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PETRONAS, oil money, and Malaysia's national sovereignty

How did the national oil company of a small, fledgeling nation grow into a Fortune 500 company? Economic nationalism came to Malaysia later than it did for its neighbours, and scholars have neglected crucial perspectives on how it took shape. One salient symbol of this national sovereignty came with...

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Main Author: Yacob, Shakila
Format: Article
Published: Malaysian Branch of the Royal Asiatic Society 2021
Subjects:
T Technology (General)
Online Access:http://eprints.um.edu.my/35857/
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85111167575&doi=10.1353%2fRAS.2021.0014&partnerID=40&md5=090615c31312bc33ae4f719c5e7ff720
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spelling my.um.eprints.358572023-12-20T10:55:37Z http://eprints.um.edu.my/35857/ PETRONAS, oil money, and Malaysia's national sovereignty Yacob, Shakila T Technology (General) How did the national oil company of a small, fledgeling nation grow into a Fortune 500 company? Economic nationalism came to Malaysia later than it did for its neighbours, and scholars have neglected crucial perspectives on how it took shape. One salient symbol of this national sovereignty came with the formation of a national oil company, PETRONAS, which overcame internal and external political threats, corporate intimidation by oil multinationals, and an initial lack of trained specialist staff. Drawing upon primary sources from diverse perspectives, this article discusses how PETRONAS became a global player in the fossil fuel industry, and negotiated successfully with well-established international partners and competitors. © 2021 Royal Asiatic Society. All rights reserved. Malaysian Branch of the Royal Asiatic Society 2021 Article PeerReviewed Yacob, Shakila (2021) PETRONAS, oil money, and Malaysia's national sovereignty. Journal of the Malaysian Branch of the Royal Asiatic Society, 94 (1). pp. 119-144. ISSN 01267353, DOI https://doi.org/10.1353/RAS.2021.0014 <https://doi.org/10.1353/RAS.2021.0014>. https://www.scopus.com/inward/record.uri?eid=2-s2.0-85111167575&doi=10.1353%2fRAS.2021.0014&partnerID=40&md5=090615c31312bc33ae4f719c5e7ff720 10.1353/RAS.2021.0014
institution Universiti Malaya
building UM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaya
content_source UM Research Repository
url_provider http://eprints.um.edu.my/
topic T Technology (General)
spellingShingle T Technology (General)
Yacob, Shakila
PETRONAS, oil money, and Malaysia's national sovereignty
description How did the national oil company of a small, fledgeling nation grow into a Fortune 500 company? Economic nationalism came to Malaysia later than it did for its neighbours, and scholars have neglected crucial perspectives on how it took shape. One salient symbol of this national sovereignty came with the formation of a national oil company, PETRONAS, which overcame internal and external political threats, corporate intimidation by oil multinationals, and an initial lack of trained specialist staff. Drawing upon primary sources from diverse perspectives, this article discusses how PETRONAS became a global player in the fossil fuel industry, and negotiated successfully with well-established international partners and competitors. © 2021 Royal Asiatic Society. All rights reserved.
format Article
author Yacob, Shakila
author_facet Yacob, Shakila
author_sort Yacob, Shakila
title PETRONAS, oil money, and Malaysia's national sovereignty
title_short PETRONAS, oil money, and Malaysia's national sovereignty
title_full PETRONAS, oil money, and Malaysia's national sovereignty
title_fullStr PETRONAS, oil money, and Malaysia's national sovereignty
title_full_unstemmed PETRONAS, oil money, and Malaysia's national sovereignty
title_sort petronas, oil money, and malaysia's national sovereignty
publisher Malaysian Branch of the Royal Asiatic Society
publishDate 2021
url http://eprints.um.edu.my/35857/
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85111167575&doi=10.1353%2fRAS.2021.0014&partnerID=40&md5=090615c31312bc33ae4f719c5e7ff720
_version_ 1787132374299967488
score 13.214268

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