'''Boustead Petroleum Marketing Sdn. Bhd. (commonly known 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 West 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]
External links
References
- Malaysia BP, retrieved 2026-04-12^
- BERNAMA. Price Adjustments Curb Spikes, Ensure Supply Continuity - BHPetrol BERNAMA, 2026-03-14, retrieved 2026-04-14^
- Boustead Petroleum Marketing Sdn Bhd Bloomberg, retrieved 13 April 2026^
- World Business Briefing The New York Times, 2004-01-07, retrieved 2026-04-13^
- JAGDEV SINGH SIDHU. Boustead to buy 70% of BP Malaysia for RM456mil The Star, 2005-02-05, retrieved 2026-04-12^
- Dow Jones Newswires. BP Plans to Sell Its 70% Stake In Malaysian Gas Operations - WSJ Wall Street Journal, 2004-01-06, retrieved 2026-04-13^
- Chong Jin Hun. Boustead to rebrand BP stations Business Times, 15 February 2006, retrieved 14 April 2021^
- Zaitie Satibi. PENJENAMAAN SEMULA BP Harian Metro, 17 February 2006, 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^