and 2024.
  • Market consumption volume increased with a CAGR of 0.8% between 2019 and 2024, reaching a total of 578.4 million BoE in 2024.
  • The Malaysian oil & gas market consumption volume grew by 1.5% in 2024, driven by rising industrial demand. The expansion of industrial activities across manufacturing, construction, and mining sectors has significantly boosted the need for fuel and energy. According to the publisher, in 2024, the Nominal Gross Value Added (GVA) in Malaysia's industry reached $162.9 billion, reflecting an 8.2% increase from the previous year, driven by higher production requirements.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in Malaysia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Malaysia
  • Leading company profiles reveal details of key oil & gas market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Malaysia oil & gas market with five year forecasts

Reasons to Buy

  • What was the size of the Malaysia oil & gas market by value in 2024?
  • What will be the size of the Malaysia oil & gas market in 2029?
  • What factors are affecting the strength of competition in the Malaysia oil & gas market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Malaysia's oil & gas market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What are the rationale behind recent M&A activities?
8 Company Profiles
8.1. Shell plc
8.2. Exxon Mobil Corp
8.3. Murphy Oil Corp
8.4. Petroliam Nasional Bhd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Malaysia oil & gas market value: $ million, 2019-24
Table 2: Malaysia oil & gas market volume: million BoE, 2019-24
Table 3: Malaysia oil & gas market category segmentation: % share, by value, 2019-24
Table 4: Malaysia oil & gas market category segmentation: $ million, 2019-24
Table 5: Malaysia oil & gas market geography segmentation: $ million, 2024
Table 6: Malaysia oil & gas market value forecast: $ million, 2024-29
Table 7: Malaysia oil & gas market volume forecast: million BoE, 2024-29
Table 8: Shell plc: Key Facts
Table 9: Shell plc: Annual Financial Ratios
Table 10: Shell plc: Key Employees
Table 11: Exxon Mobil Corp: Key Facts
Table 12: Exxon Mobil Corp: Annual Financial Ratios
Table 13: Exxon Mobil Corp: Key Employees
Table 14: Exxon Mobil Corp: Key Employees Continued
Table 15: Murphy Oil Corp: Key Facts
Table 16: Murphy Oil Corp: Annual Financial Ratios
Table 17: Murphy Oil Corp: Key Employees
Table 18: Petroliam Nasional Bhd: Key Facts
Table 19: Petroliam Nasional Bhd: Key Employees
Table 20: Malaysia Size of Population (Million), 2020-24
Table 21: Malaysia Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: Malaysia GDP (Current Prices, $ Billion), 2020-24
Table 23: Malaysia Inflation, 2020-24
Table 24: Malaysia Consumer Price Index (Absolute), 2020-24
Table 25: Malaysia Exchange Rate, 2019-24
List of Figures
Figure 1: Malaysia oil & gas market value: $ million, 2019-24
Figure 2: Malaysia oil & gas market volume: million BoE, 2019-24
Figure 3: Malaysia oil & gas market category segmentation: $ million, 2019-24
Figure 4: Malaysia oil & gas market geography segmentation: % share, by value, 2024
Figure 5: Malaysia oil & gas market value forecast: $ million, 2024-29
Figure 6: Malaysia oil & gas market volume forecast: million BoE, 2024-29
Figure 7: Forces driving competition in the oil & gas market in Malaysia, 2024
Figure 8: Drivers of buyer power in the oil & gas market in Malaysia, 2024
Figure 9: Drivers of supplier power in the oil & gas market in Malaysia, 2024
Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in Malaysia, 2024
Figure 11: Factors influencing the threat of substitutes in the oil & gas market in Malaysia, 2024
Figure 12: Drivers of degree of rivalry in the oil & gas market in Malaysia, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Shell plc
  • Exxon Mobil Corp
  • Murphy Oil Corp
  • Petroliam Nasional Bhd