BHPetrol: British Petroleum in Malaysia
British Petroleum's green petrol stations were once upon a time all over Malaysia. Starting in February 2005, all of the green slowly became orange, and the august logo "BP" became replaced with a more modern looking "BHPetrol". If the old logo looked like a school badge, the new logo looked like a Web 2.0 logo. It was a rebranding process, to reflect the takeover of BP Malaysia Sdn Bhd. Thirty per cent of the company was held by Lembaga Tabung Angkatan Tentera, while the remaining seventy per cent was held by LTAT's subsidiary company, Boustead Holding Bhd. Thus, Boustead Holding Berhad came to change the name of BP Malaysia Sdn Bhd to Boustead Petroleum Marketing (M) Sdn Bhd. (Source: BHPetrol News and Media Archives. Boustead to rebrand BP Stations .) The whole matter began in 2004 when BP Malaysia and LTAT concluded talks to sell BP's 70% stake in BP Malaysia Sdn Bhd to LTAT. (Ref: Gulf Oil and Gas, 3rd January 2004. LTAT To Purchase BP's Shareho...