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Message: <blockquote data-quote="zeedo" data-source="post: 392671" data-attributes="member: 10193">44% from the country's annual budget comes from Petronas so it has done its share of social responsibility, to sponsor a team just because it is 1Malaysia team should only be based on business feasibility. This deal with Merc GP will further enhance the lubricants market for Petronas which currently already owns Selenia....Other oil majors like Exxon and Shell use up to 60-70% of their revenue for reinvestment while Petronas only has 19% because the rest is returned back to Government in the forms of royalty and tax.If emotional sentiment is used as the basis of running a national O&G company, it will end up like Pertamina...the company who first taught us how to handle the black gold back in the 70's</blockquote>