Boustead Petroleum Marketing Sdn. Bhd.
| File:BHPetrol Logo.png | |
Formerly | BP |
|---|---|
| Government-linked company | |
| ISIN | 🆔 |
| Industry | Oil and gas |
| Founded 📆 | 1964 (as BP Malaysia) 14 February 2006 (as BHPetrol) |
| Founder 👔 | |
| Headquarters 🏙️ | Level 15, Surian Tower, 47810 Petaling Jaya, Selangor, Malaysia |
Area served 🗺️ | Most of Malaysia |
| Products 📟 |
|
| Services | |
| Owner | LTAT, Boustead Holdings |
| Members | |
Number of employees | |
| 🌐 Website | bhpetrol |
| 📇 Address | |
| 📞 telephone | |
Boustead Petroleum Marketing Sdn. Bhd. (doing business as BHPetrol) is a Malaysian oil and gas company headquartered in Petaling Jaya, Selangor. The company was established in 1964 as BP's Malaysian petroleum marketing operations.[1] BHPetrol currently manages 420 petrol stations through out Peninsular Malaysia.[2]
History
The origin of BHPetrol can be traced back to the 1960s when the British Petroleum Company Limited (BP) incorporated their Malaysian petroleum marketing operations on 12 January 1964.[3][1] BP Malaysia operated 240 petrol stations throughout Malaysia.[4] BP later divested from Malaysia as part of their restructuring plan and sold 70% of their share in BP Malaysia to Boustead Holdings for RM456 million on 5 February 2005.[5][6]
On 14 February 2006, BP's petroleum marketing arm were rebranded as BHPetrol, marking BP's official exit from Malaysian petrol marketing.[7][8][9] By August, all BP petrol stations in Malaysia were converted into BHPetrol.[10]
Operations
Business segment
BHPetrol is involved in the midstream and downstream sector, though it is primarily involved in the downstream sector such as petroleum, lubricants, and liquefied petroleum gas marketing.[11][12] Its midstream sector involves the distribution of liquefied natural gas to industrial users.[13]
References
- ↑ 1.0 1.1 "Malaysia | What we do | Home". BP. Retrieved 2026-04-12.
- ↑ BERNAMA (2026-03-14). "Price Adjustments Curb Spikes, Ensure Supply Continuity - BHPetrol". BERNAMA. Retrieved 2026-04-14.
- ↑ "Boustead Petroleum Marketing Sdn Bhd". Bloomberg. Retrieved 13 April 2026.
- ↑ "World Business Briefing | Asia: Malaysia: BP To Sell Stakes In Gas Business". The New York Times. 2004-01-07. ISSN 0362-4331. Retrieved 2026-04-13.
- ↑ SIDHU, JAGDEV SINGH (2005-02-05). "Boustead to buy 70% of BP Malaysia for RM456mil". The Star. Retrieved 2026-04-12.
- ↑ Newswires, Dow Jones (2004-01-06). "BP Plans to Sell Its 70% Stake In Malaysian Gas Operations - WSJ". Wall Street Journal. ISSN 0099-9660. Retrieved 2026-04-13.
- ↑ Chong Jin Hun (15 February 2006). "Boustead to rebrand BP stations". Business Times. Retrieved 14 April 2021.
- ↑ Zaitie Satibi (17 February 2006). "PENJENAMAAN SEMULA BP". Harian Metro. Retrieved 14 April 2021.
- ↑ "Boustead not ruling out oil and gas M&As". The Edge Malaysia. Retrieved 2026-04-13.
- ↑ "BP stations converted into BHPetrol". New Sunday Times. 6 August 2006. Retrieved 14 April 2021.
- ↑ BERNAMABIZ (2025-09-22). "BHPetrol Engine Oil Awarded SIRIM Pure Product Certification". BERNAMABIZ. Retrieved 2026-04-22.
- ↑ "Boustead Holdings weighs RM2b BHPetrol gas station sale, sources say". The Malaysian Reserve. 2023-06-16. Retrieved 2026-04-22.
- ↑ "BHPetrol - About BHPetrol". 2021-03-17. Retrieved 2026-04-22.
External links
This article "BHPetrol" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:BHPetrol. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
