• CERAWEEK
  • March 10 - 14, 2025

Mazuin Ismail

PETRONAS

Senior Vice President, Downstream Business

Mazuin Ismail is a Senior Vice President at PETRONAS Downstream Business and the Managing Director/Chief Executive Officer of PETRONAS Chemicals Group Berhad (PCG), the chemical arm of PETRONAS, specialising in the manufacturing, marketing, and selling of a diversified range of chemical products. Listed on the Kuala Lumpur Stock Exchange (KLSE), PCG is one of the largest integrated chemicals producers in Southeast Asia. Mazuin’s career in PETRONAS began in 1991 as a Structural Engineer, Field Engineer and Company Site Representative for PETRONAS Carigali projects covering multiple engineering disciplines, construction, and project management. Over the years, he took on various technical and leadership roles within PETRONAS Group. These include Head of Strategic Planning Petroleum Management Unit, Head of Projects & Engineering PETRONAS Carigali, Vice President of Technical Global and Senior Vice President of Project Delivery and Technology. In 2018, Mazuin spearheaded the establishment of PETRONAS Corporate Venture Capital, managing investment fund to lead the Group effort in driving technology innovation and maintaining a competitive edge to support its core oil and gas business for further growth. Before assuming his current role, he served as the Senior Vice President of Corporate Strategy, overseeing the formulation of PETRONAS’ strategy and portfolio to achieve financial performance, sustainability, and future-proofing the business. Mazuin graduated in Civil and Structural Engineering from the University of Bradford, United Kingdom and obtained his Master of Business Administration (MBA) from the University of Adelaide, Australia.

Sessions With Mazuin Ismail

Tuesday, 19 March

  • 11:50am - 12:40pm (CST) / 19/mar/2024 04:50 pm - 19/mar/2024 05:40 pm

    Oil Markets in 2024-2025: Abundance or scarcity?

    Markets Fundamentals

    Oil markets are entering a new “normal” phase. Demand growth is cooling from the post-Covid surge and will be shaped by global economic growth, inflation, interest rates, China and a gradual but profound structural shift in the transportation fleet. While demand growth is cooling, non-OPEC supply growth is rising sharply, leading OPEC+ to reduce output to rebalance the market. At the same time, the war in Ukraine and outbreak of conflict in the Middle East has injected significant geopolitical risk into the market. How will these new oil fundamentals develop over the next two years?